Essays on Billing

There is no question that health care costs are an important subject that is being discussed on national scale. Americans have watched as health care costs have increased over the last decade. Some people are paying thousands of dollars more than they have in the past; this equates to nearly $3 trillion across the nation (Herman, 2014).There are a number of different key drivers that can have serious impacts on the overall health care system and the people who need it. Two of the key drivers that are contributing to high health care cost are, first and foremost ...

ABSTRACT

Cloud computing employs the use of parallel and highly computed processors to virtually and remotely deliver services. This is an important factor forenterprises whose processing resources are limited and who suffer limitations on the manpower and data storage. This notwithstanding, cloud computing faces a serious threat in the area of data security. This is because the attackers have become very opportunistic and look for any slight loophole that will enable them to bypass the server securities within the cloud computing environment. It is thus important to come up with a systematic approach that can help in identifying the vulnerabilities ...

Imaginary Clinic

The clinic is a general practice clinic. It provides person-centred, progressive as well as comprehensive whole-person health care to persons and families in their society. It encompasses the foundations of an efficient health care system (“Capterra” par.1).

Branches of the Clinic

The clinic is a stand-alone clinic. However, satellite offices will be opened in different towns within a year in an attempt to reach more people (“Capterra” par.1). The clinic has four physicians and 7 physician extenders. That is, four nurse practitioners and three physician assistants. More physicians and physician extenders will be recruited as time goes. The new physicians will be sent ...

The two major systems of Health Information Technology (HIT) are Electronic Health Record (EHR) and the system of practice management (PM). EHR has become an essential tool of modern health care to meet the standardized criteria. The majority of the physicians conduct their practices on PM system. Although, both of these systems don’t perform the same tasks and are meant for different purposes. The primary functions that EMR performs are the clinical ones while PM system is meant for billing as well as scheduling functions. The similarity between these systems is that both of them go through the ...

Define and discuss time and space utility

Products must be transported from the place where they are produced to the place where customers demand it to be delivered. The value-add that the product gains due to its transport is called space utility. The time utility is the length of time before or between the product deliveries, which consists of mostly storage and inventory time. When the organizations are able to deliver the goods at a time they are needed, then their time utility increases.

What is the Total Cost Analysis and how does is affect logistics?

Total cost analysis provides the methodology for integration of logistics, manufacturing, and procuring costs across the network. This is done to achieve ...

Healthcare Providence to every citizen is the prime responsibility of medical care centers and other health departments working simultaneously. It is imperative for health care centers to educate and inform self-pay patients how to deal with insurance procedures. The medical institutes are devising strategies to collect cash from self-pay patients efficiently. Many of health care institutes help out self-pay patients to get insured but still many of self-pay patients do not get proper outlets or platforms to insure themselves. Healthcare centers like Sutter Healthcare are progressing and working on how to provide healthcare services to those who cannot afford ...

IT in Managed Care Organizations

Introduction The most important function of information technology (IT) in managed care organizations (MCO) is to support their business. MCOs are complex in nature, offering a wide range of services to a wide range of individuals. It is vital for management to align its IT department with the operational dynamics of the organization. In this situation, it is important fo an IT department to align its goals to managed the complexity of MCO. A MCO should reduce risk if they have a well-function IT department. Thus, the IT department main concern is designing, implementing, and operating an efficient system ...

Position: Marketing Director

Description: Although I joined the company as an Analyst, I was promoted to lead the marketing division of INFITEC GmbH globally, based on my performance. In this elevated role, I was directly responsible for opening offices in China, USA and Russia, as well as finding strategic partners in the EMEA region for home cinema and system integrators in the B2B area. At present, I manage a team 4 people in Germany and report directly to the CEO and the Managing Director. Listed below are some of the projects I have been involved in as part of this role. Project ...

EHRs

Electronic Health Records are a broad category of HITs containing a patient’s clinical history. The system’s primary user is the provider and would encompass primary clinical information relevant and unique to the patient from the provider’s perspective. Some of the information contained in EHRs include demographics, medication reports, patient charts, laboratory data, and past medical information. Thus, the system is an automated version of patient information offered as part of the support process from various interface users (Keyhani et al., 2008). This paper considers the lifecycle of EHRs through a description of the process involved in ...

