Effective Financial Policies and Procedures Essay

Effective Financial Policies and Procedures

Refer to Figures 14.1 and 14.2 in Ch. 14 of Medical Insurance: An Integrated Claims Process Approach (6th ed.).
Post a 350- to 700-word response to the following:
The three major elements of critical thinking are logical inquiry, problem solving, and evaluative decision-making. For this assignment, 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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