Essay on Article Summary

653 Words Aug 17th, 2012 3 Pages
Third Party Reimbursement and Risk Management

Article Summary

A. Summary
1. Introduction
2. Studies
B. Personal Reaction
1. What I learned
2. What I think
C. Application in classroom setting
1. The HIPPA Act
2. Ethics as the core

Risk management gives rise to various policies, which focus on making patients and clients secure since they can access care in diverse hospitals. Indeed, the exposure of patients to various risks during the treatment process affects their livelihood. The article indicates that most patients and legal representatives are not genuine since they sue the health care providers to their own advantage. Consequently, physicians
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A new policy is drafted that concerned inquiries into claims of negligence. From case studies, these approaches are thriving because many settlements are not expensive. However, standards are not set for all health entities. Ethical ideology is encouraged by the risk managers to the physicians unlike for the private sectors since they have to involve dissimilar insurance entities. Prior to adopting this policy, the concerned entities consider their benefits basing on economical concerns (Landsman, 2010).
I learned that most factors that determine medical malpractice payments fail to relate to medical care. This has led to difficulties in deriving standard policies for adoption by both the government and concealed health care facilities. The preeminent policy ought to accord patients the foremost priority. The policy, which arises from ethics by both parties, will lead to diminished costs in recompense since it encourages local arrangements by the parties. The many parties involved in the health sector have created difficulties in setting up standard policies that manage risks. The medical institutions directed by the administration enjoy more privileges in comparison to the private entities. I think that for private institutions to adopt the policies by the government, they have to involve insurance institutions. This gives rise to increased expenses for risk management thus creating challenges on policies’ adoption.

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