An analysis of the reimbursement status of the state of Washington and the federal government programs such as the Medicare and Medicaid services. In Washington there was a legislation procedure that allowed for an increase in Medicaid payments for certain hospitals that have been …show more content…
The first aspect is the Seattle Children 's Hospital foundation that main purpose is to support the hospital with fundraising activities that benefit the Seattle Children 's Hospital. Another aspect of financial funding for the organization is the Seattle Children 's Hospital Guild Association which supports the facility and any know known associates by an established network of members that pay a fee and fundraising events. Another aspect of financial funding for the hospital is Seattle Children 's Retail store that was established to support the hospital through the financial revenue of the thrift stores. The three funding aspect of the Seattle Children 's Hospital transfer funds to the hospital on very discrete basis when the funds are considered unrestricted. The three areas of funding have to also abide by rules set forth by the donors when the funds have a restricted contributions label (KPMG,