Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Summarization
The inherent conflict that exists between financial accounting and accounting for performance are separated by a very thin line. That differentiation is because the focus of the business, management, financial end of the hospital-industry and the physician's end of the hospital-factory is toward two very different goals. Interestingly enough those two very different dimensions in healthcare do come together at the crossroads of end results in the fact that for a patient to suffer due to malpractice, neglect, improper or lack of treatment will most necessarily affect the financial sector of the institution or organization in the realization of punitive damages in lawsuits against them. Therefore, in the view of the business, management or finance individual it is critical that exemplary care be given to the patient in coordination with providing that care in the most resourceful and efficient manner.
Importance of this Study
The importance of this particular study is the hypothesis that both the financial, business and management paradigm and the professional healthcare giver sector paradigm both are more likely to succeed if the other succeeds. Therefore it may be said that the interrelation...
Cost-sharing as well as competitive health plans have ridden the circuits of possibility with health viewed as a "consumption commodity" Sajay (2005) and humans as a type of investment capital. Difficulty in terms of trade yet health was considered to be a commodity by Fuchs and Zeckhauser for the reasons as follows:
Health affects personal utility
Health does not have an unlimited supply
Health can be increased by the applications of scarce resources
Thereby the patient is become 'consumer' in the hospital-factory and its' products and services.
References
Dowd, B.E. et al. (1986) Inpatient length of stay in Twin Cities health plans Med Care. (8):694-710; 24 August (1986) The Health Institute, New England Medical Center, Boston, MA 02111 JAMA. 1992 Mar 25;267(12):1624-30.
Sajay, Samuel, et al. (2005) "Monetized Medicine: From the Physical to the Fiscal" Accounting Organizations and Society 30 (2005) 249-278. Elsevier Available Online at www.sciencedirect.com
"Health Care Criteria for Performance Excellence"
American Healthcare System has been at the center of debate for many years. One of the most pressing issues confronting the healthcare system is Medicare and its beneficiaries. The purpose of this discussion is to focus on the ramifications of moving Medicare beneficiaries into managed care organizations (MCOs). Our investigation will illustrate that moving the Medicare beneficiaries into MCOs are a bad idea because there will not to be
On the contrary, a comprehensive medical care solution that tackles the main issues driving up health care costs in America is possible. The main problem experienced by the average American is that health insurance premiums are cost prohibitive for the middle-class, but being uninsured can bankrupt a family forced to deal with even a minor catastrophic illness. Therefore, a national health insurance program has to be part of the
health care to an indigent population. As illustrated by the case, there were many unique problems associates with delivering health care to the indigent population. First, communication was an issue plaguing all parties involved. Difficulty in regards to understanding overall objectives and health care plans made operations inefficient and costly. Massive errors resulted from communication issues that ultimately hindered the access and quality of health care to the indigent population.
Universal Healthcare Universal Health Care for America: How a Socialist Model Can Work in a Democratic Country The possibility of a universal health care system in the United States seems distant at times. Yet as more and more youths graduate college, and as more and more adults lose positions they have held for decades, one finds oneself wishing that the United States would at least secure this basic right for such individuals, many
327). In short, the system 'worked' at this time for patients, hospitals, insurance companies, and the government. Blue Cross plans also benefited from special state-level legislation that allowed them to act as nonprofit corporations, to enjoy tax-exempt status, and to be free from the usual insurance regulations. Physicians, although they initially opposed all forms of health insurance, created Blue Shield in deference to the demand for Blue Cross insurance, and
public policy for reproductive health in Nigeria should not be without first recognizing the global issues that bear upon the country's public health system and the state of its people. Today the country continues to renew its effort in sustaining public health with vigorous plans and new programs that will be reviewed in this study. But any new proposal must also understand the depth of the country's problems and