REGULATORY CAPTURE THEORY Capture theory assumes‚ firstly‚ that all members of society are economically rational. Therefore‚ each individual will pursue his or her self-interest to the point where the private marginal benefit from lobbying regulators just equals the private marginal cost. Regulation has the potential to redistribute the wealth. Therefore‚ people lobby for regulations that increase their wealth. Second‚ the capture view assumes‚ as with public-interest theory‚ that the government
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Health care regulatory agencies supervise professional of the health care profession such as physicians‚ hospitals‚ and labs. Providing information in regards to changes in health care along with ensuring the safety and legal compliance and the quality of services provided to the public is the duty assigned to the agency. These agencies can range from the federal‚ all the way to the local level with the task of establishing rules and regulations for the health care industry to follow
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Electronic Data Capture Name: Institution: The benefits of increased efficiency as a result of using Electronic Data Capture (EDC) and electronic data management has been in existence for a number of years. However‚ the adoption of EDC for clinical trials has been gradual. This is because of the experience required in implementing EDC. Implementing EDC in clinical trials may not bring out all the benefits associated with EDC if it is not implemented properly. This is the main reason
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Regulatory agencies play a very important role in the healthcare industry. They make sure that hospitals and healthcare practitioners follow the appropriate regulations and policies. Regulatory agencies work in federal‚ state and local level. Majority of the regulatory agencies are government agencies‚ but they are a few private regulatory agencies for example the joint commission. Regulatory agencies work and collaborate to enhance the outcome of the United States healthcare. Their number one priority
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Material Health Care Information Systems Terms Define the following terms. Your definitions must be in your own words; do not copy them from the textbook. After you define each term‚ describe in 40 to 60 words the health care setting in which each term would be applied. Include at least two research sources to support your position—one from the University Library and the other from the textbook. Cite your sources in the References section consistent with APA guidelines. |Term
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Regulatory Agency Paper HCS/430 Version Five College of Natural Sciences Legal Issues in Health Care: Regulation and Compliance October 14‚ 2013 Regulatory Agency Paper The industry in healthcare requires that its foundation in leadership is to follow procedures‚ rules‚ and regulations‚ which will help an organization‚ succeed in their leadership role in healthcare. This paper will identify important aspects of governmental or other agency such as Joint Commission
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Suggest the key financial drivers that most likely will cause health care organizations to merge. Provide support for your rationale. Cost is the driver that will most likely cause healthcare organizations to merge. Most healthcare organizations have issues with spending. Most industries today are faced with a variety of obstacles in achieving or remaining profitable. The healthcare industry is no exception. Profitability is enough of a challenge under normal circumstances‚ but especially so during
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The health care system of the United States has a number of challenges‚ the most commonly stated ones are the ever increasing cost of care‚ low quality performance‚ and inaccessibility (McCarthy & Hart‚ 2011). Various attempts have been made through the years to tackle these challenges‚ one of which has been the introduction and use of Information Technology (IT) in health care (Naylor‚ Kudlow‚ Li‚ & Yuen‚ 2011). The Health Information Technology for Economic and Clinical Health (HITECH) Act initiative
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Term Definition How It Is Used in Health Care Health Insurance Portability and Accountability Act HIPAA was established in 1996 by Congress to protect patient information and how it is used. This act gives patients more control over how their information is used and gives them access to their own medical records (MedTerms‚ 2012). HIPAA is a huge part of health care. All healthcare providers use HIPAA regulations. It basically dictates how health information will be used by healthcare
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HEALTH CARE ORGANIZATIONS * Laboratory Medicine (clinical pathology) * A medical discipline in which clinical laboratory science & technology are applied to the care of patients. * Comprises several major scientific disciplines: clin chem & urinalysis‚ hematology ‚ microbiology‚ immunology & blood banking‚ for some laboratories cytogenetics‚ toxicology & other specialized divisions are present. USE OF THE CLINICAL LABORATORY * Serve to educate the physician
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