Billing_and_Coding_Case - BILLING AND CODING CASE Billing...

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BILLING AND CODING CASEBilling and Coding Case Vanessa N. Belton HA520 Financial Management for Health Care Professionals West Coast University Prof. Jayme Goodner May 2020 The ScenarioIn this exercise, I am the new Chief Financial Officer (CFO) at a community hospital. I
BILLING AND CODING CASE1am tasked with identifying the root cause of a reduction in revenue over the last three months. I have discovered a reduction of 15% compared to the prior year. When I encounter the former CFO, I decide to use her knowledge to assist me in attempting to identify and resolve the root cause and present my findings to the Chief Executive Officer (CEO). Upon her suggestion, I employ the assistance of the hospital Controller who compares the revenue and usage summary for the current and past year. Together, the Controller and I identify that a coding error is responsible for the reduction in revenue, especially in outpatient. We correctly identify what

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Term
Spring
Professor
N/A
Tags
Centers for Medicare and Medicaid Services, Management occupations, Chief Executive Officer, CFO

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