1st Edition

Hospital Reimbursement Concepts and Principles

By Kyle Herbert Copyright 2012
272 Pages
by Productivity Press

272 Pages
by Productivity Press

272 Pages
by Productivity Press

Due to the countless variables that affect revenue and cost, the hospital reimbursement process is by far the most complex of any industry. Requiring only a basic financial background and a working knowledge of accounting, Hospital Reimbursement: Concepts and Principles supplies a clear understanding of the concepts and principles that drive the revenue cycle within a hospital setting. The... Read more

Fundamentals of Accounting. Types of Hospitals/Conceptual Framework. Hospital Revenue Cycle. Hospital Services. Medicare. Medicaid. Other Insurance Providers. Governmental Cost Reporting. Statement of Operations (Income Statement). Statement of Financial Position (Balance Sheet). Coding. Managing the Month-End Close Process. Calculating the Financial Impact of Hospital Length of Stay. The Future of Healthcare Accounting. Epilogue. Appendices: UB-04 Revenue Codes. FYE 2010 Medicare MS-DRG Listing. Index.

Biography

Kyle Herbert has over 18 years of healthcare accounting experience, and he is licensed as both a CPA (certified public accountant) and a CMA (certified management accountant). Kyle is a received his undergraduate degree from the University of Richmond and his master’s degree in business administration from The Citadel. In addition to these academic achievements, Kyle attained fellowships with both the Healthcare Financial Management Association and the American College of Healthcare Executives.

Kyle is a member of the American Institute of Certified Public Accountants, the Institute of Management Accountants, the South Carolina Society of Accountants, and the South Carolina Association of CPAs.

Mr. Herbert is also a Fulbright Scholar who was a visiting professor in Bangkok, Thailand.

He can be reached with questions or comments at: [email protected]