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    Healthcare Finance

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    Scenario:

    Governmental sources (public programs) and private payers are just a few examples regarding sources of health care revenue. Medicare, Medicaid, and managed-care programs are some types of payers that make up the revenue source for health care organizations.

    Compare and contrast the characteristics of the following reimbursement sources:

    Medicare
    Medicaid
    Managed care
    Commercial

    Reimbursement source above, and need to have the following information

    A summary of the program
    Purpose of the program
    Eligibility
    Benefits of the program

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    https://brainmass.com/business/finance/healthcare-finance-386123

    Solution Preview

    Scenario:

    Governmental sources (public programs) and private payers are just a few examples regarding sources of health care revenue. Medicare, Medicaid, and managed-care programs are some types of payers that make up the revenue source for health care organizations.

    Compare and contrast the characteristics of the following reimbursement sources:

    Medicare

    A summary of the program

    This is the healthcare for the aged. This program is available to persons 65 and above and is a federally administered system. The program provides health insurance cover to the aged and those that meet special criteria. Medicare is a social insurance program. It pays for hospital and medical care for elderly and disabled Americans. It has four parts, for hospital, medical insurance, flexibility, and prescription drugs.

    Purpose of the program

    The purpose of the program is to provide health insurance coverage to the disabled and aged.

    Eligibility

    The persons are 65 years or older, and US citizens and have been permanent legal residents for 5 continuous years, are disabled and below 65 and received disability benefits, they need dialysis for end renal stage disease, or kidney transplant, or eligible for Social Security Disability Insurance and have amyotrophic lateral sclerosis.

    Benefits of the program

    There are three types of insurance namely Hospital insurance, Medical insurance, ...

    Solution Summary

    Healthcare Finance is discussed very comprehensively in this explanation..

    $2.19

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