Explore BrainMass
Share

Sliding Scale Healthcare Payment Issues

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Some healthcare providers offer these patients a sliding scale so they can pay what they can afford. However, these payments are below cost. What are some other factors that can create issues for the financial accounting within health care organizations?

© BrainMass Inc. brainmass.com October 25, 2018, 9:34 am ad1c9bdddf
https://brainmass.com/health-sciences/health-care-management/sliding-scale-healthcare-payment-issues-579085

Solution Preview

Please see attached.

As noted in your assignment, healthcare organizations suffer a variety of issues resulting in financial accounting difficulties. Besides charitable contribution for patients unable to pay for services other problems exist. Most notably, is being underinsured. The underinsured patient will have insurance coverage inadequate to meet services need. In many cases, these same patients will also lack personal resources to pay additional fees. Decisions must be made as to how this type of financial burden with be handled by the healthcare facility.
Another area creating financial accounting issues is found in the supply chain. Healthcare facilities must operate under well-designed budgets. However, unexpected changes in supply cost will create accounting issues. For example, Company A provides surgical supplies for the facility. A contract has been signed between the two businesses ...

Solution Summary

Multiple factors may influence the financial stability of healthcare organizations. These may present unexpectedly or be the result of long-term issues. This document will introduce several factors that may impact financial accounting in healthcare organizations.

$2.19
See Also This Related BrainMass Solution

Health Care Budgeting

I need to prepare a 1,050-1,400-word paper on Health Care Budgeting Paper, including research and discussion of the impact of government laws and regulations on health care budgeting. Can you give me some guidelines on how to do this?

View Full Posting Details