Financial Characteristics of Health Care
Financial Characteristics of Health Care
Pamela S Hill
HCA 340
Wanda Carter
October, 16, 2011
"Quality healthcare management includes the financial growth and viability of the healthcare organization. A healthcare organization can realize quality healthcare management only when it is fully staffed with medical and managerial professionals and is able to invest in the most advanced equipment". (eHow.com). In 2009 it was reported that 46 million Americans were uninsured. In 2011 the uninsured has risen to 50.7 million people. This was due to people losing their jobs, the recession, companies downsizing, and some companies dropping employee health insurance. What can this really mean? With just one person being uninsured in the United States that is still too many. Did you know that Health care is not the same as health insurance? “Everyone in the U.S. - including those illegally in the U.S. -- is guaranteed access to basic health care. Under a 1968 federal law, all patients seeking care in hospital emergency rooms must be given a minimum level of treatment, regardless of their ability to pay or health insurance status. The law applies to all hospitals that participate in Medicare -- which most do - and requires the hospitals to provide initial patient screening, life-saving and "stabilizing" emergency care and transfers to advanced trauma centers, if needed. Those services must be provided without asking about the patient's ability to pay. Of course, the growing demand on hospitals to
Provide this minimum level of free care contributes to rising health care costs”. (About.com) In today’s economy the financing of health care is very important because where does all
The revenue comes from for this healthcare delivery system? There are too many people out there that are not able to afford the health care that is needed. We depend largely on the Government to help with this problem. Some suggest we do not want the government to be involved. But
Pamela S Hill
HCA 340
Wanda Carter
October, 16, 2011
"Quality healthcare management includes the financial growth and viability of the healthcare organization. A healthcare organization can realize quality healthcare management only when it is fully staffed with medical and managerial professionals and is able to invest in the most advanced equipment". (eHow.com). In 2009 it was reported that 46 million Americans were uninsured. In 2011 the uninsured has risen to 50.7 million people. This was due to people losing their jobs, the recession, companies downsizing, and some companies dropping employee health insurance. What can this really mean? With just one person being uninsured in the United States that is still too many. Did you know that Health care is not the same as health insurance? “Everyone in the U.S. - including those illegally in the U.S. -- is guaranteed access to basic health care. Under a 1968 federal law, all patients seeking care in hospital emergency rooms must be given a minimum level of treatment, regardless of their ability to pay or health insurance status. The law applies to all hospitals that participate in Medicare -- which most do - and requires the hospitals to provide initial patient screening, life-saving and "stabilizing" emergency care and transfers to advanced trauma centers, if needed. Those services must be provided without asking about the patient's ability to pay. Of course, the growing demand on hospitals to
Provide this minimum level of free care contributes to rising health care costs”. (About.com) In today’s economy the financing of health care is very important because where does all
The revenue comes from for this healthcare delivery system? There are too many people out there that are not able to afford the health care that is needed. We depend largely on the Government to help with this problem. Some suggest we do not want the government to be involved. But