Explain the flow of funds within an organization including private pay and third party reimbursement.

Assignment:

Explain the flow of funds within an organization including private pay and third party reimbursement.

Assignment Description: This assignment will be at least 1000 words or more

This week you will reflect upon accountability in healthcare to answer the following questions:

  • How can you prevent abuses and inefficiencies in third party payments?  
  • Briefly define the flow of funds in the Care Organization.
  • What challenges do consumers face who are enrolled in private insurance?
  • What methods can you use to empower the consumer?