31 Oct 2022

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Integrative Care and Modernizing the Revenue Cycle

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Academic level: University

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Integrative Care 

Notably, conventional healthcare organizations should introduce integrative care in their medical centers. Russo, Diener, and Stitcher (2015) argue that integrative health modalities (IHMs) encompassing emotional, spiritual, social, mental, environmental, and physical factors that affect patients should be included in treatment since they are to beneficial to both the patient and the institutions’ balance sheet. Integrative care enhances the sustainability of hospitals while, at the same time, improving patient satisfaction. Integrative care is patient-centered and entails engaging the patients in their healing process. 

The integrative care involves training patients on different practices that they can do without the assistance of other parties. It includes treatment practices and supplements such as guided imagery, acupuncture, meditation, and yoga (Shalom-Sharabi, Samuels, Lev, Lavie, Keinan-Boker, Schiff, & Ben-Arye, 2017). Some of the issues addressed in the integrative care include patients’ hospital stay and sedation costs. Addressing the patients’ hospital stay is vital to enhance patient satisfaction due to the decrease in the length of stay; on the other hand, sedation costs should be addressed to minimize the cost of medical costs to boost profitability and sustainability (Russo et al., 2015). Thus, IHMs are crucial for both the patient and the hospitals. 

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Analysis of HFMA Article (2015): Key Strategies for Modernizing the Revenue Cycle 

In the article  Key Strategies for Modernizing the Revenue Cycle.  Healthcare Financial Management Association (HFMA) (2015) explores some of the ways that hospitals could use to enhance the effectiveness and efficiency of their revenue cycle. In the article, HFMA places patients at the center of revenue cycle management (RCM). It states that medical centers should focus on consumer-friendly payment. Managers can implement this strategy by involving the patients throughout the payment cycle (Mindel & Mathiassen, 2015). For instance, they can invest in a software that provides regular bill estimates to patients, leveraging technology by educating patients manually, providing easy-to-understand bill statements, as well as varying payment options (HFMA, 2015). 

The article discusses other imperative strategies, including boosting technology, to promote speedy and accurate reimbursement besides leveraging outside expertise. Managers could speed up accurate reimbursements by using a charge capture tool to provide real-time data entry and workflow management. For instance, directing incorrect codes, denials, or lack of documentation to the right department by using workflow management tools and clinical documentation improvement (CDI) (HFMA, 2015). Using external expertise is crucial in ensuring the efficiency of the RCM. An example of external expertise is tech companies that monitor and provide skills and knowledge at every phase of the RCM (Mindel & Mathiassen, 2015). The importance of external expertise is to minimize mistakes in the payment cycle. 

Preventing Violence in the City of Chicago 

Understanding the root cause of the violence in the city of Chicago is the first step towards eliminating violence incidences in the area. Chan, Hollingsworth, Espelage, and Mitchell (2016) argue that a solution can only be formulated if the concerned parties have a clear understanding of the leading cause for a specific communal challenge. Violence behavior in the city of Chicago affects all people. However, it is more common among youth. Focusing on the young generation, Ellis and Abdi (2017) opine that stakeholder involvement is an effective intervention measure towards mitigating violence in the neighborhoods. Accordingly, involving the youth through community-driven initiatives could not only make them busy but also promote ownership of the ensuing ideas and solutions to the menace. For instance, authorities could organize a town hall meeting for the youth as community partners to discuss causes and preventive measures to curb violence. 

The city of Chicago can employ community policing supplemented by technology to prevent violence in the area. Chan et al. (2016) note, technology-backed community policing allows timely sharing of crucial information regarding the potential occurrence of violence within the streets. The citizens are empowered to share information with the police to foster speedy response before violence erupts. 

References

Chan, W. Y., Hollingsworth, M. A., Espelage, D. L., & Mitchell, K. J. (2016). Preventing violence in context: The importance of culture for implementing systemic change.  Psychology of violence 6 (1), 22.

Ellis, B. H., & Abdi, S. (2017). Building community resilience to violent extremism through genuine partnerships.  American Psychologist 72 (3), 289.

Health Financial Management Association (HFMA) (2015 Nov.). Key strategies for modernizing the revenue cycle. HFMA Educational Report. 

Mindel, V., & Mathiassen, L. (2015, January). Contextualist inquiry into hospital revenue cycle transformation: Bridging research and practice. In  2015 48th Hawaii International Conference on System Sciences  (pp. 2960-2969). IEEE.

Russo, R., Diener, I., & Stitcher, M. (2015 Nov.). The low risk and high return of integrative health services. Health Financial Management (HFM) Magazine. 

Shalom-Sharabi, I., Samuels, N., Lev, E., Lavie, O., Keinan-Boker, L., Schiff, E., & Ben-Arye, E. (2017). Impact of a complementary/integrative medicine program on the need for supportive cancer care-related medications.  Supportive Care in Cancer 25 (10), 3181-3190.

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StudyBounty. (2023, September 16). Integrative Care and Modernizing the Revenue Cycle.
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