Why Is Systems Development Difficult and Risky

question 91

Essay

Why is systems development difficult and risky?

Understand the importance and methods of sending claims electronically in healthcare.

Recognize and interpret the types of information found on an Explanation of Benefits (EOB) form.

Identify the CMS-1500 form as a standard for Medicare and Medicaid billing.

Learn the initial steps in completing a healthcare claim form correctly.

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Definitions:

GDP Deflator

A measure of the level of prices of all new, domestically produced, final goods and services in an economy, used to deflate nominal GDP to real GDP.

Percentage Change

A mathematical calculation that represents the degree of change over time, expressed as a percent, indicating how much something has increased or decreased.

GDP Deflator

An apparatus for gauging the level of prices of all newly made, domestic final goods and services in an economic setting.

Percentage Change

A mathematical calculation that shows how much a quantity has increased or decreased as a proportion of its previous value, often expressed as a percentage.