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HCR 230 Week 7 Checkpoint 1

 
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HCR 230 Week 7 Checkpoint 1

 
Posted On : 04-06-2011
Question:
  HCR 230 Week 7 Checkpoint 1

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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Axia college      
Effective Financial Policies and Procedures      
Week 7 Checkpoint     

    There are some elements that are needed to be put into place to make up a good financial policy and procedure set up for an office. A good financial policy is one that both staff members and patients can follow (Valerius, Bayes, Newby, Seggern, 2008).
    The first thing that a good financial pol....