Discuss the importance of stark ii to healthcare providers

Assignment Help Financial Management

Reference no: EM133845232

Assignment: Healthcare Financial Resource Management

I. Explain the activities of each step of the revenue cycle in the order they occur.

A. Describe the work of health information management (HIM) staff members during each step of the revenue cycle in which they would be involved.

B. Explain how coding and billing cycle processes impact healthcare organization revenue cycles.

C. Explain how the operating revenue impacts the revenue cycle.

II. Explain how to evaluate the financial condition of a healthcare organization by doing the following:

A. Explain how financial statements are reviewed for an organization to determine its profitability and risk.

B. Discuss factors that influence the financial viability of a healthcare organization.

III. Discuss how the financial decision-making process impacts the operations of a healthcare organization.

IV. Discuss how each of the following fraud and abuse regulations impact the financial decisions made by a healthcare organization:

1) Stark II

2) Anti-Kickback Statute

A. Discuss the importance of Stark II to healthcare providers.

B. Discuss the importance of the Anti-Kickback Statute to healthcare providers.

V. Analyze the factors that influence healthcare pricing in healthcare organizations.

VI. Discuss the relationship between financial planning and strategic planning.

A. Explain how a financial plan is developed.

1) Recommend how a HIM manager should interact with the finance department to ensure the efficacy of a financial plan.

VII. Explain the financial management control process, including budgeting and financial planning.

VIII. Acknowledge sources, using in-text citations and references, for content that is quoted, paraphrased, or summarized.

Reference no: EM133845232

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