Health IT Hot Topic of Week Assignment: Electronic Health Record

Electronic Health Record can be defined as the systematic collection of the health information of populations and patients that have been electronically stored in digital format. The health information can be shared across diverse heath care settings through enterprise-connected and network-connected information systems as well as other information exchanges and network systems (Hsiao, Hing, Socey & Cai, 2010). Electronic Health Records includes an array of data, from allergies, medication, medical history, radiology images, medical billing information, and personal statistics such as weight, age, and laboratory test results to immunization status. Electronic Health Record systems are often developed for the main ...

Re: Reinstatement of Draw Sheet Practices

In most cases, efforts to lower injuries that are associated with the handling of the patients are often based on traditional, personal and scientific evidence. The main reason for this letter is to support the argument by my co-worker Jennifer Moody concerning reinstatement of the draw sheet practices that was previously used in the emergency department. Despite the strong evidence provided by Jennifer, it is true that most of the workers are having a hard time offering this small services. Using of draw sheet has been proven over decades to be very effective and has shown to significantly reduce ...

CHAPTER ONE: INTRODUCTION

1.0 Introduction The phrasal word ‘Big Data’ means literally an enormously huge volume of data. In the present information era, terabytes of data are generated and petabytes of data are processed everyday with the outreach of ubiquitous social media, online shopping and many other mobile and internet based applications. The traditional methodologies became inadequate to process, analyze and extract information from these huge data volumes from diverse sources and of new and different data types. So, new ‘Big Data’ methodologies have been developed in dealing with this barrage of data and to help governments, businesses and industries in taking ...

Abstract

The healthcare systems comprise of many services that can lead to the successful delivery of treatment to the patients. Patients can receive their treatment and then the member or the hospital can contact the third party payer to reimburse them. There are numerous reimbursement methods and clients chose one that they. The methods include; the Value-Based Purchasing Medical Reimbursement, pay for performance, fee-for- service and episode-of-care payment. Each method has both its advantages and disadvantages to either the patient or the hospital. An acute care hospital which provides quality treatment to the patients within a short period utilizes the ...

As with any cyber phenomenon, hacking is a relatively recent phenomenon invented slightly over 5 decades ago. The period since then and up to this point saw new ways of hacking into different systems developed, deterrent acts enforced, and abusers arrested. The present state of the illicit occupation shows the great heights hacking, unfortunately, has achieved, as seen in it being applied for enjoying free phone calls or transferring bank funds. The occupation looks very developed, worse still, it is predicted to develop in the time to come. The human factor, unprotected systems, and technology development will keep feeding ...

Healthcare fraud in the US is more common than one would think. In fact, the US government loses billions of dollars each year due to fraudulent billing, kickbacks, and other illegal activities by physicians, hospitals, pharmaceutical companies, and many other stakeholders. In my opinion, the fines for healthcare fraud should be stiff, especially in cases that result in unnecessary injuries or deaths. In my estimation, one of the best things that can be done to improve healthcare, and minimize incidents of fraud is to eliminate the profit motive from the healthcare system. In a video about Health Management Associates ( ...

Analysis The Netflix Website

Report Distributed June 30, 2016 INTRODUCTION Overview Netflix is an American based streaming service from where a subscriber can view TV content as well as movies. It's a subscription service where one pays for the content they wish to stream based on their preference and ability to pay. The choice of the website is due to its stylish layout and easy to navigate the menu. This report analyzes and reveals the advantage and disadvantage of the overall layout and detailed design of the website of Netflix, with attachment of vivid website pictures to help explain to readers.

Purpose

Netflix is ...

Introduction

Netflix is an American based streaming service from where a subscriber can view TV content as well as movies (Healy, 2010). It's a subscription service where one pays for the content they wish to stream based on their preference and ability to pay. The choice of the website is due to its stylish layout and easy to navigate the menu.

Overview of the Netflix website

On accessing the website, the customer gets a clear welcome interface from where one can easily locate the log in section and easily proceed to their desired section. From the same page, one is able to clearly see the ...

