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A healthcare organization's revenue cycle depends on its ability to provide services to patients. Along with this, it is equally important that healthcare providers accurately
A healthcare organization's revenue cycle depends on its ability to provide services to patients. Along with this, it is equally important that healthcare providers accurately charge for services rendered. In other words, capturing what, when, where, how, why, and who received the service produces the revenue. In your initial post, Define the two key elements in historical cost reimbursement (reasonable cost and apportionment); additionally, provide two applicable examples. Discuss the relationship between charge capture, charge entry, and charge master. Compare and contrast the five major payment units (historical cost reimbursement, specific services, fee schedules, capitated rates, and bundled services)
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