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answer the questions from the chapter attachment

Date Posted: 18/09/2020
Category: Health Care
Due Date: 20/09/2020
Instruction
• Question 1 Practice management systems are one of the core systems in the medical practice. Describe the functions of a practice management system. Why are these functions important to ensure efficient data management within the practice? • Question 2 Describe some of the challenges that medical practice managers face today. How can practice managers ensure they are prepared to face these day-to-day challenges? • Question 3 What is the HITECH act? How is HITECH enforced? What are some examples of the expanded penalties that were established by HITECH for HIPAA violations? • Question 4 Discuss the three (3) different types of medical practice structures outlined in the course. What are the benefits of each of these practice structures? • Question 5 Fraud & abuse has resulted in billions of wasted dollars each year and is a significant problem for Medicare and Medicaid. Recently, auditing of medical practices has become more frequent as CMS focuses great attention to fraud & abuse compliance. What are the two laws/statutes that are discussed in the course relating to fraud & abuse? Be sure to describe each law in detail and how it contributes to overall best practices for medical practice billing. Why is it important for medical practice managers to ensure that they are compliant with the vast regulations in medical billing? • Question 6 The medical practice manager is currently living in the midst of a perfect storm. Describe the perfect storm that currently exists in the market. Based on the elements that comprise this perfect storm, which three (3) elements would you consider to be the most important for a practice manager to focus on? • Question 7 Three (3) innovative practice models were discussed in the course. Describe each of these innovative models and their goals for health care practice improvement. • Question 8 What is the 'True North' concept? How does this concept drive daily operations and change in the medical practice environment? • Question 9 In a health care market where mergers and acquisitions are commonplace, anti-trust laws have become more significant over the past few years. Describe the main role of anti-trust law. Discuss at least three (3) relevant anti-trust laws that were discussed in the course. • Question 10 Discuss the relationship between cost, quality, and access to medical practice care. How do these relationships interact to determine value of care? Be sure to discuss each element in detail as you discuss the relationships between each element.
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