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Titlebook: Medicine and Business; A Practitioner‘s Gui Ronald V. Bucci Book 2014 Springer International Publishing Switzerland 2014 billing and reimbu

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Statement of Cash Flows,nt in the balance sheet. It was added as a requirement with the income statement and the balance sheet in 1988 as required financial documents for all businesses by the US Security and Exchange Commission. The statement shows the change of actual cash flow in a company over a period of time. As we d
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Financial Ratios,ics in order to evaluate how your company is performing financially. These ratios can be used to compare against your previous periods, against other businesses within your business sector, or against benchmarks provided by organizations and companies. Being in the medical business, you’re already u
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Managed Care,crease access, and increase quality of care. The goal is to achieve efficiencies in the delivery of healthcare services, control utilization of medical services, and negotiate the price of services with providers. Managed care has been a growing system in our country for over 30 years and has been t
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Payment Methods, of the medical plan, it is defined as a third-party reimbursement or third-party payment. This chapter will discuss the different methods and types of payments by private insurers, public insurers, and managed care organizations. A clear understanding of how payments to providers is made can help t
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Corporation and Hospital Structures,be formed, and each type of structure has a different purpose and ramifications related to ownership, taxes, and liabilities for the owners of the corporation. General business structures can be personally owned, a legal corporation, or a partnership. Hospitals are business corporations and can be s
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Medical Business Law and Regulations,e healthcare business. Violations of some of these laws can result in criminal penalties, civil fines, exclusion from federal and state healthcare programs, loss of hospital privileges, or loss of a medical license from the state medical board. Some of the more significant fraud and abuse laws are t
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New Government Initiatives,lthcare services are accessed, managed, and paid for. Health records and protection of individual health records have also seen legislation passed. Also, further changes to patient record keeping and billing, coding of medical records, and the electronic storage of these records are occurring. This
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