Healthcare Financing

Physical and mental health issues are very widespread in United States. These issues affect everyone despite gender, age or race (Kendall, 2009). Consequently, they have been a cause of so many problems in the society. These problems include: Homelessness, Unsteady and broken families Substance abuse and dependence Non-employment and poverty Lack of residential stability Spread …

Problems related to Physical and Mental Health Issues Problem Solution Essay Read More »

Express Script, Inc. Express Script, Inc. is the largest pharmacy benefit management (PBM) company in the US. In the fiscal year 2013, the company generated revenue of $104.62 billion (Express Scripts, Inc., 2014). It offers a diverse range of services under PBM, including pharmacy delivery services, health decision science, drug data analysis, and drug plan …

Healthcare Finance: Express Scripts, Inc. Essay Read More »

Major factors that have influenced healthcare financing From a careful review of literature, there are four major factors that have influenced the financing of healthcare. One of the notable factors is the shift in healthcare setting. Moreover, the trend of demand and supply is also a crucial factor. Besides, there are numerous changes that occurred …

Medicaid and Medicare Services for the Elderly Report Read More »

What would you consider when reviewing a budget? I would consider the total revenue expected for the particular period the budget is being drafted for in order to come up with a manageable budget. The expenditure would also be important as it shows how much the business will spend in relation to the available revenue. …

Managing a Hospital Budget Essay Read More »

What are the differences in financial reports for a non-profit entity vs. a for-profit entity? Financial reports are annual documents, which are prepared by accounting departments in order to inform companies of their financial position at a given time. They are common in both non-profit and for-profit entities since they give a clear picture of …

Financial Reporting and Healthcare Departments Essay Read More »

Financing System for Healthcare Services: Background The current healthcare system requires substantial financing. Because of the necessity to meet the increasingly high-quality standards, healthcare organizations must purchase necessary equipment, train their staff, etc. Therefore, exploring the opportunities for financing healthcare organizations is crucial to the further improvement of patient outcomes. At present, the concept of …

Payment Mechanisms in the Healthcare Environment Research Paper Read More »

Stoil, M. (2006), “When Medicaid paid bills: behavioral healthcare have suffered as Medicaid has become the dominant public-sector payer.” Medical executives from different US healthcare departments argue that government healthcare expenses are increasing. The argument arises from the fact that the federal administration spends too much on Medicaid, a US healthcare plan meant to assist …

Behavioral Healthcare Reimbursement Changes Research Paper Read More »

The profitability is dropping at Elijah Heart Center (EHC), the coronary care unit, because of high wages to contract nurses, low Medicare reimbursement, and unused equipment, which is not billed. The main points of the financial accounting plan for improving the turnaround of the organization include covering the capital shortage, cost-effective equipment acquisition strategies, and …

Elijah Heart Center’s Financial Accounting Research Paper Read More »

Accounting Project Description A healthcare organization needs an elaborate plan for managing its financial assets so that the needs of all stakeholders could be met successfully. Particularly, it is crucial to make sure that patients are placed in a favorable environment for their further recovery, as well as that nurses are provided with an opportunity …

Accounting Tool for a Healthcare Organization Research Paper Read More »

Introduction Society and business are closely interrelated in the aspect that society has an impact on business through policies and laws, and diverse companies influence society through their activities. One of the fields where this impact is well observed is health care because health care is one of the fundamental rights granted to every citizen …

Keiser Permanente in the Affordable Care Act Context Term Paper Read More »

Introduction The history of health care in the USA has been closely tied to the political sphere for many years. In 1935, a massive government-led program was formed into the Social Security Act which included some major changes for American society (Altman & Kingson, 2015). In the first drafts of this major document, a health …

Health Insurance Provision in the USA Essay Read More »

Nurse practitioners (NPs) should use their competencies, ideas, and concepts to influence policies that have the potential to impact access to medical services and patient care. Those who want to be part of this process should exhibit maximum commitment and acquire evidence-based knowledge for implementing meaningful change. This paper explains why NPs should join different …

Health Policy Fellowship Essay Read More »

