I’m studying for my Health & Medical class and need an explanation.
1:
- Develop a 10-slide PowerPoint presentation with accompanying 10 to 20 minutes of audio targeted at educating new hires at a health care organization about the revenue-cycle process.IntroductionThe financial health of the health care organization depends upon its ability to generate consistent and recurring funds from the services it provides. Collectively referred to as the revenue cycle (RCM), critical stages in this process include:
- Patient registration.
- Collection of demographics and payor source.
- Rendering services.
- Documenting services.
- Establishing charges.
- Preparing the claim or bill.
- Submitting the claim.
- Receiving payment.
- Managing accounts receivable.
- Competency 3: Explain the organizational revenue cycle process.
- Identify key steps of the revenue cycle process.
- Explain the purpose of each identified step in the revenue cycle process.
- Describe key components of each function in the revenue cycle process.
- Explain the consequences of failing to conduct the function identified.
- Explain additional steps and challenges in the revenue cycle process when working with an uninsured patient.
- Competency 4: Communicate in a manner that is scholarly, professional, and respectful of the diversity, dignity, and integrity of others and is consistent with health care professionals.
- Demonstrate effective communication through writing and proper use of APA style with no significant errors, and supports analysis and recommendations with appropriate current literature.
- The revenue cycle process.
- Their potential responsibilities.
- Why the process is important to a care organization.
- Challenges that they may face in their work.
- Identify the various steps within the revenue cycle process, including admissions, case management, documentation, coding, billing, et cetera.
- Provide the following for each step identified:
- Purpose of the step identified.
- Responsible functions completed by individuals, such as coders, registration clerk, et cetera.
- Key components of the function, such as verifying insurance, financial counseling, or coding of documented services provided.
- Consequences of failure to properly conduct the function identified.
- Provide information for the new staff regarding options available for the uninsured.
- Identify any additional steps throughout the revenue cycle one must be aware of when working with an uninsured patient.
- Identify the challenges that exist for the revenue cycle due to the delivery of uncompensated care.
- Communication: Communicate in a manner that is scholarly, professional, respectful, and consistent with expectations for professional practice in education. Original work and critical thinking are required regarding your assessment and scholarly writing. Your writing must be free of errors that detract from the overall message.
- Media presentation: Create 10 slides you would present in 10 to 20 minutes, plus an APA-formatted Reference slide at the end of the presentation.
- Resources: Cite at least three scholarly resources.
- Your textbook can be one of the three.
- APA guidelines: Use APA style for references and citations. When appropriate, use APA-formatted headings. For more information, refer to the APA resources located in the courseroom navigation panel.
- Font and font size: Times New Roman, using appropriate size and weight for a presentation, generally 24–28 points for headings and no smaller than 18 points for bullet-point text.
2:- Develop a two-page memo to help relevant stakeholders at Vila Health’s St. Anthony Medical center better understand traditional and emerging reimbursement models.IntroductionNote: This assessment uses the following media piece as the context for developing the reimbursement model memo. Review this media piece before you submit your assessment.Basic understanding of the reimbursement system requires one to appreciate the size and scope of the system, the complexities associated with the system, and the various subsystems and payment rules associated with health care reimbursement and finance. As a dominant player in the health care sector, the U.S. federal government is the largest single payer for health care services. As a result of its size and dominance within the system, any changes made by the federal government regarding its reimbursement of health services profoundly affect those who are rendering the care, including providers, other payers, and the health system overall. In addition to government-sponsored health insurance, various other forms of health coverage, generally tied to employment as a benefit, were introduced in the United States to help offset the expenses associated with the treatment of illness and injury.In an effort to address concerns within the U.S. health system regarding cost, access, and quality, Congress passed the Patient Protection and Affordable Care Act (PPACA or ACA) in 2010, with President Barack Obama signing it into law. Components of the PPACA included making health insurance coverage affordable, expanding Medicaid coverage, and improving quality while controlling costs. To this end, the ACA required the Centers for Medicare and Medicaid (CMS) to promote the concept of the accountable care organization (ACO) through a shared savings plan driven by a triple-aim approach. In addition to the ACO, the ACA required CMS to implement value-based purchasing programs that would reward hospitals for the quality of care they provided to enrollees.As the recipient of the largest share of Medicare funds, the new value-based purchasing approach measures hospital performance using four domains:
- Clinical care.
- Safety.
- Efficiency and cost reduction.
- Patient experience of care (Casto & Forrestal, 2015, p. 305).
- Competency 1: Compare current trends and traditional methods of payment in the health care industry.
- Describe traditional payment methods in health care, such as fee-for-service or capitated payment.
- Describe current trends in health care payment, such as value-based or accountable care organizations.
- Describe the difference in reimbursement between traditional and newer models of reimbursement in a specific patient scenario.
- Competency 2: Assess health care reimbursement.
- Compare and contrast how quality outcomes are rewarded under traditional and current payment methodologies in health care.
- Explain reasoning for newer models of reimbursement in health care.
- Identify quality concerns affecting reimbursement given a specific patient scenario.
- Competency 4: Communicate in a manner that is scholarly, professional, and respectful of the diversity, dignity, and integrity of others and is consistent with health care professionals.
- Demonstrate effective communication through writing and proper use of APA style with no significant errors, and supports analysis and recommendations with appropriate current literature.
- What are the key characteristics of these reimbursement models?
- How was quality monitored under these models?
- How was quality rewarded under these models?
- What are the key characteristics of these reimbursement models?
- How was quality monitored under these models?
- How was quality rewarded under these models?
- Structure: Structure your submission like a memo, with an additional, APA-style References page. You may wish to refer to the following example when developing your memo:
- Length: 1–2 pages, plus a References page.
- References: Cite at least three current scholarly or professional resources.
- Your textbook can be one of the three.
- Format: Use APA style for references and citations only. Refer to:
- APA Style Paper Template [DOCX].
- APA Style Paper Tutorial [DOCX].
- Additional APA resources located in the courseroom navigation panel.
- Font: Times New Roman, 12 point, double-spaced.