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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Financial Definitions and Variances,sus by date of such posting, etc. General definitions and assumptions of accounting will also be defined in this chapter. A general knowledge of these definitions is required so that you are able to understand the financial statements of your organization.

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Income Statement,tion will be discussed and then added to the income statement. For all financial statements, there is no standard template that all companies must use. Each company will design the layout of their statements as represented by their industry, profit status, and personal preferences.

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Statement of Cash Flows,pany generating enough cash to be viable and sustainable. The company generates a surplus of cash; then the organization can be considered viably stable if they generate more cash than they spend. In general there are three sections or activities in the statement of cash flows: .. People and groups

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Payment Methods,d, fee schedule, and others. Each of these payment methods is calculated in a different manner, and the effects upon payment to the provider will vary accordingly. This chapter will review the common methods of reimbursement to payers including hospitals, physicians, ancillary services, and other ty

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Corporation and Hospital Structures,nistrators should have a general understanding of these different businesses and hospital structures as they can affect every decision made in business in regard to the operations, regulations, income, and expenses of the business.