Health Care Organizations: Finance
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Please help with some information regarding this assignment, and this is not an essay:
"identifies forces that can impact a healthcare organizations financial position. Critically discuss on how payer mix, uninsured patients, and the economy can impact a healthcare entity's financial position."
400 words
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Solution Summary
The answer to this problem explains health care organization financial pressures. The references related to the answer are also included.
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There are several forces that can impact health care organizations' financial positions. The implementation of the Obama Health Care policy will have a strong impact on the financial positions of health care. There are limits about the profits that may be earned by the organizations. As more people avail themselves of affordable insurance, it means there will be lower margins for health care facilities. There are stringent reimbursement policies for low cost insurance. With expansion of Medicaid and CHIP there will be lower margins. The health care organizations will barely be able to cover their operating costs. The health care institutions will have difficulty in making capital investments. The new policy prescribes that more cannot be charged from patients who are regularly or chronically sick. The ...
Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
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