According to (2016), the Canadian health care act was designed to deliver five fundamental objectives in the country's health care system. By definition, the act refers to the federal legislation that describes how a person within the borders of the country can access health care. At the same time the financial responsibility of these individuals is passed to the government of Canada for the provision of health services (Thompson, 2016). Intrinsically, the act was designed to enable the Canadians access the health services needed and not the health services that they can afford to pay. In this light, this ...

According to (2016), the Canadian health care act was designed to deliver five fundamental objectives in the country's health care system. By definition, the act refers to the federal legislation that describes how a person within the borders of the country can access health care. At the same time the financial responsibility of these individuals is passed to the government of Canada for the provision of health services (Thompson, 2016). Intrinsically, the act was designed to enable the Canadians access the health services needed and not the health services that they can afford to pay. In this light, this ...

DD Month YYYY Datasil, a Canadian distribution firm specializing in sale of computer and electronic equipments was apparently bought by the US firm with a carefully planned strategy to access the Canadian Market. According to experts firms that plan expansion in other countries must thoroughly evaluate the external and internal factors of the M&A before establishing an operation in a new country (East 1). The expansion plan must address all these issues before initiating the process in order to achieve a smooth transfer of operations. According to East, the first and foremost issue is the financial soundness of the ...

Quality Control and Accreditation

Core Competencies and Functions Following the proposals for the Community Clinic and the GAH as well as their structure, there are various functions and competencies that relate to their mandate. They are defined as follows. The design, development and implementation of an integrated care that is centered on the patient. The main goal for this core competency is to build the capacity for the measurement, management and improvement of the quality of care and the efficiency in the delivery of care across the continuum of care (American Hospital Association, 2011). The continued organizational-wide collection and use of data to ...

Introduction

Effective marketing strategy is necessary for ensuring that a new product or service is well communicated to the target segment. With that, this report presents a summary of a marketing strategy for a walk in clinic. The report describes the product, the consumers, the impact of outside agencies and regulators, anticipation of the changing market and the importance of the marketing strategy.

Marketing strategy

Product Information Service Description The proposed service is a walk in clinic focusing on the urgent care services such as laboratory testing, sutures, x-rays and removal of foreign bodies. The Clinic will be based in New York ...

Personal Health Care

Personal Health Care

Personal Health Record ‘PHR’ is defined as the means through which health records and other information pertaining health of an individual is preserved by him or her [5]. Typically, healthcare information is retained by healthcare representatives such as nurses, doctors and others and not by the patients. This form where the health institutions and representatives are given the role to preserve patient’s information is known as electronic medical record (EMR). In EMR, the healthcare practitioners are mandated to take and research the health record as they have other uses such as billing and placing insurance ...

Introduction

Advocating Angels is an innovative business idea that provides access to patient navigators, patient advocates and medical billing advocates and other services that are helpful in overcoming many healthcare challenges. The primary aim of the business is to give quick response to the patients who need assistance and advice in any critical situation. The mission of this consulting business is to provide high-quality advocatory services to the patients who are facing variety of challenges regarding healthcare and medical facilities. Michael C. Emond, BSN, RN, and CEN are the owners of the business who have a combined experience of more ...

Medicine

2016-05-16 The revenue cycle management in the healthcare industry can be considered as managing of claims, payments and revenue generation. A special medical billing software is needed in order to effectively keep track of all business processes (especially, claims tracking). There are twelve main steps for managing company’s revenue cycles (McKesson, 2016). Let’s describe them in more detail. Physician ordering is the first step. It belongs to the pre-visit part of the revenue cycle management. During this step staff should receive information about eligibility and confirm it. Patient registration is the next step of the pre-visit part. ...

Information creation

Analysis Procedures Facilities and amenities Supplies Word Document production Instruction of filling 1500 CMS forms Possible Mistakes that can occur Word Document production

Guidelines on how to complete 1500 CMS form

Step I. The form is best filled out by starting with the first section where the patients fill out his/her assurance provider. The patient should carefully tick where his/her insurance is eligible for i.e. Medicare, Medicaid, etc. Step II. The patient's personal data is copied directly from his/her chart section carefully into the 1500 CMS form. Ensure that there are no mistakes to correct such as address, name, age, etc. Step III. Particular attention is required ...

