With competition quickly making leeway, Emanuel Medical Center cannot continue to survive with donations alone. EMC needs to generate more revenue to stop spending its profits on prior investments. The negative operating margins have basically left the hospital in a very bad financial situation, and it will not and cannot improve until different services are offered. All in all, for EMC to survive in a competitive environment the administrative staff at the hospital will need to re-evaluate the services they want to offer and what population demographics it will serve to better their organization.
It affects not only the young, but the senior citizens as well. Many people do not qualify for the already present government health care programs such as Medicaid and Medicare. Changes need to be made immediately in order for all Americans to be able to afford insurance. These situations are causing the American public unneeded emotional stress. The lack of medical care is causing many deaths that could have been evaded with the proper medical attention.
Rising the cost of health care would effect the nation in variety ways, but it would be more punishment if it was controlled by individuals . To increase the health care cost means less money in patient's pocket and it shouldn't be measured by the sickness of the patients . The government overhauls before increasing the rate of health care costs and it protects the interest of the citizen. It's clear that the insurance companies doesn't want the federal to be involved with the health care issue, because of the potential for new competition that it will bring. The government should have intervention and be involved in health care increasing cost, because we have reached in a point where everyone is needed to have health care , it is a humane thing to do.
Many HMO’s constantly evaluate their services to "ensure" the best care and coverage. But in many cases, what is happening is the exact opposite. HMO's can and do conduct their business quite ruthlessly. Patients are continuously unable to receive the necessary treatment due to the insufficient HMO coverage. Many HMO's actually make more money if their doctors see or treat fewer patients.
Since price variance is high fee for service would be the most ideal reimbursement model. Chronic Care No existing solution may solve the problems regarding the reimbursement of chronic conditions and events related to that. Though population health and accountable care organizations aim to solve these issues, there is less incentive for the consumer to take part in the process. So a mixed model where there is a costumer reimbursement tied with a physician and insurance company cost sharing method would be ideal. Since lifestyle changes are the primary cause of chronic diseases, life insurance scheme could also be tied to this, but in the long run, it can backfire with people choosing not to get medical attention or decreasing the value of health insurance.
Currently H.R.3590 addresses the need for quality of care through reports and wellness programs. As outlined these wellness programs include smoking cessation, Those without insurance have the most to gain by receiving some provisions allowing for greater standard of living. Is this gain even perceptible? The logistics of the health care system determine the the cost and quality of doctors. The American health care system currently has trouble supporting those who can afford the steep health expense.
The rising costs. The uneven quality. Health-care reform is the biggest domestic issue of this year because people are anxious.” (Gratzer p. 28) It is clear that one of the main reasons that so many Americans are uninsured is because of the rising costs of health care, ... ... middle of paper ... ...for our country and which one would improve our economy as well as providing the best health care for our citizens since the birth of our nation. “Yes, there are too many uninsured Americans, but insurance reform that would eventually see tens of millions of Americans shifted to a public program is not the answer. Yes costs are rising, but rationing by bureaucracy is not the answer.
At the beginning, these organizations were successful in bringing medical costs down and has made health insurance more affordable than ever. However, the contracts that the HMOs have you sign basically limits the doctor on how he or she can treat their patients, thus putting their job as the physician in the hands of the HMO. As profits began to go up and down these organizations have put more effort into keeping their costs down and have lost sight of actually caring fir the patients they are insuring. To prove my thesis in this paper I will discuss how our senior citizens and the chronically ill have been hurt by recent cuts their HMOs have made. I will discuss the many reports of HMO negligence and the issues concerning the patient doctor relationship.
“In 2010, Medicare spent an estimated $48 billion– our tax dollars – on overpayment and waste. But the most tragic victims are people who need medical care but don’t have the money to pay for it”. (Allen), Furthermore, by physician also pay a important role which have an impact on the spending as well. The doctor orders masses of procedures to show that he or she has done their due diligence in diagnosing the patient. Unfortunately, all of these unnecessary tests and procedures lead to unnecessary custodies and cost to the patient.
The financial report of year 2008 and 2009, show that there has been an increase in expenses by a margin of 10%. In order to overcome this challenge, Patton-Fuller community hospital need to work on expanding the sources of revenues (Patton hospital) Patton-fuller Community Health Facility should consider using electronic health records which provides clinical decision support, physician order entry, captures and queries information relevant to health care quality. They should also exchange electronic health information with, and integrate such information from other sources (Healthcare Financial Management, 2007). Implementing the use of Electronic Health Records (HER) would lead to accurate payments during new procedures, fewer rejected and improper claims, improved disease management and better understanding of health conditions and heath care outcomes (Jaynelle, 2009). Another implication would be the staffing of the community hospital.