Reference no: EM132205072

This is a self-reflection task in which you have to provide a descriptive analysis of established billing and/or accounting systems, processes or guidelines within a health care business. Word limit at least 1000 words. Task information: a. The following assignment need not focus on any one practice, organisation or business. b. If you are currently employed in a health care business then you may structure your responses using examples from that employment; or you may respond using experiences from a previous employment, or a combination of one or more. c. If you are not employed then you can research a health care business of your choice to respond to each of the below headings and may use examples from personal and/or social experiences as relevant to the assessment task.( You can choose any practice you usually go to or any other you are familiar with) d. Please contact your teaching section if you are unsure of how to research an organisation to complete this assignment task. You may use each of these as a suggested heading within your essay. • Name and description of the health care practice • List different payment options that a business offers clients for their ease of payment and accessibility • List common payment barriers and flexible options provided by practice to best address those barriers • Name and provide details of a practice's billing and accounting software/system that support the billing and payment system If you don't have access to the health workplace , you can do the internet search and get sample of billing record or can develop an invoice that can be generated from the software being used in the practice. • Explain how this system will collect billing data, provide a sample record of billing or invoice document. • Provide a sample debt recovery policy or procedure you use within a business, if you do not have one, what you would develop that would cover debt recovery. • How do you monitor and adjust these policies for continuous improvement For e.g. including processes would you put in place to recover outstanding debts from patients who have now deceased? • Provide sources of information that a practice deals with on the subsidy payments • What systems has been put in place to ensure that doctors are complying with MBS requirements or charging correct item number to gain the Practice Incentive Payment(PIP). • Provide sample reports that provide information regarding the cash position and/or cash flow of a health care business.