Chapter 5 - Payment System Grid_Class Activity

Select 3 of the following EDI transactions that are processed in the format established by the Health Insurance Portability and Accountability Act (HIPAA) A Order management B Eligibility C Release of Information D Consent forms E Claims status F Payment and remittance advice

Course Name: Principle of Healthcare Finance How does Medicare reimburse hospitals for inpatient stays?

Course Name: Principle of Healthcare Finance   How does Medicare reimburse physician services?

1. How can social media help a hospital manage the patient experience? 2. Briefly explain the difference between short-term and long-term assets.

1. Briefly explain The Information Flow.  2. How can social media help a hospital manage the patient experience? 3. Briefly explain the difference between short-term and long-term assets. 4. What are the major differences in Government Sourcesand Managed Care Source? 5. Explain the two types of disbursements for services. 6. What is the difference between direct and indirect costs? Explain.

What financial statements would an NFP hospital present?

List and describe at least 5 stakeholders in the health care payer system.

QUESTION 10 With a DRG, Medicare pays for a hospitalization based on _____.     how long the patient was hospitalized     the diagnosis the patient was hospitalized to treat     how much the hospital did to treat the patient     how much the hospital spent caring for the patient.

1. What are the four elements of financial management? 2. Briefly explain The Information Flow.  3. How can social media help a hospital manage the patient experience? 4. Briefly explain the difference between short-term and long-term assets. 5. What are the major differences in Government Sourcesand Managed Care Source? 6. Explain the two types of disbursements for services. 7. What is the difference between direct and indirect costs? Explain.

List the major steps relating to the hospital billing cycle?

Summarize what  any information related to financial planning and strategies in healthcare reimbursement

The main selling point(s) of managed care is (are) what? ☐ 1) Reduce the cost of care. 2) Raise or maintain the quality of care 3) Help employer select healthier employees in the insurance pool. ○ 4) A & B ☐ 5) B & C ○ 6) A & C

What is the importance of ratio analysis? What are the four main categories? How would a health care manager use ratio analysis?

Activities of daily living (ADLs) are important in determining _____ for long-term-care insurance.   Group of answer choices a. type of care b. services covered c. the waiting period d. eligibility e. benefit duration

How did COVID-19 chnage medical supplies where they're needed during emergencies. How can that be changed now?

How can CVP Analysis be used to predict future cost and profitability? How can CVP analysis be used in a hospital setting?

Health maintenance organizations (HMOs) provide health care to participants without requiring them to file insurance claims. a. True O b. False

When creating an Income Statement and calculating Net Patient Service Revenue, which of the accounts do you actually record as a line item on the Income Statement? O Discounts Charity Care Accounts Receivable Bad Debt

Health Insurance Fundamentals Online Certification Exam 00:33:38 Question #32 of 50 Dread disease policies A) generally cover illnesses that do not occur frequently, but incur significant costs when they do occur B) generally cover illnesses that occur frequently, but do not incur significant costs when they do occur C) are illegal in many states D) are a good replacement for outdated medical expense policies O

Financial arguments for the MD to improve health and safety 7 What financial arguments could you use to convince the MD that health and safety needs to be improved

How do economic factors influence healthcare policy decisions and outcomes?l am not satisfy give downvote