HCPM 341

Introduction Practice management is one of the least popular jobs among medical practitioners, probably because it leans more on the field of management than in the medical practice itself (Aluise, 2012 p.142). However, done correctly, the organization will produce the profit that is needed in order to continue providing excellent healthcare services to patients. In managing the multi-specialty group of six doctors and three mid-level providers, I will employ planning, organizing, staffing, controlling, directing, and decision-making. Planning is probably the most important of these six elements because without it, there is no order. Even if there are duties and ...

As requested, I have looked into the tendency to overbill in law firms and sole practitioner offices in the United States. I have looked into how these tendencies can endanger any prospective law firm, including our own. According to my findings, the legal profession requires many reforms in order to comply with Rule 1.5 of the Model Rules and to still be able to generate a viable profit through billable hours, fixed rates or contingency fees.

Analysis of Billing Issues Within the Legal Profession

In recent years, the legal industry within the United States has undergone a major transformation. In fact, since the economy crashed in 2008, ...

2766 Words

Differences between the way work was organized at TCS and at Scotchem

Total Customer Services (TCS) and Scotchem are two disparate organizations with different forms of work organization. TCS is an outsourcing firm dealing with outsourced housing operations while Scotchem is a networked organization which relies on its alliances with suppliers and customers in its chemical manufacturing business. The housing claim processing contract for TCS was seven years and this defined its work organization. The contact between the council and TCS comprised of council workers working on monitoring claims that would have been processed by TCS workers. It was the council which set up weekly targets that TCS had ...

This situation between Ari and Raymond is surely a common occurrence in the real world of practicing law because it represents the issue of unreasonable fees combined with other issues of a paralegal practicing law with limited supervision from a supervising attorney, (Thompson, K., 2008). What is important to note about this situation is that it shows an attorney and its law firm taking advantage of a client’s emotions and possibly providing him inadequate representation for his upcoming matter. Thus, the most pertinent issue in Ari’s case that should be assessed is whether he is too emotional ...

Medical billing is an iterative process that involves the translation of a healthcare service or product in a billing claim. Ideally, the medical biller has the responsibility to make sure the healthcare institution receives sufficient reimbursement for the services provided by the medical practitioners. The responsibility of the biller may vary from one institution to the other based on size and capacity of the healthcare facility. Ultimately, the medical biller must have specialized knowledge regarding medical records and just like the medical coder; they must have strong familiarity with ICD-9-CM, CPT and HCPCS level II codes (Smiley, 2012). Most ...

Inventory Management

Introduction

Throughout its operations, ABC faced the challenge of stock-outs in certain inventory. This refers to circumstances when the company would run out of important inventory, thereby turning the buyers away when they needed certain products. This problem was mostly witnessed among the inventory that would later be classified as under category A. Initially, ABC did not have a system of setting preference as to which products to be closely monitored or to be given priority over others. Commodities under A proved to flow easily. Simply put, their demand was overpowering the supply. With the past inventory management methods, ...

In the healthcare industry, failure to efficiently collect patient revenues, or to invoice and receive payment for services, can seriously undermine a practice’s ability to meet its obligations, much less profit. While it is essential to weigh the balance between profitability and the provision of high quality patient care, it is also important to establish a revenue management cycle that is aimed at capturing and managing patient service revenue (Oregon Health and Science University, 2016). As such, the following recommendations can be made, as it relates to the selection of Hamilton-Reach Financial Services as a collection agency, or ...

Inventory Management

Inventory Management: ABC There are several possible reasons as to why ABC revamped its inventory management methods. These may include Past ABC records reveal that stockouts were common phenomena in the operations of the business. Often, the company would run into a shortage of its products. Simply put, the demand for the products would, in certain cases, overpower the supply. This would mean that ABC had no other option, it had to turn away its customers. This is a risk venture. In any business, customers play a significant role. They bring money to the business. Stockouts bring an undesired ...

