Reference no: EM133333419

Assignment:

Scenario

LiveWell Healthcare System is recruiting a system Health Information Management (HIM) manager who will oversee the HIM finances for the system, which includes the hospital, a surgery center, and two medical office buildings. This is a fabulous opportunity for you that will not only use your management experience but also provide an exhilarating opportunity for growth. As a finalist in the interview process, you have been asked to make a presentation to the interview committee next Tuesday, but before going to the interview, you have been asked to prepare a financial management overview that will have two primary areas of focus.

Management of HIM Budgeting Process

Demonstration of Responsible Financial Resource Administration

You devise a plan for a spreadsheet that will cover:

• HIM management practices that contribute to budget requirements
• A sample payroll budget for the Continuous Documentation Integrity Unit
• A sample capital budget for new laptops in Continuous Documentation Integrity.

Next, you envision a presentation that will cover three major concepts:

• An analysis of human resource strategies for best practices in a record abstraction project.
• A summary of HIM's influence on the revenue cycle, and its contribution to the financial success of LiveWell.
• An examination of the impact of federal regulation HIPAA (as an external influence) on the financial success of ROI

Instructions

In a Microsoft Excel spreadsheet that will demonstrate your budgeting abilities. Include the following:

• A overview of practices that an HIM manager takes to maintain a successful budget.
• A payroll budget for CDI that has 2 CDI specialists, a CDI assistant and a part time CDI report analyst.
• Capital budget for laptops in the CDI unit which includes a pie chart for the total capital budget.
• Use reasonable numbers in the budget and create a professional pie chart that has a title and labels.

In a Microsoft PowerPoint presentation that includes the following:

• A staffing needs analysis for a record abstraction project of 5,000 office charts.
• Analysis of HIM's influence in the revenue cycle, and the connection of the revenue cycle to financial success at LiveWell.
• Assessment of how meeting federal HIPAA requirements in ROI impacts the financial success and challenge of the ROI function