Discussion

Andria Byrd

Hi class and happy 10th week, we made it!

In the initial journal, I wrote that this class would help me understand why the industry is shifting its reimbursement models. Working for a health plan this class has helped me build a greater understanding and knowledge about governmental policies related to reimbursement and how to research reputable and reliable sources. Understanding how financial principles, government policies, data reporting, and teams work and come together to improve an organization’s bottom line is important for all health care leaders to understand. I will apply the concepts of this class to my career to help explain to providers exactly how and why reimbursement has shifted. Having a deeper understanding and resources to refer to will help me network with providers for managed care health plans. This class has boosted my confidence and knowledge about healthcare reimbursement overall. Specific topics such as benchmarking a term I knew very little about. However, I can now continue further research by looking into data sets and networking from a performance-based perspective.