MODULE #14:
Understanding the Basics of the Business of Medicine
- Know the global history of the Medicare program and understand the parts (A, B, C, and D) that make it up
- Know the out of pocket costs associated with the Medicare Beneficiary in 2021 and the concept of co-insurance across the spectrum of healthcare
- Be able to state the basic components of coding and the concepts of documentation integrity and its support of how we get paid
- Define relative value units, conversion factor, shared savings, and cost of care and how these play into how providers get paid
