Write 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 reimbursement.

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.