Strategic Financial Planning in Healthcare

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A. Explain the activities of each step of the revenue cycle in the order they occur.

1. Describe the work of health information management (HIM) staff members during each step of the revenue cycle in which they would be involved.

2. Explain how coding and billing cycle processes impact healthcare organization revenue cycles.

3. Explain how the operating revenue impacts the revenue cycle.

B. Explain how to evaluate the financial condition of a healthcare organization.

1. Explain how financial statements are reviewed for an organization to determine its profitability and risk.

2. Discuss factors that influence the financial viability of a healthcare organization.

C. Discuss how the financial decision-making process impacts the operations of a healthcare organization.

D. Discuss how each of the following Fraud & Abuse regulations impact the financial decisions made by a healthcare organization:

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