Introduction Employer-sponsored health insurance has a long history in the United States and remains the main form of individuals’ access to medical services in the country. The coverage of employees’ healthcare expenses by businesses influences economic and social factors and is associated with multiple benefits, including a drastically increased rate of people with insurance since …

Employer-Sponsored Health Insurance and Its Influence Essay Read More »

Abstract The paper is devoted to the investigation of the central features of the cost-effectiveness analysis on the background of the suggested case revolving around diabetes among the population of the USA. The better understanding of the topic is achieved by comparing this type of analysis with the cost-benefit and cost-utility approaches to outline the …

Diabetes in the US: Cost Effectiveness Analysis Case Study Read More »

The United States’ healthcare system has different policies and programs aimed at addressing patients’ medical needs. Americans can also consider various insurance plans depending on their income levels and health risks. The paper presented below gives a detailed definition of a Health Savings Account (HAS) and describes whether it is a good idea for health …

Health Savings Account Essay Read More »

Introduction Healthcare facilities use various systems to pay the healthcare providers. To choose an appropriate system, these organizations consider various factors, especially advantages and disadvantages. Despite the various systems, each of them has its advantages and disadvantages. Therefore, this paper explores various systems of payment applied by various healthcare organization to pay their service providers. …

Hospital Outpatient Prospective Payment System Coursework Read More »

Introduction Strategic planning is very important in a healthcare setting because it gives the explicit outline and vision for the healthcare activities. The healthcare facilities have experienced several challenges, which need to be solved for effective healthcare service delivery. This paper will focus on the problems the healthcare facilities are facing and their probable solutions. …

Hospital Facilities’ Payment Challenges Coursework Read More »

Key concepts and principles essential to effective financial practices and operations of a healthcare entity An effective financial management system in a healthcare entity is of great importance. In this regard, there are essential components and principles of financial practices that must be implemented. Financial reporting is characterized by accurate and complete disclosure of financial-related …

Financial Management System in Healthcare Essay Read More »

Alpha Health System (AHS) is a healthcare network with specialization in acute care (Kaufman, 2006). Nonetheless, AHS experienced financial difficulties with the budget allocation such as the lack of accuracy and analysis and no centralized system of resource distribution. They limited the possibilities for the enhancement of the financial portfolio of AHS and created a …

Alpha Health System: Allocating Capital Essay Read More »

Abstract This poster demonstrates the results of a case study focused on comparing the health care systems of the two nations. The primary objective of the analysis is to ascertain which system shows better functionality via researching the goals that the governments are pursuing regarding improving health care services. The study allows stating that the …

UAE and UK Healthcare Services and Financing Report (Assessment) Read More »

Similarities and Differences between the Ontario Healthcare System and the “Medicare for All” Bill Currently, Bernie Sanders, an Independent Vermont Senator, is once again trying to promote his “Medicare for All” bill which focuses on single-payer health care. He states that it is America’s moral obligation to apply this act, as it will provide healthcare …

Ontario Healthcare System vs. “Medicare for All” Case Study Read More »

Introduction Healthcare is one of the cornerstones that demonstrate a country’s level of development. Over the recent past, the cost of healthcare in the United States has been rising. The rising cost has led to a debate among scholars. On one hand, some scholars argue that the government needs to control the rising cost. The …

Cost Containment in the United States’ Healthcare Essay Read More »

The annual budget determined for Oakland Family Wellness Center (OFWC) is $5 million. In order to address expenses associated with opening a new healthcare facility and providing mental health services, as well as offering training for families, it is necessary to plan an annual budget with reference to the forecasted expenses and unpredicted costs. These …

Oakland Family Wellness Center’s Budget Allocation Essay Read More »

Case Study Today we observe numerous attempts to reform the healthcare sector to enhance its efficiency and attain better results. Numerous critical points acquire the top priority regarding the further evolution of the sphere and insurance is one of them. It has been an ongoing issue for several decades, and now crucial alterations are needed …

Healthcare Availability and Insurance Case Study Read More »

The purpose and intended benefits of a healthcare exchange Healthcare exchange develops inter-organizational information systems, which are expected to help customers and small businesses to access healthcare insurance. The first purpose of exchanges is the simplification of insurance selection, while the second refers to the navigation of government assistance that depends on various factors such …

