Min 4 references
Min 2000 words
Starter questions for week three include the following optional points:
1. Because managed care plans, including Medicare Part C, pay a predetermined amount for each patient, how important are patient charges?
2. To negotiate a good reimbursement rate on a managed care contract, what must the provider know about his or her own costs?
3.What has caused the increasing profitability of managed care companies and insurance companies?
4. "In 2008, the American Hospital Association noted that the average net profitability of hospitals was 0 percent, a level of profitability that is most definitely not sustainable" (Boyd and Finman, 2010). What factors contribute to this statistic?
5.What has been the effect of the Medicare fraud and abuse statutes on the process of accounting for health care revenue?
6.What are the steps in the revenue cycle? Are they the same for all payers?
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