The Health Sector and Insurance

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Literature review According to Wager, Lee, & Glaser (2013), HealthCare information management is the exercise of servicing and proper good care of health information by traditional and new digital means in healthcare centers, physician's office hospitals, health divisions, health insurance policy organizations, and other features that provide health good care or servicing of health information. Armoni (2010) adds that with the widespread computerization of health information and other information sources, such as healthcare center management features and health recruiting details, health informatics and health technological innovation are being increasingly utilized in information control practices in the health good care sector. (American Society for Healthcare Risk Management, 2011)Nationwide healthcare insurance policy coverage is health insurance policy coverage that insures a national population for the costs of medical good care and usually is instituted as a system of healthcare reform. It is enforced by law. It may be administered by the public industry, the private industry, or a combination of both. Funding mechanisms vary with the particular system and country. Nationwide or Statutory wellness insurance policy coverage does not equate to state run or state financed medical good care, but is usually established by national legislation Information technology innovation solutions for the small companies and branches vary in nature. The variations range from software implementations to organizations small or big nature which share common goals of rapid expansion and revenue maximization (Haux & Ammenwerth, 2011). Unlike large organizations, however, small firms cannot depend on sizable budgets or internal teams to deploy a... ... middle of paper ... ...ficiaries and have no employer-subsidized medical aid or supplemental coverage. Hospital mergers. Benefits from healthcare center mergers is low hence in most scenario is lower than the value expected. A study conducted in this area found out that the effect was 7% which was a normal reduction for all consumers. When comparing the results with other healthcare centers, it is evident that the savings remain extremely small. This are health centers having competition within the same market. The medical insurance system will benefit greatly if there are a few hospitals. This is because it guarantees an entry that is easy and facilitate management of available insurance data (Tan J. K., 2001). On the other hand it may curtail the maximum collection of revenues from the medical system. This concept affects greatly the service delivery capability of insurance companies.

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