Health Care RCM Solution

Health Care RCM Solution

The regulatory and financial pressures facing healthcare providers, facilities, and payers require timely and accurate medical claim form handling. Payers are demanding an ever-increasing amount of documentation for each claim, and the ICD-10 phase-in along with standards such as the HIPAA 275 will create even greater complexity. This added complexity will further hinder health care delivery services-related cash flow. HIS Applications such as Revenue Cycle Management (RCM) Solutions provide a critical component in optimizing and managing cash flow. There are many vendors marketing RCM Solutions to the health care vertical. Read Chapter 18 download link: https://drive.google.com/file/d/0Bzr8Y46N15sBM0tnUE16OXNJVjQ/view?usp=sharing

1. Write 1 introduction paragraph (4 sentences).

2. In 1 paragraph (5 sentences or more), identify 2 vendor/product RCM solutions for a group medical practice; identify 2 vendor/product RCM solutions for a local community hospital; and identify 2 vendor/product RCM solutions for a large hospital system.

3. In 1 paragraph (5 sentences or more), explain the 4 variables (Complexity; Cost for implementation and maintenance; Information technology (IT) considerations such as database used; Ability to integrate to other third party systems) that are used to analyze the vendor/product RCM solutions.

4. In 1 paragraph (5 sentences or more), explain the similarities of the 4 variables (Complexity; Cost for implementation and maintenance; IT considerations such as database used; Ability to integrate to other third party systems) for each of the vendor/product RCM solutions of a group medical practice, a local community hospital, and a large hospital system.

5. In 1 paragraph (5 sentences or more), explain the differences of the 4 variables (Complexity; Cost for implementation and maintenance; IT considerations such as database used; Ability to integrate to other third party systems) for each of the vendor/product RCM solutions of a group medical practice, a local community hospital, and a large hospital system.

6. In 1 paragraph (5 sentences or more), identify and explain an optimal recommendation for a vendor/product RCM solution of a group medical practice, a local community hospital, and a large hospital system.

7. Write 1 conclusion paragraph (4 sentences). Note: Do not plagiarize. You can research on the Internet or books/journals & you can add additional references.

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