Healthcare Exchange and Interorganizational Information Systems Case Study Read More »

The UAE has made incredible progress in its healthcare sector, owing to the government’s plan to establish comprehensible health initiatives and programs that target both private and public health sectors. The World Health Organization now considers the UAE one of the developed nations in terms of healthcare services. The nation has high standards of healthcare …

The UAE’s Healthcare System and Insurance Report Read More »

Universal healthcare coverage in the United States has been an increasingly popular topic of research and discussion in the past decade. Various government programs and the introduction of the Affordable Care Act in 2010, were aimed at reducing health care disparities across people with low income. Nevertheless, there are still millions of uninsured people all …

Healthcare Quality and Governmental Spending Essay Read More »

Introduction The ethical issue in the financing of healthcare is the cost of medications and their effectiveness or ineffectiveness. Due to these high costs, providers are unable to cover all needs of the aging nation. More controversial issues will arise, transforming healthcare in the United States. How Policy Decisions Are Made Current policy decisions are …

The Cost of Drugs and Their Effectiveness Essay Read More »

Introduction Revenue cycle management (RCM) is one of the key issues in health care billing system. To bill for services, it is important to collect data during a patient’s visit and properly treat insurance requirements and regulations. Taking into account that insurance system presents various options and tends to change rapidly, the billing process may …

Differences in Revenue Cycle Management Essay Read More »

Recent healthcare reform (The Patient Protection and Affordable Care Act) has affected not only patients but also healthcare organizations. Healthcare organizations are now relying on payments from patients to maintain their facilities and pay their workers. The creation of new insurance plans has increased the number of patients who pay for their health care costs …

Health Care Finance: Tools and Techniques Essay Read More »

Containment of healthcare cost is one of the key goals of The Patient Protection and Affordable Care Act. In the process of cost reduction, the government must address the effects of the strategies it puts in place. For instance, decreasing the reimbursement for care used is a possible strategy for cost reduction. However, this strategy …

Healthcare Cost Reduction in Affordable Care Act Essay Read More »

Overview In the recent past, the field of behavioral therapy has attracted much attention from researchers who seek to unravel its effectiveness in meeting the needs of the disadvantaged groups. Consequently, most hospitals today are offering behavioral care to persons suffering from mental disorders, chronic illnesses, and those struggling with drug and substance abuse (Kelly, …

Behavioral and Traditional Care in the United States Essay Read More »

Discussion The non-profit organization in question is a hospital. Healthcare is a very sensitive issue when it comes to finances. Its price can be extraordinarily high, and yet its nature is such that a person often cannot refuse it without harming themselves. The populations that best represent the “market” of our non-profit hospital are people …

Nonprofit Organizations and Hospital Financing Essay Read More »

Discussion It is imperative to note that medical assistance programs are actively discussed by many scholars, and they have recognized that the current approach has several weaknesses. Moreover, some of the policies were frequently criticized, and most think that they should be altered. It is hard to argue with the fact that the initiative was …

Medical Assistance Programs and Areas of Improvement Essay Read More »

Executive Summary This report provides an analysis of current issues related to medical assistance programs. Attention is mostly devoted to factors that have led to an increase in spending. Scholarly sources will be examined to collect the data on this subject matter. A set of recommendations that should be considered by policymakers will also be …

Medical Assistance Programs and Increased Spending Essay Read More »

Concept Statement Introduction Chronic diseases have become common nowadays, a factor that has increased the amount of money needed in the treatment and prevention of such illnesses. An example of such a challenge in the case of upper and lower back pains. Many people in the Kingdom of Saudi Arabia experience problems of back pains …

Back Pain Reduction Project and Its Financing Essay Read More »

Introduction Lanis Hicks is the author of Economics of Health and Medical Care, the book about economics, various economic tools and methods that can be used in health care, and health policies that have to be taken into consideration. The book is divided into several parts with a number of chapters in each section. In …

Health Economics and Medical Care Essay (Article) Read More »

Abstract All the nations of the world fall into economic, social and political strata of some sort. As a result, terms such as developing and industrialised nations have come into existence. Developing nations are often characterised by poor socio-economic and political conditions. As such, the existing international system expects industrialised nations to support the developing …

