There are many reimbursement methods that are utilized to

Reference no: EM13465640

There are many reimbursement methods that are utilized to reimburse physicians and facilities for the services and procedures that they provide to patients. A physician and the facility must keep track of the services and procedures that they are providing to the patients to bill out and receive the appropriate reimbursement. The chargemaster or charge description master (CDM) is the billing process that is used in all health care facilities, and it is updated yearly.

Focus your discussion on the following questions:

What are the consequences of not utilizing current codes and charges? Discuss how using last year's CDM will affect the current year's bottom line.
Will this create a positive or negative result for the health care facility? Explain your answer.
How can facilities ensure that the current CDM is used?

Reference no: EM13465640

Questions Cloud

Explain how and why migration is increasing globally write : globalization has caused extensive shifts in the mobility of people between countries. economics political shifts and

Write down a 1400- to 2100-word paper about : writenbspa 1400- to 2100-word paper about information-giving responses and the characteristics of interview

World health organization approves the use of ddt for : the use of ddt has been banned in the united states because of environmental damage and human health concerns. however

For those who possess some level of professional or : read debate time below and in a 500 to 750 word paper answer the following questions1. when is power useful?2. when is

There are many reimbursement methods that are utilized to : there are many reimbursement methods that are utilized to reimburse physicians and facilities for the services and

When you view tv commercial which shows big juicy hamburger : your stomach naturally prepares to digest food when you eat stomach churns and produces acid. when you view a tv

Write down a 1000- to 1500-word paper explaining the : write a 1000- to 1500-word paper describing the importance of policies and standards for maintaining information

Summarize key information and ideas as you read the : summarize key information and ideas as you read the articles that pertain to these two situations.3. identify the

What significant organizational activities enable a firm to : what important organizational activities enable a firm to build quality into its products? explain each of these along

User Account

All Pages