US Healthcare Financial Analysis

The US health care system has a long history of success, but yet has been defeated on several occasions. On multiple occasions the US has tried to succeed with great efforts to establish a good baseline at their success for the financial aspects of the health care industry. With many laws and regulations that have passed over the decades the US still comes up short and has many disaffects towards, the funding of the health care industry. There is an incredible amount of financial costs for both insurance based public and private within the administrative portion. Financial management is an extremely important aspect that is impacting health care the health care industry. There are major sources of healthcare finances, which include the out …show more content…
Currently it costs over $250 billion dollars annually in health care administration cost throughout the United States. Private healthcare financing is known to be over $70 billion dollars annually. Between the both that is well over $300 billion dollars annually that is spent just on health care administration cost in the United States. In depth, health care administration costs take over the administrative sectors of the Hospitals, Home Health care agencies, Nursing Home Care facilities, Employers costs, Providers, etc. Public health care covers sectors would include such as Medicare and Medicare and any other government funding program for …show more content…
Looking back at the financial principles there are many factors that are construed to play a certain factor in all this. The financial management aspect will always be important under the financing for public or private administrative cost. Moving forward in years to come, there will still be new laws and regulations that will be passed, as well a new president in office and lobbyist. The major forces of payments will not go away and we will always of the financial burden on administrative health care costs and through the health care industry. Without all of the key elements and funding sources of health care, the US would not be able to serve with elements of the health care industry without government assisted programs, low-income families would more than likely have to go without medical, without employer based sponsored health plans, those would have to go without, and last but not least people that are solely on their own, need to provide insurance through private health care