Chat with us, powered by LiveChat Apply concepts of financial accounting within the health care industry. Reflection Reflect on the following in a minimum of 500 words: The Centers for M - Wridemy Essaydoers

Apply concepts of financial accounting within the health care industry. Reflection  Reflect on the following in a minimum of 500 words: The Centers for M

 Competency 2 

Apply concepts of financial accounting within the health care industry.

Reflection 

Reflect on the following in a minimum of 500 words:

  • The Centers for Medicare and Medicaid Services (CMS) implemented a new approach to reimbursement starting in 2011 called value-based purchasing. The goal was to reduce the amount of CMS payments overall and to tie patient satisfaction and quality goals to reimbursement. Has this shift in reimbursement strategy been successful? Why or why not?  
  • Health care organizations must opt in to accept payment from Medicare and Medicaid, and payment from private insurance companies usually requires a negotiated contract, with reduced reimbursement rates. What is the reimbursement strategy for your own organization? If this information isn’t available to you, research and explain 2 different reimbursement strategies. 

    This question was first posted at writedemy.com!

    Order this paper at writedemy.com

    Visit Writedemy.com Now!

    Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

    Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

    Do you need an answer to this or any other questions?