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HCR 230 Week 7 CheckPoint Effective Financial Policies and Procedures

  • HCR 230 Week 7 CheckPoint Effective Financial Policies and Procedures
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HCR 230 Week 7 CheckPoint Effective Financial Policies and Procedures

Resource: Figures 15.1 & 15.2 on pp. 485–486 of Medical Insurance

Post a 350- to 400-word response to the following: The three major elements to critical thinking are logical inquiry, problem solving, and evaluative decision making. In this CheckPoint, you must exercise critical thinking skills to answer the following questions:
 

·         What are the basic elements of an effective medical office financial policy?

·         In what ways do medical office procedures support financial policies?

·         What are the consequences when office procedures do not support the financial policy?

What recommendations, strategies or tools can medical offices use to ensure effective alignment of policies and procedures?

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