Assume that you work for a healthcare organization

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.