Question Details

(Solved) Determine a key difference between a fee-for-service plan and an episode of care payment plan, and indicate the plan that you believe to be most...


"Inflows and Revenue Management" Please respond to the following:

  • Determine a key difference between a fee-for-service plan and an episode of care payment plan, and indicate the plan that you believe to be most advantageous for the majority of patients. Provide support for your rationale.
  • * From the scenario, determine one (1) key factor that has a negative impact on revenue. Recommend a revenue strategy for the organization in the scenario to improve its 
  • revenue cycle management. Provide support for your recommendation.
  • do't sent to me this answers see att

i need a paragraph  for each answer

Determine a key difference between a fee-for-service plan and
an episode of care payment plan, and indicate the plan that
you believe to be most advantageous for the majority of
patients. Provide support for your rationale.
* From the scenario, determine one (1) key factor that has a
negative impact on revenue. Recommend a revenue strategy
for the organization in the scenario to improve its revenue cycle
management. Provide support for your recommendation. The key difference between a fee-for-service plan and an episode of care payment plan is the manner in
which the patient pays for services and the options that are available for receipt of care.
Fee for service reimburse physicians separately for each service or test that they provide based on the
usual and customary charges of physicians in the local area. Physicians that are paid on a fee-for-service
(FFS) basis have no financial risk for the care they provide or the patients that they see, so patients with
chronic illnesses or needs for specialist care or special services should have little problem getting the
care they require. Episode based payments covers all the care a patient receives in the course of
treatment for a specific illness, condition or medical event. In reviewing the scenario, one key factor that was a negative impact on revenue was
administrative errors in coding. Miscoding items can cause revenue reduction. I would
recommend checking and then re-check the diagnosis and prodedure codes. Using the wrong
diagnosis or procedure codes can be a big issue and cause claims to reject and not get paid. Also
make sure office staff is properly trained in the coding process and provide ongoing training a
purchasing and keeping new editions of coding books. But being proactive can avoid much
more costly errors in the future.
http://www.ncsl.org/research/health/episode-of-care-payments-health.aspx
http://www.m-scribe.com/blog/bid/291707/5-Tips-to-Help-Your-Practice-Avoid-Medical-BillingErrors

 


Solution details:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Sep 05, 2019

PRICE: $18

Solution~000200018049.zip (25.37 KB)

Buy this answer for only: $18

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free solution (Deadline assured. Flexible pricing. TurnItIn Report provided)

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Sep 05, 2019

EXPERT

Tutor

ANSWER RATING

GET INSTANT HELP/h4>

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN YOUR SET DEADLINE.

Order Now