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Your first task is to post your own Key Assignment Outline to the discussion area so that other students are able to review your plan.
The purpose of this assignment is to help improve the quality of the Key Assignment Draft you will complete next week. Healing Hands Hospital is preparing financially for the many different reimbursement changes associated with Medicare Advantage Plans. You and your financial team have been asked to evaluate your current billing and operations workflow processes to incorporate the current trends.
Submit a 700-word paper outlining the financial trends for Healing Hands Hospital's chief financial officer and team, and include the following:
Average length of stay and its impact on the organization's budget
Patient satisfaction and reimbursement opportunities
Re-admission rates and their effect on reimbursements Include a minimum of 3 outside sources, and be sure to document your references using APA format.
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Medicare advantage plans and many other medical reimbursement plans are linked to the quality of health care and patient satisfaction issues. Hence it is fundamental concern of any financial plan to uplift these issues for betterment of the reimbursements to the hospitals. The current report is the financial trends related to LOS, Quality of health care and readmissions in Healing Hands hospital. The discussion is presented in the form of outline for consideration in the context of LOS, patient satisfaction and readmission rate.
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