Claims processing case study analysis

Assignment Help Business Management
Reference no: EM132902279

Assignment: Claims Processing Case Study Analysis

Correct claims processing is vital to the financial security of a healthcare facility. Errors in processing claims can lead to denial, underpayment, or overpayment of services rendered. All of these can have an immediate or future negative impact on healthcare providers and suppliers. We can see this happening in the example of Mosaic Internal Medicine in this week's Introduction. There are many rules and regulations that make claims processing complex and susceptible to error.

In this Assignment, you examine a case study involving claims processing for services covered by Medicare. You will propose a plan of action that outlines how claims processing can be improved between Medicare contractors and healthcare organizations to avoid future claim errors.

To prepare for this Assignment:

  • Read the document, "Case 3: Claims Processing," foundin this week's Learning Resources.
  • Consider how data shown on healthcare claims are used when issuing payment for services rendered.
  • Imagine you are in the role of executive for Wisconsin Physician Service (WPS) Insurance Corporation.

 

After reading the case study thoroughly from the perspective of the executive, respond to the following:

  • Propose a plan of action to the Board of Directors outlining a response to the Office of the Inspector General (OIG).
  • Recommend at least one suggestion for how the process between WPS and CMS (Centers for Medicare and Medicaid Services) could be improved.

Provide specific examples in your paper. Support your post with the Learning Resources and at least one outside scholarly source.

Reference no: EM132902279

Questions Cloud

Prepare the shareholder equity section of the statement : Prepare the shareholder's equity section of the statement of financial position as at December 31, 2020. Share Premium 325, 000.00.
Calculate the annual compound growth rate of the house price : Calculate the annual compound growth rate of the house price since the house was sold to Mark and Ann Kington (since 2000) until the house was sold
Current ethical challenge in health care : What is a current ethical challenge in health care? How would you respond to this challenge as a health care manager?
Long-term impact of this walmart policies : Consider including the long-term impact of this Walmart's policies on the key stakeholders and how this affects the profitability of the Walmart in a positive m
Claims processing case study analysis : Correct claims processing is vital to the financial security of a healthcare facility. Errors in processing claims can lead to denial, underpayment, or overpaym
Explain two duty of care considerations the fsp should have : Explain 2 duty of care considerations the FSP should have displayed in assessing the applicants' capacity. (Explain compliance issues relating to)
Generate returns that exceeds firm cost of capital : Explain why a company's project should always generate returns that exceeds the firm's cost of capital used to finance the project?
Why asic requires afs licensees to nominate : Explain Two reasons why ASIC requires AFS Licensees to nominate Responsible Officers, and Three qualifications that are needed to fulfil obligations
Perception of supply chain management : How did self-driving technology impact your perception of supply chain management?

Reviews

Write a Review

Business Management Questions & Answers

  Import substituting industrialisation

"Import substituting industrialisation is the suitable policy for developing countries". Critically analyse the statement

  Emotional intelligence

Discuss EI and it components to demonstrate your understanding. Assess why and how the company's leadership can improve it's EI skills.

  Optimizing the french fries supply chain

Case: MacDonald's India: Optimizing the French Fries Supply Chain 1) What were the problems in the initial attempts by McDonald's India

  Understand the level of competitive advantage

Explain the role and importance of these three variables in the creation of strategic goals.

  Fundamentals of human resource management

In Chapter 11 of Fundamentals of Human Resource Management, the text discusses the process people often go through as dissatisfaction sours their commitment to the organization or their job. For this discussion, choose one of these options as a re..

  Identify two examples of government intervention

Identify two examples of government intervention that the world has experienced in the last 10 years.

  Law affect sustainable competitive advantage

How can Moore's law affect sustainable competitive advantage? Not sure because everyone has the same advantage.

  Write the objective function and the constraints

Formulate an LP to maximize their profit. (Define decision variables and write the objective function and the constraints).

  Equilibrium level of unemployment and draw a graph

Suppose there is a labor market with a demand curve for labor given by Qd= 10 -W and a supply curve for labor given by Qs= W, where W is the wage rate. a. Using algebra calculate the equilibrium wage rate and the equilibrium level of unemployment and..

  Can someone guide me to the right direction with this

How many variables can you have in C# active at the same time? What is the upper limit?

  Utilitarian and categorical imperative ethical theories

Using both the Utilitarian and Categorical Imperative ethical theories, please analyze the situation and come to a decision, as the CEO.

  Strategic planning process within quicken loans

Discuss the PEST technique with respect to at least one each of the political, economic, social, and technical factors. Explain how this knowledge could be used in the strategic planning process within Quicken Loans.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd