Operational and Strategic Planning in Healthcare
This essay focuses on Operational and Strategic Planning in Healthcare. Modern technologies allow you to send money transfers to the beneficiary’s bank accounts, to a card or inside the payment system itself.
Operational and Strategic Planning in Healthcare
Overview: Hospital administrators review accounts receivable schedules and reports to determine how much revenue is being receive from various sources (i.e., Medicaid, Medicare, Anthem, self-pay from patients, and other third-party payers). Revenue from various sources is refer to as the organization’s “payer mix.” In this milestone, you will examine operational and strategic planning in healthcare and consider selecting the three elements that you feel will be most important to complete in terms of receiving feedback.
Prompt:
Submit a draft of the Third-Party Payment Systems and the Operational and Strategic Planning in Healthcare portions of your research and analysis. Specifically, the following critical elements must be addressed: IV. Third-Party Payment Systems:
Firstly, Healthcare System Reimbursement: Evaluate third-party payer models for the impacts they present on healthcare system reimbursement.
Secondly, Reporting Requirements: Analyze the reporting guidelines of third-party payer payment systems. What opportunities and challenges do they present for healthcare leaders in meeting reporting requirements? c) Compliance Standards and Financial Principles:
Money transfers and electronic wallets
Payment systems also allow you to make money transfers. Modern technologies allow you to send money transfers to the beneficiary’s bank accounts, to a card or inside the payment system itself. Transfers are carried out instantly, regardless of the day and time of day, in different currencies, for a small commission.
Many payment systems also include electronic wallets among their services. This is a place where you can store electronic money. Electronic wallets you can also to pay for services and make transfers. Electronic wallets often are not country-specific and work with different currencies. One of the advantages of e-wallets is that you do not need to pay for their service. Commission is charge only for transactions.
In addition to standard e-wallets, there are also bitcoin wallets. Their purpose is similar to traditional electronic wallets, except for the fact that a cryptocurrency is store in a bitcoin wallet and transactions are carry out only in bitcoins. After creating a Bitcoin wallet, you will receive an address with which all operations are perform.
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