The writer is very fast, professional and responded to the review request fast also. Thank you.
Book/movie review
22/08/2022
HSA 525 Health Financial Management
Assignment Exercise 4-1: Contractual Allowances
Physician office revenue for visit code 99214 has a full established rate of $72.00. Of ten different payers, there are nine different contracted rates, as follows:
Payer Contracted Rate
FHP $35.70
HPHP 58.85
MC 54.90
UND 60.40
CCN 70.20
MO 70.75
CGN 10.00
PRU 54.90
PHCS 50.00
ANA 45.00
For each payer, compute the contractual allowance.
Assignment Exercise 4-2 Revenue Sources and Grouping Revenue
The Metropolis Health System has revenue sources from operations, donations, and interest income. The revenue from operations is primarily received for services. MHS groups its revenue
first by cost center. Within each cost center the services revenue is then grouped by payer.
For each of the six situations, indicate its number(1 through 6). Then place and X in the column(s) that represent the correct revenue source(s) for the item. The six situations are:
(1) ICU stay billed to employee’s insurance program.-
(2) Lab test paid for by an individual.-
(3) Pathology work performed for the state.-
(4) ICU stay billed to member’s health plan.-
(5) ICU stay billed for Medicare beneficiary.-
(6) Series of allergy tests run for eligible Medicaid beneficiary.-
Medicare Medicaid Other Public Patients Commercial Managed
Programs Insurance Care Contracts
(1)
(2)
(3)
(4)
(5)
(6)
Assignment Exercise 5-1 Grouping Expenses by Cost Center
The Metropolis Health System’s Rehabilitation and Wellness centre offers outpatient therapy and return-to-work services plus cardiac and pulmonary rehabilitation to get people back to a normal way of living. The Rehabilitation and Wellness Center expenses include the following:
· Nursing Salaries
· Physical Therapist Salaries
· Occupational Therapist Salaries
· Cardiac Rehab Salaries
· Patient Education Coordinator Salary
· Nursing Supplies
· Physical Therapist Supplies
· Occupational Therapist Supplies
· Cardiac Rehab Supplies
· Pulmonary Rehab Supplies
· Training Supplies
· Clerical Office Supplies
· Employee Education
Decide how many cost centers should be used for the above expenses at the Center and where each expense should be located.
Assignment Exercise 5-2
Find a listing of expenses by diagnosis or by procedure. The source of the list can be internal or external. Comment upon whether you believe the expense grouping used is appropriate. Would you have grouped the expenses in another way?
The writer is very fast, professional and responded to the review request fast also. Thank you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more