Fin D1


Assume that you work for a healthcare organization and a patient wants to learn more about the cost for a procedure ordered by their provider. They have asked the following questions to Patient Scheduling:

 

1.     How much would the procedure cost because I have not yet met my deductible?

2.     Do I need pre-authorization?

3.     Is there a facility charge in addition to the physician charge?

4.     What other charges would be incurred?

 

In your initial post, include the following details:

•         Explain why each of these four questions is significant for the patient. Add evidence to support each explanation. You may also share an experience on any one of these questions.

•         Provide an explanation of how procedural expenses are determined.

•         Describe how patient perception towards payment can affect the revenue cycle for a healthcare organization.