Financial Principles and Reimbursement
Part 1: Financial Principles and Reimbursement
Reimbursement Strategies
This section of your paper is no more than half a page. You will use research to define case rates and management utilization. Then you will show how these factors impact pay for performance incentives. (Assume your reader knows what pay for performance is.)
Reimbursement Methods
This section of your paper can easily be written as a chart. You will want to choose methods that are dissimilar enough to allow for comparison. Please use the chart I have provided for this section. (I know you are busy! I’m trying to make your life easier.) You need no further explanation other than the chart.
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Reimbursement Method |
Advantages For Strategic Planning of Operational Performance |
Disadvantages For Strategic Planning of Operational Performance |
Best Use (Type of Facility and Why) |
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Method 1 |
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Method 2 |
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Financial Management Principles
Another Chart! You need no additional information other than what you include in the chart. You will include three of the financial management principles listed within the assignment directions (revenue reimbursement, benchmarking of industry standards, payer-mix breakdown of payers, case rate and utilization rate data) to identify how they are used to evaluate operational performance.
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Financial Management Principle |
How It Is Used to Evaluate Operational Performance |
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