Provide background information the readiness of a health care organization or network in addressing the health care needs of citizens in the next decade, and include a strategic plan that addresses issues pertaining to network growth, nurse staffing, resource management, and patient satisfaction.© BrainMass Inc. brainmass.com October 17, 2018, 12:46 pm ad1c9bdddf
In the US, the number of people needing long term care is about 10 million. Of the people that needs long term care, 3.6 million ( 37%) were under age 65 and 6 million (63%) were over age 65. Almost 70% of people are turning age 65 and will need long term care at some point in their lives.
First of all let us define what is long term care. Long term care are services and supports that meets the needs of your personal care and needs. Long term care is not medical care, but rather assistance with basic personal tasks of everyday life called ADLs. The everyday tasks are bathing, dressing, using toilet, transferring, caring for incontinence, and eating. The other common long term care services are assistance with everyday tasks called instrumental activities of daily living ( IADLS) including housework, managing money, taking medication, preparing and cleaning up after meals, and shopping for groceries or clothes.
About 70% of people turning age 65 can expect to use some form of long term care during their lives. Your age can matter because the older you are, the more likely you will need long term care. Women will outlive men by about five years on average, so they are more likely to live at home alone. Having an accidents or chronic illness that causes a diability is another reason for needing long term care.
A number of public programs, including Medicare and Medicaid, may help for some long term care services under certain circumstances. Each program must have specific rules about the ...
Long term care are services and supports that you need to meet your personal care needs. Most long term care is not medical care, but basic personal tasks of everyday life, like activities of daily living.
Healthcare Finance Question
1. With respect to financing, what are the main differences between private health care insurance and government sponsored health care for persons over age 65 (Medicare)?
2. Financially, what kind of balance must health care organizations strike in providing care among private pay patients, government program patients and charity patients?
3. How would a health care organization's inability to process patient billing correctly and/or in a timely manner be reflected in its financial statements?