How do procedure codes affect wrong payment issues

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Assignment:

Acting as the Chief Financial Officer at a community hospital, you discover that there has been a reduction in revenue reported over the last three months. You must determine the source of this reduction and devise a strategy to address the problem.

  1. How do regulatory issues in the healthcare industry affect pricing challenges?
  2. Explain what bundled HCPCS payments mean.
  3. How does a charge master work?
  4. How do procedure codes affect wrong payment issues?
  5. Why does Medicare require procedure and DRG information with the payment?
  6. How does claims editing work?
  7. How does the revenue cycle directly relate to coding errors?
  8. How does coding relate to claim generation?

Please include references.

Reference no: EM133586330

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