Why are medical records a critical department?
St. Luke’s Convalescent Center has $200,000 in surplus funds that it wishes to invest in marketable securities. If transaction costs to buy and sell the securities are $2,200 and the securities will be held for three months, what required annual yield must be earned before the investment makes economic sense? Question 4 options: A) 4.4% B) 3.6% C) 8.3% D) 5.6%
April 30, 2020Which of the following measures is not used directly as one of the means of determining the reasonableness of a hospital’s charges? Question 7 options: A) return on investment (ROI) B) costs C) investment level D) prices of peer hospitals
April 30, 2020Why are medical records a critical department?
Why are medical records a critical department?
In the billing process of a hospital, why are medical records a critical department? The DRG system of Medicare requires proper coding of clinical information in order to achieve accurate and prompt payment and to avoid fines and penalties. which department is a critical entity in order to carry out the billing process of a hospital?