Summarize a health care management scenario

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Reference no: EM13741198

Complete the worksheet below according to the following guidelines:

• In the space provided, write each term's definition as used in health care management. You must define the term in your own words.

• In the space provided after each term's definition, summarize a health care management scenario that illustrates the importance of the skill, concept, procedure, or tool to which the term refers. In the scenario, you may wish to consider the following:

o Why the skill, concept, procedure, or tool is necessary for accurate record keeping, operational efficiency, excellent patient services, employee management, regulatory compliance, reducing costs, forecasting, and so forth

o Successes enabled by an adequate understanding or appropriate application of the skill, concept, procedure, or tool

o Risks or failures associated with an inadequate understanding or inappropriate application of the skill, concept, procedure, or tool.

Worksheet

Term

Definition

Scenario

Balance sheet

 

 

Statement of revenue and expense

 

 

Revenue cycle

 

 

Payer mix

 

 

Revenue

 

 

Reference no: EM13741198

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