University of Phoenix Material
Week One Health Care Financial Terms Worksheet
Understanding health care financial terms is a prerequisite for both academic and professional success. This assignment is intended to ensure you understand some of the basic terms used in this course.
Complete the worksheet below according to the following guidelines:
In the space provided, write each term’s definition as used in health care management. You must define the term in your own words.
In the space provided after each term’s definition, summarize a health care management scenario that illustrates the importance of the skill, concept, procedure, or tool to which the term refers. In the scenario, you may wish to consider the following:
o Why is the skill, concept, procedure, or tool necessary for accurate record keeping, operational efficiency, excellent patient services, ...view middle of the document...
|the operations in the office and make sure that all the steps are |
| | |done correctly. |
|Decision |Making the right choices with all the available |When a front desk person is dealing with a insurance problem and is|
|making |choices. |given different choices they have to use decision making to get the|
| | |right choice. |
|Organizing |This is to make sure that all the resources that are|A manager is responsible for organizing all the resources that are |
| |available for the company is being used the correct |available to the company |
| |way | |
|Planning |Finding different things in an organization and |This would be when you have a problem with billing that needs to be|
| |figuring out the steps needed to complete the |fixed and you have to figure out the steps needed to solve the |
| |situation. |problem |
|Original |This is a record that is made to make sure we know |When a patient as a billing problem that was solved you have to |
|records |what has happened in the health care system |make sure that all the information is recorded. |