HCR 203 Week 4 Effective Financial Policies and Procedures

Resource: Ch. 14 of Medical Insurance: An Integrated Claims Process Approach (6th ed.)

Refer to Figures 14.1 and 14.2 in Ch. 14 of Medical Insurance: An Integrated Claims Process Approach (6th ed.).

Post a 350- to 700-word response to the following:

The three major elements to critical thinking are logical inquiry, problem solving, and evaluative decision making. For this assignment, you must exercise critical-thinking skills to answer the following questions:

• What are the basic elements of an effective medical office financial policy?
• In what ways do medical office procedures support financial policies?
• What are the consequences when office procedures do not support the financial policy?
• What recommendations, strategies or tools can medical offices use to ensure effective alignment of policies and procedures?

Cite any sources. For additional information on how to properly cite your sources, log onto the Reference and Citation Generator resource in the Center for Writing Excellence.