[First Name Last Name]

In the given case study, Fiserv is a payment and electronic billing company, which is encountering a challenge of coming up with fruitful recommendations that it may present in front of its e-billing partners to increases the adoptions of electronic payment methods for paying bills i.e. e-billing. In order to overcome the challenge, Fiserv has hired a marketing research team, which aims at studying and segmenting the e-billing consumer market. Therefore, this paper focuses on analyzing the finding of the market research team by using the customer value targeting and segmentation strategy in order to ...

Operations and logistics are the fundamental dimensions that an operations existence is anchored on. Riordan manufacturing is committed to ensuring that the operations and logistics are streamlined and that laid down procedures that guide the process of receiving materials, tracking, manufacturing and dispatch are adhered to. The company is aware of the fact that operations and logistics are the main pillars of any business. Instituting proper processes and standards will help Riordan to streamline its operations and logistics process thus increasing efficiency and profit margins for the organization (Russell, 2007).

Current Operations and Logistics Systems in Place

Currently, the company’s operations and logistics process is ...

In health care, accounts receivables represent due payments from patients for services offered and payments due from insurance companies (Ferenc 169). The accounts receivables constitute the largest part of hospitals current assets in a balance sheet (Ferenc 169). Hospitals employ resources that cost money in offering services to patients hence they require an adequate cash flow. Patient statements and claim forms are prepared for billing after patients have received medical services. Managing the accounts receivables in a hospital requires an effective system that captures all the events in the accounts receivables’ cycle (Ferenc 172). The cycle begins with the ...

ISP REMOTE:

ISP REMOTE INTRODUCTION ISP is an acronym for Internet service provider. The term is used to describe a company that can provide one with the ability to access the internet. The ISP provides a gateway to the large interconnected pool of computers that a make up the worldwide web. The connection to the internet can be achieved through different approaches (Fonseca, M. and Agoulmine, N., 2015. p.n.d).These approaches include: Dial-up services: this is a service that provides connectivity to the Internet through the use of the telephony network. It works by connecting the telephone line to the computer ...

Anthony

The most preferred method would be the "greater than highest payer’s reimbursement method." I like the idea of it being a "step back tool" to take a look at the overall costs of all the services provided and dividing up what insurers will pay and compare it to the costs. A good example of this would be when a patient comes in for a service like a MRI and their insurance wouldn't allow them to go to St.Luke's due to the costs of doing it there versus another company like Metro Imaging, which would be cheaper for the ...

The Patient Protection and Affordable Care Act (PPACA) of 2010 was signed into law on March 23, 2010 (HHS.gov., 2015). Referred to as the Affordable Care Act (ACA), it is a health reform effort that has generated a great deal of controversy due to its complexity and wide range of impact. The ACA is mainly concerned with mandating that every person in the country have some form of health insurance. Almost immediately after the legislation was passed, marketplaces for health insurance appeared and businesses hurried to find coverage for employees. There were some very negative changes that resulted such ...

Introduction

Many people classify white collar crime as a crime of opportunity and the statistics of the offenders show that they are mostly individuals entrusted with a positon from which they illegally syphoned personal gain. The two areas of white collar crime to be discussed in this paper are the health care fraud and the weights and measures crimes. These two are the most common and used by millions of people each day. You may only see a burglary in your area once or twice in a lifetime or hear of a shooting very seldom but the health care fraud ...

Question 1: Ensuring compliant coding and billing

Adhering to accurate coding and billing processes is one of the most important elements in ensuring RCM coding and billing compliance. A critical process that can be used to ensure RCM practices comply with coding and billing regulatory guidance and industry standards is regular monitoring and auditing of medical claims before submission for payments such as the ICD-10 standards (CureMD, 2016; Kochhar, n.d.). Frequent request follow-up and verification activities improve and strengthen the overall coding and billing processes of a firm by helping ensure that all the necessary right safeguards are in place to avoid errors (MetricStream Inc., 2016). ...

It is estimated that the world produces over 500 million tons of paper with writing and printing papers which are mostly found in offices accounting for the largest percentage of the total paper consumption. In 2011 alone, the world saw approximately 400 million tons of paper being produced and consumed (Statista.com). Big contributors of paper consumption are the United States, China and Japan. The three countries alone account for almost half of the world’s paper production and consumption. The United States is the leading country in as far as paper export is concerned while Germany is the world’ ...

