Finance Management

Read the case study below, and then explain what you would include in your lessons to Going & Broke Physician Practice.

The financial documents of Going & Broke Physician Practice demonstrate an outstanding Accounts Receivable of $500,000, with an average AR of 115 days. You have been hired to teach the group ‘complete clean claim billing’.

Identify the key components (cash flow, demographics, data entry, collection of copays, clean claims, eligibility verifications, claims to follow up) of the situation presented in the case study, using your textbooks and other sources
Explain how you would handle this situation.
Site any resources used for your paper using APA format.

Your paper should be a minimum of 2 pages and written in APA format (typed, double-spaced, size 12 font, 1 inch margins).

View the Case Study 1 Rubric for complete grading details. Note that late papers will be deducted 5 points for each day late. No points will be awarded after 7 days.

Program Outcomes

Demonstrate knowledge of procedural and diagnostic coding
Apply basic billing and coding knowledge necessary to complete clean claim billing.

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