ZuoTi.Pro
Question

1.Who is KY Health Cooperative? What is some information on this company? 2. Why did KY...

1.Who is KY Health Cooperative? What is some information on this company?

2. Why did KY Health Cooperative close?

3. What happened to all of the people KY Health Cooperative insure? What happened to their employees?

4. If you are the CFO of a large healthcare organization what would you do? (Your the CFO right as they were closing.) You are in network with this payer you will still need to service their insured members. You have major concerns they may not pay because they already owe your organization over $2,000,000 in your accounts receivable they have not paid that is over 120 days old. What do you do now? What will you do moving foward?
science   nursing   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Answer: The KY Health Cooperative is the non profit Health insurance company which used to serve 120 Kentucky counties. This company provided Health insurance to the people.

The KY Health Cooperative closed because of the various financial hazard. The company came under huge debts and hence was unable to provide the money back to the health insurance holder.

The liquidation of this company leads to face major issues to the employees, most of them were didn't get payments. Most of the people who got insured lost their amount.

0 0
Add a comment
Know the answer?
Add Answer to:
1.Who is KY Health Cooperative? What is some information on this company? 2. Why did KY...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • 1) Locate a health care-related balance sheet. - The source of the balance sheet can be...

    1) Locate a health care-related balance sheet. - The source of the balance sheet can be internal (within a health care facility, heath care organization, health care institution of some type) or external health care related article that includes a balance sheet (from a published article or from a health care company’s annual report, for example). The balance sheet of choice can also be on a quarterly basis and or annual basis. -Post a copy of the balance sheet as...

  • 1. What is health literacy and how can it impact patients? 2. What are some strategies...

    1. What is health literacy and how can it impact patients? 2. What are some strategies a healthcare system or clinic can employ to improve health literacy? 3. Do you believe creating documents for patients to interpret (i.e. consents) without taking into consideration health literacy is an ethical issue (please explain your answer)

  • 1. Why are CQI initiatives important for hospitals and health systems? 2. Discuss the benefits of...

    1. Why are CQI initiatives important for hospitals and health systems? 2. Discuss the benefits of automating EHR workflow templates to increase patients' access to quality care or to reduce harmful or preventable adverse incidents 3. What role do hospitals have in advancing CQI health outcomes and modernizing U.S. healthcare delivery models? Hospital clinical care teams require access to patient vital signs in real time uire access to patient vital signs in real time at the point of care to...

  • 1.What is real GDP and why is it considered an indicator of the economy’s “health”? 2....

    1.What is real GDP and why is it considered an indicator of the economy’s “health”? 2. Why do economists believe real GDP is a better measure over nominal GDP? 3. How many recessions has the U.S. had in the last decade? When was the last recession and how long did it last? 4. What are the four main GDP expenditure categories? 5. What has happened to GDP in the last year? Which spending categories have gone up? gone down?

  • Hello there could you please answer to this question. CHAPTER 16 Basics of Health Insurance 315...

    Hello there could you please answer to this question. CHAPTER 16 Basics of Health Insurance 315 of different at a fixed have sepa association thcare pro providers er fee-for- 5. Rather ae HMO nt's PCP with the annually the cost Preferred Provider Organization APPO is a managed care nework that contracts with a group of providers the providers are on a predetermined list of charges for all services, including those for both normal and complex proce- dures. The PPO model...

  • 13. Bozeman Health's Competitive Dilemma By Eric Connell proximity Bozeman Health is a not-for-profit health system...

    13. Bozeman Health's Competitive Dilemma By Eric Connell proximity Bozeman Health is a not-for-profit health system that operates in southwest Montana. The main hospital in Bozeman has 86 beds, a Level 3 trauma center designation, and a medical staff of over 200. It has patient revenue of approxi- mately $350 million. Bozeman is home to Montana State University (approxi- mately 15,000 students) and is a haven for outdoor recreation because of its to mountains, rivers, and Yellowstone National Park. The...

  • 1) Locate a health care-related balance sheet. - The source of the balance sheet can be...

    1) Locate a health care-related balance sheet. - The source of the balance sheet can be internal (within a health care facility, heath care organization, health care institution of some type) or external health care related article that includes a balance sheet (from a published article or from a health care company’s annual report, for example). The balance sheet of choice can also be on a quarterly basis and or annual basis. -Post a copy of the balance sheet as...

  • Title: Partners Health Care Systems (PHS): Transforming Health Care Services Delivery through Information Management According to...

    Title: Partners Health Care Systems (PHS): Transforming Health Care Services Delivery through Information Management According to government sources, U.S. expenditures on health care in 2009 reached nearly $2.4 trillion dollars ($2.7 trillion by the end of 2010).[1] Despite this vaunting national level of expenditure on medical treatment, death rates due to preventable errors in the delivery of health services rose to approximately 98,000 deaths in 2009.[2] To address the dual challenges of cost control and quality improvement, some have argued...

  • Sunset Health Systems is a national provider of healthcare. They have 62 wholly owned hospitals in...

    Sunset Health Systems is a national provider of healthcare. They have 62 wholly owned hospitals in 39 states. Within each state are ambulatory surgery centers (ASCs) that also support the hospital communities with outpatient surgical services. Finally, Sunset also owns a total of 120 physician clinics that support the patient flow into the Sunset hospitals and ASCs. Sunset revenues for 2017 were $439 million. The CFO, Robert Staley, reported to the CEO, Bill Rush that the organization had spent $225...

  • THE HEALTH INFORMATION management (HIM) profession is nothing if not resilient. With every change in the...

    THE HEALTH INFORMATION management (HIM) profession is nothing if not resilient. With every change in the process of health data collection, maintenance, and use, HIM professionals have adapted to industry transitions to ensure health information quality for effective decision-making. The most recent changes—triggered by the rapid implementation and use of electronic health record (EHR) systems and associated technologies—is yet another transition that requires the HIM profession to adapt. ms most recent change is unique because of its pace. Major changes...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT