Final_Project__Analysis_and_Report.docx Final Project: Analysis and Report Southern New Hampshire University I. Introduction As a healthcare administrator, we must prepare for many strategies within the healthcare
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Final_Project__Analysis_and_Report.docx Final Project: Analysis and Report Southern New Hampshire University I. Introduction As a healthcare administrator, we must prepare for many strategies within the healthcare industry. First, we must know the industry's ins and outs and understand business operations, payment methods, reporting requirements, compliance guidelines, and reimbursement guidelines. This paper will show you how healthcare organizations deal with financial stability daily with topics regarding reimbursement strategies that deal with account receivables, financial management, and compliance regarding federal and state laws and regulations. Furthermore, explain the differences within different insurances from government plans, commercial, privates, and self-service. And how they affect an organization's revenue/ profit. And what necessary steps will help avoid mistakes in the organization that can potentially cause sufficient revenue loss. Lastly, recommend strategies that can increase reimbursements and training techniques to help an organization move forward. II. Financial Principles and Reimbursement Reimbursement Strategies Healthcare has a fixed economic pressure due to the increase in healthcare demand. One of the financial incentives structures is pay-for-performance, which improves efficiency and quality using pay-for-performance (P4P), an example of a financial incentive that gathers payment to measure performance (Allen & Mason, 2014). P4P aims to establish a connection with a grou. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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