39.8k views
0 votes
An EHR specialist is collaborating with a coder about reports available in the new EHR system. The EHR specialist should instruct the coder that which of the following reports shows the income generated by each third-party payer?

A) Revenue Summary Report
B) Payer Income Analysis
C) Financial Payer Breakdown
D) Payer Revenue Overview

1 Answer

4 votes

Final answer:

The EHR specialist should instruct the coder to use the Payer Income Analysis report to view the income generated by each third-party payer in the new EHR system. Understanding these reports is essential for managing financial data in healthcare facilities.

Step-by-step explanation:

When an EHR specialist is working with a coder to discuss reports available in the new EHR system related to tracking income generated by each third-party payer, the correct report is typically option B) Payer Income Analysis. This type of report is specifically designed to break down income by each third-party payer, providing the financial data necessary for the medical facility to track and analyze its revenue streams from the different insurance companies and government programs. It is important for both coders and EHR specialists to be familiar with these reports to accurately manage and reconcile financial information.

There are key considerations when developing policies for health records that balance various aspects such as the cost of treatments and diagnoses, patient quality of life, and individual privacy risks. Some of these considerations are addressed in the following questions:

  1. How can we ensure the privacy and security of patient records while still enabling necessary access for treatment and billing?
  2. What protocols should be in place to manage and update patient records to maintain accuracy and support quality patient care?
  3. In what ways can we maximize the use of health records to improve patient outcomes without incurring excessive costs?
User Louis Waweru
by
8.9k points