The rising healthcare costs continue to be a problem in the Unites States. A major factor is the increased spending on prescription medications. This issue remains heavily debated in the political arena and in healthcare. In the United States people pay the highest cost for prescription medications in the world despite income levels or insurance coverage. The difference in prices is enormous compared to other countries such as France, Switzerland, Japan, Canada, and Germany. This problem is…
and Goodman are two economist that are trying to help the public understand exactly what is going on in the Health care economy. They both feel that they have a grasp on exactly what is going to fix the situation, but their ideas are vastly different. Each thinks a different party should be in charge. Summaries Both of these economists have ideas about what would help fix the health care issues. Their books are filled with their ideas on what patients, doctors, insurance companies, and the…
Healthcare providers are being urged to alter their healthcare practices to adapt to the changing landscape of healthcare delivery. The passing of the Affordable Care Act (ACA) has motivated healthcare administrators and providers to start to alter the method in which services are provided and have outlined new incentives to improve quality. The ACA also promotes innovation in improving quality and delivery of healthcare services while remaining cost effective. Healthcare organizations and…
The debate about providing health insurance for everyone is a heated debate. Personally, I do not think that people have a right to health insurance, but everyone should have an opportunity to gain health insurance, if they prefer. The previous system of delivering healthcare was in desperate need of reformation, but the approach of the Affordable Care Act (ACA) is too drastic and has strained an already stressed system. As a country, programs should be put into place to help the disabled,…
In most areas, your choices in medical care are fairly limited. If you require immediate medical care, it isn’t reasonable to ask for a list of prices and drive from town to town searching for the best deal. This means that the supply and demand under capitalism does not work in the case of healthcare. If you need medical intervention, there is no substitute for that product. The option of choosing no medical care is also often not an option. That’s part of the reason an…
Company is the world’s global digital industrial company that introduces software-defined machines to create solutions in the industry1. They have been a Fortune 500 company for 21 years2. GE is listed on the NYSE (New York Stock Exchange) in the United States, and many others for non-U.S. exchanges3. Over the years they have broadened their technologies and services into eight different industrial operating segments and one financial services operating segment4. Industrial operating segments…
Improve Quality of Care-Integrated Delivery Systems Integrated delivery systems aligns themselves with hospitals, and physician based practices to improve cost and quality of care for the Accountable Care Organizations, (ACO). With the evolving of the Affordable Care Act, (ACA), it will have a direct correlation of the delivery of service through hospitals or physician based practices. The ACO feature of integrated delivery systems will ascertain efficient and coordinated quality care.…
in patient care. The task is to develop an organizational assessment to find the most effective strategy to reduce readmission rates at hospitals and to discuss how the Center for Medicare and Medicaid Services financially penalizes hospitals based off of readmission rates. Background Thomas Jefferson Hospital was established in 1825. Formerly a division of Thomas Jefferson University, the hospital was separated from the University to become a founding member of the Jefferson Health System in…
biomedical model was used in healthcare to affects its policies and practices. This model is described best as a purely biological in its approach. According to the biomedical model, when the body is absent of disease, this is what we call a state of health. Consequently, you will find that the model focuses on pathology and does not place emphasis on on understanding the illness. The biomedical model ideal originate from Rudolf Virchochow, considered the “Father of Pathology”, concluded that…
1. Why does the Medicaid program receive a great deal of attention each year in the state of Florida? From legislators? From providers? From health plans? The Medicaid program of the government plays a critical role in the reduction of the uninsured by expanding eligibility to include nearly all low income adults with incomes at or below 138% of the federal poverty level, but not limited to children and parents, individuals with diverse physical and mental conditions and disabilities, and…