Assignment: Impact of Coding in the Health Care Environment.
Explain cost classification, Explain the importance of proper cost allocation in healthcare organizations, Describe the difference between fee-for service and capitation reimbursement, Explain the impact of revenue and cost structure on risk in healthcare organizations
Course outcome assessed/Describe international standard diagnosis classification use in the US health care reimbursement and billing system.
• Describe the importance of proper coding in healthcare to ensure prompt reimbursement by answering the following questions:
o Describe the role of finance in the healthcare system.
o Describe the Diagnosis codes and how they are used, impacting reimbursement.
o Describe the features of third-party payers
o Explain the reimbursement methods used and the effects of coding on reimbursement
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.