HSA 3170 Chapter Notes - Chapter 2: C Mathematical Functions, Health Insurance Portability And Accountability Act, Managed Care
Document Summary
Chapter 2: organization of financial management part 2. Controller and treasurer: both report to the cfo, controller, the chef accounting officer of the healthcare organization, usually responsible for, financial accounting, managerial accounting, tax accounting, patient accounting, treasurer. Internal auditing: responsible for, managing working capital, healthcare organization"s investment portfolio, financing of capital expenditures. In smaller organizations, both functions are combined under one position or integrated into. Corporate compliance officer: report directly to the ceo of the board, typically seen as peers with cfos, responsible for conducting compliance reviews, used to assess how organization complies with fraud and abuse laws. Inquisitive: persistent, detail-minded, skilled in dealing with people, dispassionate and objective, courageous, discreet, has strong moral sense. Independent auditor: a large accounting firm that has contract with the healthcare organization, primary concern is the financial reporting needs of external entities, only incidentally concerned with identifying fraud. Internal auditor: an employee of the organization who typically reports to the controller.