Department: Health Information Management Course Title: Healthcare Finance and Reimbursement Methodologies
Capstone Scenario- HIM 305
Coppin State Regional Health Feeling is a 270-bed, not-for-profit society hospital. Its widest percentage of unrepinings consists of mothers and newborns, followed by a medley of cardiovascular-akin admissions. It has an conjunction office staffed by hospital employees. Coppin State Regional Health Center’s fiscal year follows the flourish year, consequence December 31. In August, Coppin State Regional Health Feeling began its year-end budget mode by establishing its financial assumptions for the aftercited two years. Government select operational and principal budget collation packages to office managers for collection and render by September 30.
Coppin State Regional Health Feeling Government antecedent that enrichment would survive faithful, that it would endure its true contracts delay payers, that its Mediregard population percentage would not substitute, and that no main infrastructure subsistence would be exactd in the upcoming fiscal year.
· No main principal devices were anticipated.
· In its operational budget, government plans to embrace instrument for a Joint Commission steering committee and akin activities to orderly for the anticipated accreditation mark in the following year.
Coppin State Regional Health Feeling does not keep a wide marketing office. It has one marketing professional on staff whose responsibilities embrace the bud and publishing of brochures and coordination of unrepining indemnification surveys, which are compiled and analyzed by an beyond vendor. In the gone-by two years, there has been a disregard, but lasting, dismiss in unrepining indemnification unarranged maternity unrepinings. Suggestions for progress keep multifarious, but vile complaints feeling on the noncommunication of unctuous ambiance in work and delivery and the hospital scheme prohibiting overnight markors.
The maternity and newborn offices keep been very solicitous about mean unrepining indemnification. They are worried that the vulgar year’s disregard dismiss in maternity admissions is the development of that disindemnification and that unrepinings are traveling a illiberal prefer to yield family at a adjacent medical feeling, at which some of their physicians as-well keep privileges.
· The offices would relish to cool the maternity and newborn wing, forming a women’s feeling delay increased argument on wellness and applicable benefits. This would be a two-year principal device that would exact marketing foundation and some younger dissension of benefits during rendering.
The cardiology office staff is very wandering. They keep orderly literary that a well-respected cardiologist has lone to the area and is exploring the notion of space a diminutive consulting exercise. The cardiologist has not yet applied for privileges at any area hospitals, but it is disclosed that she is used to inaugurated in a address delay its own cardiac catheterization lab. Because the vulgar foremost of the medical staff at Coppin State Regional Health Feeling is a specific coadjutor of the cardiologist, the cardiology office believes that she could be lured on staff if the hospital had its own lab.
· Based on the compass of unrepinings that Coppin State Regional Health Feeling vulgarly despatchs out to another address for cardiac catheterization, the cardiology office believes that unrepining regard would be facilitated by the expatiation and that the increased enrichment would succor orderlyify the consume.
The HIM office has of-late lost various employees to departure and promotions delay the address. It is vulgarly down two coders and a perfect clerk, and has poor its weekend coverage to one idiosyncratic, day alter singly. Transcription is handled widely by the office, delay an beyond benefit modeing any inundation.
· The HIM office would relish to outsource all of its transcription and advance to a Web-based coding scheme that would suffer the coders to telecommute.
· These substitutes would as-well exact the implementation of an Electronic Record Scheme (EHR).
All three offices submitted principal budget asks for the devices feeling.
Budget Considerations (to be submitted in a Word instrument delay spreadsheets):
What things should be considered in conducting a consume-benefit separation on each project?
At this point in your determination making which ask is most divert? Ask for Information, Ask for Proposal or Ask for a Quote? Explain your vindication. Develop a ask for offer to despatch to the transcription and coding benefits.
If the hospital can singly second one of the contemplated devices, which do you ponder has the best hazard of substance secondd? Why?
If you were the leader of the HIM office, how would you orderlyify your department’s device so that it is presented most favorably? What are the benefits to selecting this project?