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What role does it play in the revenue cycle process

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Reference no: EM133629574

Assignment:

  1. Why should a provider contract with an MCO? What terms should be included in the contract with the MCO? Examples include timely payments, appeals, and denial management-but we encourage you to come up with more of your own!
  2. What reasons can you identify as to why a health care organization would want to renegotiate its contracts?
  3. What would be the implications for a provider should they decide not to contract with the MCO you have chosen? Examples could include loss of reimbursements, dissatisfied patients, and delayed payments-but we encourage you to come up with more of your own!
  4. Describe one technological innovation in Revenue Cycle, such as electronic health record (EHR), billing software, or estimator tools. What role does it play in the revenue cycle process?
  5. What are some potential drawbacks to an organization not using the latest technology in its reimbursement process? Examples include delayed reimbursements, improper coding, and reduced reimbursements-but we encourage you to come up with more of your own!

Reference no: EM133629574

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