Management Case

The problem that has necessitated the analysis of data using control charts to determine whether the processes at the hotel are in control is the increasing number of complaints from the customers regarding the charges on their hotel bills (Reid and Nada 243). Some of the complaints included extra charges on the bill for services that were no rendered and meals that the customers did not order. Other complaints include the lack of charges on the hotel bill for services rendered and meals that were ordered. The need to sort the issues at the front desk caused delays for ...

One of the most significant tasks managed by Health Service Administrators is managing the legal and regulatory issues that face healthcare, and health care providers. Leadership is called upon to ensure that these legal premises are followed, in order to protect patients, health care providers, and health agencies alike. Ann Smith, CEO UK Healthcare was tasked to explain some of the leading legal and regulatory issues which impact the delivery and management of healthcare. She indicated that the most prominent issues listed in no particular order, from a legal standpoint, facing health service administrators include the application of HIPPA, ...

Question One

The revenue cycle role that I see myself performing a significant role is charge capture and coding role. There are various reasons supporting this notion. More importantly, I comprehend well with an array of concepts aligned with this role. Charge capture and coding role entail the documentation of services, which are translated into billable payments (Cleverly et al., 2010). I have an innate understanding of the manual means of documenting such services. Besides, I am well acquainted with technological competencies needed to electronically document the same services. I understand the fact using manual means for documentation takes time; hence, ...

Introduction

For an action to be tried under the false claim act, it must have some form of intents. In most cases, honest billing mistakes are not considered as fraud under the false claim act. For a healthcare provider to receive reimbursement, a physician must authorize all the services provided. It is imperative that the provider administers healthcare to the patient in the presence of an authorized physician. Any action outside the provisions of this can be tried in the court of law for payment under mistake fact, the false claim including fraud (Krause, 2015).

Issue

The eminent issue presented in ...

Question 1

The healthcare industry is one of the most sensitive and largest industries today. Therefore, the level of professionalism and the due care is more in the health care industry as compared to the other industries. It is true that the fraud prevention or minimizing the risks of frauds can be achieved in the health care organization from top to the bottom of the organization. The professional behavior and the integrity of the top management enhance the ethical behavior of the other employees and the risk of fraud reduces automatically in the health care organization. Moreover, ...

When the internal audit is being carried out, there are several problems that will be discovered by the internal auditors. One of the problems that will be discovered is the inappropriate keeping of accounts receivables. Accounts receivable should be kept in an appropriate manner to allow the hospital make some follow-ups on the accounts that have not been settled. Due to the inadequate knowledge, then it might be impossible to keep appropriate records of the accounts receivable. When the records of the accounts receivable are not kept properly some of the patients might take advantage of the situation and ...

Business Problem 3

SDLC design, development, and implementation 5 Requirements Checklist 6 User case diagrams for human interactions 7 User training 8 Maintenance activities 9 Referances 10 Business Problem Udo, Marian, & Uduak Corporation (UMUC) is a private company in Kanzas focused on electronic services fro medical facilities. However, recently the managed not only to further develop and expand the precision electronic components, and replacing parts for medical devices portfolio, but also to introduced low voltage motors for saving emerge and rising efficiency. These devices can be used outside the medical industry, what makes them popular and appealing. That was the reason for ...

[Institution Title]

Introduction

The medical profession is continuous improving. The need to make modifications in existing system has more to do with trying to fit in new and significant findings into the current practice. One area of the medical profession that constantly needs updating is the medical coding system. About the third quarter of 2015 there was major change in the medical coding billing system which was called ICD-10 . This paper would like to review the article which discusses these changes and the progress and drawbacks that ICD-10 has been able to deliver.

Medical coding's makeover looking prettyso far

According to Bertha Coombs (2015) by the ...

Baptist Health Hospital is located in South Florida. It is a non-profit organization favored by philanthropy and focused on a charitable mission of medical excellence based on faith. It has seven hospitals and over 50 outpatient facilities ranging over 3 counties and is the biggest health care organization in the region. 15000 employees 2200 physicians holding national and international reputation. Number of beds totaled 1761 as of 2015 . The sole mission of Baptist Health is to enhance the health and overall wellbeing of patients and to encourage the preservation and sanctity of life in communities . It is a faith-based ...

