For this Assignment, you will be writing a report to the Board of Directors of Health Care Systems, Inc. regarding the importance of proper coding in order to ensure prompt reimbursement.
In the report, the Board requires an introductory paragraph that should summarize the role of finance in Health Care Systems, Inc., the primary users of the financial information, any associated legal or regulatory issues, and a brief statement on the legal form of Health Care Systems, Inc.
The body of your report to the Board of Directors should include a detailed description of the features of third-party payers, the reimbursement methods used, and the effects of coding on reimbursement.
To conclude your report to the Board of Directors, summarize in a one paragraph conclusion the key points of your report and include a final statement on how you, as the CFO, will ensure proper coding to facilitate prompt reimbursement in the future.
Assignment Requirements
Report includes a description of the role of finance and legal and regulatory issues in health care.
Report includes a description of third-party payers.
Report includes a description of the affects of coding on reimbursement
Report concludes with a description of how to ensure proper coding to facilitate prompt reimbursement
Report identifies the users of financial information and the role of finance in decision-making.
This report should be no less than 3 total pages in length.
Times New Roman 12-point font and properly double spaced
Information should be summarized in your own words with appropriate APA formatting and citation style of in-text citations in the body of the text to acknowledge the source(s) of information.
Follow the conventions of Standard American English (correct grammar, sentence structure, punctuation, etc.)
Your work should display superior content, organization, style, and mechanics.