Official Development Assistance in Rwanda Healthcare Research Paper Read More »

Introduction Many states in the U.S. are in the process of implementation of various health insurance policies or they have already implemented the policies following the signing of Obamacare. A good example is California, which has established the State Children’s Health Insurance Program (SCHIP) that specifically caters to children. Each state has established its own …

California vs. Pennsylvania Medicaid Policy Coursework Read More »

Introduction Medicaid is a public health policy that provides quality and widespread health care to low income earning families. It is a policy that has been endorsed by both the state and the federal governments. Medicaid varies from one state to another due to the different state rules and priorities. Even though many people have …

Medicaid Programs Financing and Governmental Role Coursework Read More »

Introduction The health care industry has experienced numerous changes over the last decade. One major aspect of the industry that has changed is the nature of health plans. Modern health plans are different compared to the traditional ones used a few years ago. Most changes have been witnessed due to the introduction of the Patent …

Health Plans and Changes After Medicaid Program Essay Read More »

Medicare parts The first section of the Medicare scheme referred to as part A, caters to inpatient hospitalization services, admission to specialized nursing homes, home visits by medical practitioners, and patients in hospices. An estimated 32% of spending recorded in 2012 was credited to this section. Benefits in this section are eligible for deductions amounting …

Medicare, Its Elements and Payment Policy Coursework Read More »

How Medicare is financed The finances of Medicare come from numerous sources, including “revenues, payroll tax revenues, and premiums paid by beneficiaries” (Kaiser Family Foundation, 2010). Moreover, other extra sources come from government payments, interests, and taxes imposed on social security benefits. Notably, the finances are program-specific. In essence, there are four “packages that Medicare …

Medicare, Its Financing, Eligibility, Benefits Coursework Read More »

The Affordable Care Act was an attempt to expand coverage of healthcare insurance to include the families and individuals with low income. While conceived initially as a mandatory regulation, the 2012 Supreme Court Ruling created an opportunity for states to opt out of the expansion. While some concerns were voiced regarding the possible adverse effects …

Medicaid Expansion, Its Benefits and Alternatives Essay Read More »

Introduction The core essence of hospitals’ existence is the provision of care to patients. As such, patients and other hospital stakeholders expect that health care facilities should serve patients and give the best results. It is imperative to note that many resources are allocated to health care delivery. Oftentimes, patients fund their medical expenses expecting …

Paradise Hospital: Value Proposition in Patient Care Research Paper Read More »

Introduction Most consumers approach the purchase of the services rendered by certain healthcare in a manner similar to retail shopping. Therefore, most healthcare adapts to such retail-oriented pricing strategies in order to be a step ahead of their competitors. They have realized that consumers not only choose a health care service based on the price …

Healthcare Pricing Strategies and Common Mistakes Essay Read More »

The Emirate of Abu Dhabi has implemented a reform in the health insurance system to provide a right to choice and better access to health providers. The increasing cost of health care and the influence of the world economic crisis has led to the countries’ inability to pay the expenses on their own. Therefore, many …

Abu Dhabi Healthcare System Payment Reforms Essay Read More »

Promoting change in the environment of healthcare is crucial to make sure that the services of the finest quality are offered to the target audience. In other words, it is imperative to make sure that the quality of healthcare services improves consistently. The resulting improvement in the patient outcome can be viewed as the expected …

Health Economic Concepts and Impact on Healthcare Research Paper Read More »

Finance Structure and Overview The Finance Department at the health center is headed by a finance manager and has three other accounting officers. The role of the finance manager is to oversee the finance operations at the facility. The three accounting officers are tasked with different operational roles at the facility. The department also utilizes …

Performance Management in Healthcare Report Read More »

Financial Statement Analysis Health Management Associates (HMA) specializes in offering advisory services to help patients and different organizations select the most appropriate healthcare solutions, and the management aims at minimizing the impact of challenges related to healthcare and medical segments (Health Management Associates, 2017). Nonetheless, the company is vulnerable to economic fluctuations and responsive to …

Health Management Associates’ Financial Health Essay Read More »