Although sometimes hard to think about, healthcare is a business. To stay in business, organizations providing healthcare services must manage their accounts receivable efficiently and effe
One
aspect of this assignment is learning how to consolidate and organize your paper, so it stays within the word
count limits. It is possible that additional pages will result in point deduction. You must show a word count.
The paper must be written and organized according to APA format; particularly, pay attention to citations and
references of research sources, and to the correspondence between citations in the text of your essay and references at
the end. It is expected that you will be using 10 different sources (minimum) that will include academic
publications, national/international databases, media/news reports, etc. The cover sheet, abstract page, and reference
pages do not count as part of the word count.
Paper Topic:
Although sometimes hard to think about, healthcare is a business. To stay in business, organizations providing
healthcare services must manage their accounts receivable efficiently and effectively. As future healthcare
administrators, it will be your responsibility to oversee this process to ensure there is enough revenue to continue
providing services to patients, and employment for your employees and yourself. The focus of this paper is the
impact a medical biller and coder has on accounts receivable.
Writing prompt: State your position (e.g., Chief Executive Officer (CEO), Chief Financial Officer (CFO),
administrator, etc.) in an identified healthcare organization (e.g., surgery center, medical practice, hospital, etc.,) and
take the standpoint that you just found out your company is in financial distress due to suspected insufficient accounts
receivable collections.
Discuss six steps that the medical billing and coding department can take to achieve improved accounts receivable.
Consider in your evaluation the impact on the company reputation which leads to repeat and referral business,
possible fraud which may lead to jail time as white-collar crime, employment/livelihood for your employees and their
families, how billing impacts the out-of-pocket expenses for patients which can produce financial ruin, and closure of
the facility
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