Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Innovations in technology have impacted every aspect of health care from the way in which patients seek their providers to how organizations market themselves, and
Innovations in technology have impacted every aspect of health care from the way in which patients seek their providers to how organizations market themselves, and the way claims are submitted to insurance companies for payment. Many of the nonclinical innovations focus on data collection and using the data for meaningful purposes including billing and revenue cycle.
For this discussion, identify a technological innovation such as electronic health record, billing software, or estimator tool and address the following:
- Describe the technological innovation you selected.
- What role does it play in the revenue cycle process?
- Outline the process prior to the innovation.
- What are the implications for reimbursement for organizations not utilizing this innovation? (Examples: delayed reimbursement; improper coding; reduced reimbursements; etc.)
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