Healthcare

Critical Areas of RCM

Critical Areas of RCM Revenue cycle management is a critical tool for the survival and growth of a healthcare institution. It ensures that services rendered are successfully converted into revenue. According to Manley and Satiani (2009), the main aspects of RCM include; payer contracting, appointment scheduling, registration process, capturing charges, billing patients and payers, and

Critical Areas of RCM Read More »

Strategic Planning in Health Care Organizations

Strategic Planning in Health Care Organizations The healthcare industry is evolving at an unprecedented rate. The industry is too complex and confusing for many people to comprehend. Technological advancements, change in government policies, ageing population and evolution in service structure brings uncertainty to this industry. This requires healthcare organizations to effectively plan strategies to improve

Strategic Planning in Health Care Organizations Read More »

Financial Challenges Facing Physician Reimbursement

Financial Challenges Facing Physician Reimbursement The major challenge facing physicians is getting paid for the work they do. Healthcare sector has undergone tremendous development in terms of reimbursement models. There has been a shift from fee-for-service models to the current value-based reimbursement models. Physicians are likely to experience hassles in getting payment from health insurers

Financial Challenges Facing Physician Reimbursement Read More »

Health Information Systems

Health Information Systems A1. Advantages and Disadvantages of a System   Health information systems (HIS) usability is the consistency and satisfaction that individual users attain when using a network to execute tasks in a particular environment (Khajouei, Zahiri Esfahani & Jahani, 2017). The main advantage is that the physician’s ease of documentation and understanding of technical

Health Information Systems Read More »

Defensive Medicine

Defensive Medicine 1.2 trillion U.S. dollars has been attributed to wasteful healthcare spending in the U.S. Most physicians and healthcare reformists claim that defensive medicine, where physicians order procedures and tests in order to avoid malpractice lawsuits instead of advancing patient diagnosis, is attributed to said unnecessary healthcare expenditure. The paper identified aims at quantifying

Defensive Medicine Read More »