HS 440 Finance for Health Care Unit 2 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/aIDressed in this Assignment:
HS440-1: Describe the current financial environment in healthcare and its influence on decision
HS440-2: Describe international standard diagnosis classification use in the US health care
reimbursement and billing system.
GEL 1.1: Demonstrate college-level communication through the composition of original
materials in Standard American English.
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
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.
RequirementsThis report should be no less than 5 total pages in length, including the title page
and separate reference page. The body of this report should be no less than
three full body pages.Follow APA formatting for the title and reference page, as well as APA formatting
within the paper itself (Times New Roman 12-point font and properly double
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.Submitting Your Work
For directions on how to submit your work and review your graded assignments, refer to the
Dropbox Guide found on the Academic Tools tab. Make sure that you save a copy of your
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
reimbursementReport concludes with a description of how to ensure proper
coding to facilitate prompt reimbursement