PART1: Responses should be around 150 words APA format with refrences.*
· Describe the difference between direct costs and variable costs. Consider how a healthcare manager might use this information in making decisions. How might you, as a healthcare manager use cost allocation method to assign costs to support activities to patient services?
PART 2: Follow APA formatting for the Title and Reference page, as well as APA formatting within the paper itself (Times New Roman 12-point font and properly double spaced).
The minimum page limit is 2 pages or 600 words.
The maximum page limit is 4 pages or 1200 words.
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:
· Describe the role of finance in the healthcare system.
· Describe the Diagnosis codes and how they are used, impacting reimbursement.
· Describe the features of third-party payers
· Explain the reimbursement methods used and the effects of coding on reimbursement.