Ch.16_Short Term Financing_Inst

Ch.16_Short Term Financing_Inst - Module 2: Corporate...

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1 Module 2: Corporate Finance
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2 CHAPTER 16 Current Asset Management and Financing Revenue cycle and supply chain (inventory) management Short-term financing
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3 Learning Objectives Define and explain the revenue cycle Name and calculate the cost of different sources of short-term financing Define and explain the two methods of accounts receivable financing
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4 The Revenue Cycle Activities associated with billing and collecting for services Revenue cycle management Patients properly categorized insurance; primary payer; what is done Correct billing takes place Correct payment is received Maximize reimbursement and collections.
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5 The Revenue Cycle Activities Preinsurance verification Patient precertification (if needed) Preservice patient financial counseling Reverification at time of service Third-party claim submission Claim follow-up (if needed) Payment receipt and posting
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Supply Chain (Inventory) Management Goal - meet operational needs at the lowest cost Inventories consist of base stocks plus
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This note was uploaded on 02/24/2010 for the course HPM 340 taught by Professor Reiter during the Spring '10 term at UNC.

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Ch.16_Short Term Financing_Inst - Module 2: Corporate...

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