CMS

Center for Medicare and Medicaid Services
Student’s Name
Institutional Affiliation
Abstract
The Centers for Medicare & Medicaid Services has undergone an objective historical development since its establishment in 1965. The system began performing reimbursement services in the year it was formed. Some of the roles which the system was associated with include of administering Medicaid, health insurance packages, Children’s Health Insurance Program, and other Medicare programs. The reimbursement system was highly administered in all Medicare as well as Medicaid operations. In 1967, the system was amended to make it oversee several sections of healthcare. In 1970, clauses of administration standards were included in the system. In 1996, the system was combined with the Health Insurance Portability and Accountability Act (HIPAA). The hybrid system made it possible to govern resources and their flow in healthcare facilities. In 2002, the system was certified and became possible to govern the different operations of healthcare. On the other hand, hospital revenue cycle management is used to manage various operations of an office. The process entails the organization of financial data in a manner that it becomes easy to monitor.

Center for Medicare and Medicaid Services
The Centers for Medicare & Medicaid Services (CMS) is the federal agency which works for the United States Department of Health and Human Services (HHS). The agency is tasked with the …