The paper will focus on examining the tools that are enacted in the United States to help fight against organized crime and terrorism in which diplomacy, criminal law, financial control, military force and intelligences are all critical components that need to work correlated and coordinated. The thesis of this paper is that in every counterterrorism toll beside the advantages there are many disadvantages and controversy present. The important documents accepted in the recent time regarding the counterterrorism will be examined with the main focus on the Patriot Act. The negative and positive sides of the use of wiretapping, metadata, ...

Executive summary

This paper provides a strategic plan for ERBAKIR CN WIRE Company. The strategic plan includes an analysis and evaluation of integral aspects of Company’s operation. These aspects are company’s background, its organizational mission, vision and value statements. Besides, the paper provides an environmental scan, describing Company’s place on the trade market. The paper reviews current strategies and states the recommended ones. In order to reduce and overcome risks, the paper offers an implementation plan including contingency plans for identified risks. ERBAKIR CN WIRE Company is the largest of Electrolytic Copper Conductive companies in Turkey and one ...

The introduction of the HIPAA affected organizations. The Act brought a new order in healthcare industry. With the introduction of the Act, healthcare organizations were expected to evolve from a cottage type industry to a new industry contributing to advanced medical research (Califf and Muhlbaier, 2003). The healthcare organizations were either to comply with HIPPA or risk facing severe penalties including but not limited to criminal prosecutions and fines. Implementation of HIPAA guidelines came at a cost. Organizations had to invest a lot of resources and implement organizational changes to meet the requirements. For example, transitioning from paper records ...

Introduction

The revenue Cycle helps in managing the billing policies and procedures of an organization. Various steps are involved in this cycle including pre-verifying of insurance, a charge capture system, coding of services, ensuring accurate and timely charge entry, payment posting and managing accounts receivable. Meanwhile when it comes to insurance negotiations, the provider and client can choose to come to an agreement. Additionally, one needs to pay considerations when it comes to charity care and private pay.

Revenue Cycle

Steps in the revenue cycle start with pre-verifying of insurance. In this stage, each client should have a copy of their insurance ...

Discussion Questions

This statement by Drucker means the reason a business exists is to serve its customers as well as the general public. Any business is in place for a given purpose and if the business does not have any customers, then there is no reason why the business should be in place. With this statement, Drucker means that the customers of a business as well as the general public determine the purpose of any business. I agree with this statement because a business has to fulfill its purpose by ensuring that it meets its customers need while at the same ...

Introduction

Global Health Asia Limited (GHAL) is one of the world’s leading insurance brokers advising on global health insurance and medical insurance cover (Rushton & Youde, 2015). It has over 20000 clients including majorly individuals and families. GHAL has expertise in providing advice on choice of overseas comprehensive global health insurance and medical cover. Global Health Asia Limited was formerly Pathfinder Asia Limited is a third party administrator and agent of American Home Assurance Company. Its services include underwriting, policy administration and claims adjudication (AHAC). Its aim in Singapore is to advise clients on the level of cover they require ...

Introduction

Medical billing and coding is an important job as it helps facilitate the delivery of healthcare services to patients (“What Is Medical Billing and Coding?”). It also ensures the efficient processing of patient and healthcare facility information. In this regard, I believe I am highly qualified to hold a position in this capacity because, aside from having completed an education and training in medical billing and coding, I have great organization skills that would enable me to perform the tasks efficiently, correctly, and accurately. The medical billing and coding job involves working with various types of information where accuracy, ...

BCE Inc. is a communication company based in Canada and is one of the leading. It provides communication solution to all organizations from the small enterprises to major companies. Their communication products include: wireless network powered by Bell Mobility, Virgin mobile Canada and SOLO; Bell fiber for high speed internet; home phones; internet protocols broadband; satellite TVs and media content through CTV. The company commands a large customer base and has also provided employment to many Canadians. It has been growing steadily to get hold of their targeted market and in a bid to diversify itself to face off any competition from ...