government payment systems
This essay focuses on government payment systems.payment systems for the opportunities and challenges facing healthcare leaders in meeting r
government payment systems
Analyzes reporting guidelines required by government payment systems for the opportunities and challenges facing healthcare leaders in meeting reporting requirements but with gaps in accuracy or detail
- Automated clearing house (ACH) – movement of funds in a batch process, which is best for high volume, low dollar transactions such as payroll, expense reimbursement, and routine vendor payments, as the cost per transaction is low relative to other forms of electronic payment.
- Wire transfer – immediate movement of funds between bank accounts with guaranteed settlement, which is most suitable for high dollar transactions because the cost per transaction is high relative to other forms of electronic payment.
0 points
Does not analyze reporting guidelines required by government payment systems for the opportunities and challenges facing healthcare leaders in meeting reporting requirements
Score of Federal and State: Reporting Requirements,/ 6.27
Federal and State: Compliance Standards
details;
firstly, 3.76 points
Secondly, Meets “Proficient” criteria and demonstrates keen insight. It is into the use of financial principles for ensuring compliance with Thirdly, government standards
Further, 3.384 points
Further, Accurately analyzes how healthcare organizations utilize financial principles for ensuring compliance with government standards
2.632 points
Analyzes how healthcare organizations utilize financial principles for ensuring compliance with government standards but with gaps in accuracy or detail
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