Response to EACH question must be a minimum of 200 words:
1.List and briefly describe the most important areas of the healthcare revenue cycle.
2. Explain how to calculate the allowance for contractual adjustments in a hospital.
3. Explain how to calculate the allowance for doubtful accounts and the bad-debt expense in a hospital.
4. A key aspect of the Patient Protection and Affordable Care Act is rewarding hospitals for strong performance and penalizing them for quality issues, such as high infection rates and high readmission rates to the facility. Explain the details of how PPACA rewards and punishes hospitals for their performance.
Reference:
Berger, S. (2014). Fundamentals of health care financial management: A practical guide to fiscal issues and activities (4th ed.). San Francisco, CA: Jossey-Bass.