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Essay On Healthcare Reimbursement

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Healthcare reimbursement plans are an employer-funded, tax advantaged health benefit plan that allows companies to reimburse employees for their medical expenses. This plan is not health insurance, but it is a way to provide an allowance to employees that they can use on their medical expenses. Nurse practitioners must be fiscally responsible to obtain reimbursement for provided services. In order to accomplish this goal knowledge of the reimbursement process is required.
A physician can maximize reimbursement through improving charting and documentation. They can do this by avoiding EHR shortcuts. Although this feature may be viewed as a time saver, progress notes are crucial to clearly supporting continued hospitalization reasons. Some codes are time based and require precise documentation of time. Make sure each …show more content…

The complication and comorbidities are then defined as “standard” or “major”. The greater the severity means a greater level of care, which usually means a greater reimbursement. If the records are unclear regarding the degree of the condition, the coder may not be able to capture the code that will yield a higher reimbursement.
Physician reimbursement and coding to support it are critically important to the sustained health of any physicians practice. They can also maximize reimbursement through scheduling patient visits, and scheduling procedures. When it comes to patient scheduling it is one of the most important operational systems in your practice for the delivery of care, staff physician, and patient satisfaction, and also for family profitability. Some ways to improve ones scheduling process would be to prioritize complex visits, create organized triage, manage calls, work toward open access, and use quick

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