Finance in HealthCare

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Unit 2 Assignment:  Third-Party Payers

 

Unit outcomes addressed in this Assignment:

 

  • List the features of third-party payers.

  • Describe third-party payers.

  • Explain reimbursement methods used by third-party payers.

  • Explain the effects of coding on reimbursement. 

 

Instructions

 

For this Assignment, you will be writing a report to the Board of Directors of Health Care Systems, Inc. regarding the importance of proper coding in order to ensure prompt reimbursement. In the report, the Board requires an introductory paragraph that should summarize the role of finance in Health Care Systems, Inc., the primary users of the financial information; any associated legal or regulatory issues, and a brief statement on the legal form of Health Care Systems, Inc.

 

The body of your report to the Board of Directors should include a detailed description of the features of third-party payers, the reimbursement methods used, and the effects of coding on reimbursement.

 

To conclude your report to the Board of Directors, summarize in a one paragraph conclusion the key points of your report and include a final statement on how you, as the CFO, will ensure proper coding to facilitate prompt reimbursement in the future.

 

Requirements 

 

  • This report should be no less than 5 total pages in length, including the title page and separate reference page. The body of this report should be no less than three full body pages.

  • Follow APA formatting for the title and reference page, as well as APA formatting within the paper itself (Times New Roman 12-point font and properly double spaced).

  • Information should be summarized in your own words with appropriate APA formatting and citation style of in-text citations in the body of the text to acknowledge the source(s) of information.

  • Follow the conventions of Standard American English (correct grammar, sentence structure, punctuation, etc.).

  • Your work should display superior content, organization, style, and mechanics.

  • Must have at least 2 sources. (Be sure to cite properly)

 

Unit 2 Assignment Grading Rubric = 175 points

 

Assignment Requirements Points possible

 

Points earned by student

 

Report includes a description of the role of finance and legal and regulatory issues in health care. (0-25) 

 

Report includes a description of third-party payers. (0-50)

 

Report includes a description of the effects of coding on reimbursement. (0-50)

 

Report concludes with a description of how to ensure proper coding to facilitate prompt reimbursement. (0-35)

 

Report identifies the users of financial information and the role of finance in decision-making. (0-15) 

 

Total (Sum of all points)     

 

Points deducted for spelling, grammar, and/or APA errors. 

 

To see the Chapter 3 information click on the link before, and then click on Courtesy eTextbook (7 days FREE) link.

 

http://www.chegg.com/textbooks/fundamentals-of-healthcare-finance-2nd-edition-9781567934755-1567934757

 

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