codes, identify missing diagnosis, and query physicians and other healthcare providers for more specifics so documentation accurately reflects the patient’s severity of illness (Cassano, 2014). Health Information Management (HIM) professionals advocate for a strong commitment to accurate and timely clinical documentation as hospital initiatives push forward with programs such as ICD-10-CM/PCS implementation, Accountable Care Organizations reimbursement models, Fraud and Abuse compliance programs
Words: 1416 - Pages: 6
prospective payment system for acute care hospital inpatient reimbursement was enacted under the social security amendments of 1983. DRG sets the predetermined reimbursement amount they group together principal diagnoses that should have similar amounts in hospital resources in the care of delivery. The kind of cases DRG classifies is determined by the amount of reimbursements, there are other factors that can cause a change in reimbursements for the same DRG. It is also stated that DRG based rates
Words: 762 - Pages: 4
org/about-cleveland-clinic/overview/financial-information.aspx 1. As reimbursement is moving in the fee for service direction and patient satisfaction playing heavily in the reimbursement amount in the future, is the payer mix strong enough to survive the full enactment of the Affordable Care Act? The Cleveland Clinic has a mix of Medicare/Medicaid, private insurance, self-paying, and charity care currently. 2. Case mix management is based on the idea that protocols are set to treat certain
Words: 262 - Pages: 2
* Private Practice Lactation Consultant Business Plan * * * * * * * * * * * * * * Executive summary Breastfeeding is not only a lifestyle choice but also an important health care choice. Any amount of time that a mother can do it will help both her and the baby. Many benefits of breast milk are noted for mothers, babies, and others. Breast milk has disease-fighting cells called antibodies that help protect
Words: 3265 - Pages: 14
coverage provisions take effect in 2014. Providers will experience an increased burden in many aspects of their medical profession including new legal practicing liabilities, less autonomy, administrative encumbrances, shortages of primary care physicians, and political infringement (Horton, Hollier 2012). The provider is to maintain high quality of care while the ACA’s agenda is cost and quantity over quality. The Affordable Care Act is the largest piece of legislative reform in American
Words: 4064 - Pages: 17
Financial Resource Management and Healthcare Reimbursement Part A Fee for service (indemnity) plans The indemnity plans or fee for service plans allows the owner to seek services from any health care provider. The members of this particular plan do not to limit themselves to either physicians or hospitals under a single network. Under the indemnity plan, the medical bill incurred by the users is sent directly to the health insurance company where a portion of the expenses is paid (LaTour, Maki
Words: 1164 - Pages: 5
Financial Resource Management and Healthcare Reimbursement Name Institution Financial Resource Management and Healthcare Reimbursement Part A Fee for service (indemnity) plans The indemnity plans or fee for service plans allows the owner to seek services from any health care provider. The members of this particular plan do not to limit themselves to either physicians or hospitals under a single network. Under the indemnity plan, the medical bill incurred by the users is sent directly to the
Words: 1176 - Pages: 5
smaller (generally $250 million or less), with easy financing and fewer obstacles than in larger transactions among the leading drivers, according to the poll. (Shinkman 2013) Some of the features of the ACA that are driving this M&A growth are reimbursement adjustments and broader benefit coverage, “causing profit and not-for-profit hospitals to re-evaluate current operations models and explore
Words: 2074 - Pages: 9
population. This paper will focus on why fraud and abuse occurs, different types of fraud, example cases of fraud and abuse, impact to present day healthcare industry, and potential solutions to fixing and preventing fraud and abuse from occurring. According to Hawaii Medical Service Association (HMSA), “Health care fraud occurs when a person or business intentionally misrepresents facts to receive reimbursement for health care services or supplies. It is a criminal offense under state and federal laws
Words: 4007 - Pages: 17
ASSIGNMENT 2 HSA 500 FINANCING AND STRUCTURING HEALTHCARE JULIUS AKINGBEHIN JANUARY 28, 2012
Words: 1264 - Pages: 6