Question
1. What portions of the financial statements are most impacted by HIM functions? need two example how the answer should be : the HIM function
1. What portions of the financial statements are most impacted by HIM functions? need two
example how the answer should be : the HIM function of Coding can positively or negatively impact cash flow because hospitals are reimbursed for inpatients based on how the medical conditions are coded.
2. Why is it important for a health informatics or information professional to understand a financial statement?
{when answering this question, keep in mind how coding can impact Cash on the financial statements. If a claim is under-coded (severity of the patients condition is not accurately coded to represent how sick the patient is) the hospital may lose money it is entitled too. If a claim is over-coded, (severity of patients illness reflected by coding is not supported by documentation in the medical record) the hospital may be paid more than it should}
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started