HS 440 Finance for Health Care Unit 2 Assignment Unit 2 Assignment: Third-Party Payers Unit outcomes addressed in this Assignment:List the features of third-party payers.Describe third-party payers.Explain reimbursement methods used by third-party payers.Explain the effects of coding on reimbursement.Course outcome assessed/addressed in this Assignment:HS440-1: Describe the current financial environment in healthcare and its influence on decisionmaking.HS440-2: Describe international standard diagnosis classification use in the US health carereimbursement and billing system.GEL 1.1: Demonstrate college-level communication through the composition of originalmaterials in Standard American English.InstructionsFor this Assignment, you will be writing a report to the Board of Directors of Health CareSystems, Inc. regarding the importance of proper coding in order to ensure promptreimbursement. In the report, the Board requires an introductory paragraph that shouldsummarize the role of finance in Health Care Systems, Inc., the primary users of the financialinformation, any associated legal or regulatory issues, and a brief statement on the legal form ofHealth Care Systems, Inc.The body of your report to the Board of Directors should include a detailed description of thefeatures of third-party payers, the reimbursement methods used, and the effects of coding onreimbursement.To conclude your report to the Board of Directors, summarize in a one paragraph conclusion thekey points of your report and include a final statement on how you, as the CFO, will ensureproper coding to facilitate prompt reimbursement in the future.RequirementsThis report should be no less than 5 total pages in length, including the title pageand separate reference page. The body of this report should be no less thanthree full body pages.Follow APA formatting for the title and reference page, as well as APA formattingwithin the paper itself (Times New Roman 12-point font and properly doublespaced).Information should be summarized in your own words with appropriate APAformatting and citation style of in-text citations in the body of the text toacknowledge 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.Submitting Your WorkFor directions on how to submit your work and review your graded assignments, refer to theDropbox Guide found on the Academic Tools tab. Make sure that you save a copy of yoursubmitted work.Unit 2 Assignment Grading Rubric = 175 points Assignment Requirements Report includes a description of the role of finance and legal andregulatory issues in health care. Report includes a description of third-party payers. Report includes a description of the affects of coding onreimbursement Report concludes with a description of how to ensure propercoding to facilitate prompt reimbursement
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