Week 6 Discussion - Responsibility Who's responsibility is it to communicate pricing to patients (hospitals, government,...
Week 6 Discussion - Responsibility Who's responsibility is it to communicate pricing to patients (hospitals, government, insurance companies, physicians, others) ?
Homework Answers
Answer: It is the physicians responsibility to communicate pricing to patients. The physician is the main provider of the medical care and treatment. Physician look after the needs of the patient care and the specific treatment the patient requires.
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Week 6 Discussion - Responsibility Who's responsibility is it to
communicate pricing to patients (hospitals, government,...
Federal/state government (including Medicare and Medicaid) - Patients - Employers - Providers - Hospitals - Insurance...
Federal/state government (including Medicare and Medicaid) - Patients - Employers - Providers - Hospitals - Insurance companies - Health Maintenance Organizations (HMOs) and similar healthcare plans. We are looking for ways to control healthcare costs and increasingly are demanding more efficiency in benefit programs. Pick one of these market players and describe a recent effort made to control costs. Was it successful? In your opinion, why or why not?
Discussion Question #2 Medical tourism is a recent trend in health care. Patients go to a...
Discussion Question #2 Medical tourism is a recent trend in health care. Patients go to a different country for either urgent or elective medical procedures. The procedures are the same procedures being done in U.S. hospitals and outpatient surgery centers, often by American-trained physicians who have moved back home. Medical tourism is fast becoming a worldwide, multi-billion- dollar industry. In fact, some insurance companies are paying for the cost of the procedures, as costs are far less than those charged...
Discussion Question #3 Patients with Alzheimer's disease sat, twice each week, unsupervised inside a small room...
Discussion Question #3 Patients with Alzheimer's disease sat, twice each week, unsupervised inside a small room of a memory care facility watching the movie Forrest Gump. Each time the patients sat in front of the television watching the movie, the facility submitted insurance claims for providing "group therapy." Is this practice legal and appropriate, or is it an example of health care fraud?
There are many stakeholders in healthcare, including patients, physicians, providers, administration, employees, communities, and various government...
There are many stakeholders in healthcare, including patients, physicians, providers, administration, employees, communities, and various government agencies and entities, in addition to payers, insurance companies and claims administrators. Stakeholders may vary, depending on the type of healthcare organization or the state(s) in which it operates. Discuss the types of healthcare organizations in your area: List types of healthcare organizations in your area Explain the role these organizations play in the local community Give examples of state or local political or...
as future hospital administrators, are the winners: hospitals, physicians, insurers and payers or patients? Are some...
as future hospital administrators, are the winners: hospitals, physicians, insurers and payers or patients? Are some form of regulation required to keep the market competitive? Do these trends go against the historical roots of US medicine? And if they do, how might they affect the current hospital governance structure? Are members of the medical staff truly independent if they are employees? Reading that goes along with the question above......... Hospital acquisition trends continue to persist, according to a report from...
2-6Hospital Patient Mix Study Appendix 2A. Hospitals measure their volume in terms of patient-days. We calculate...
2-6Hospital Patient Mix Study Appendix 2A. Hospitals measure their volume in terms of patient-days. We calculate patient- days by multiplying the number of patients by the nurhber of days that the patients are hospitalized. Suppose a large hospital has fixed costs of $54 million per year and variable costs of $600 per patient- day. Daily revenues vary among classes of patients. For simplicity, assume that there are two classes: (1) self-pay patients (S) who pay an average of $1,000 per...
2-61 Hospital Patient Mix Study Appendix 2A. Hospitals measure their volume in terms of patient-days. We...
2-61 Hospital Patient Mix Study Appendix 2A. Hospitals measure their volume in terms of patient-days. We calculate patient- days by multiplying the number of patients by the number of days that the patients are hospitalized. Suppose a large hospital has fixed costs of $54 million per year and variable costs of $600 per patient- day. Daily revenues vary among classes of patients. For simplicity, assume that there are two classes: (1) self-pay patients (S) who pay an average of $1,000...
WEEK 6 DISCUSSION ANSWER TWO OF THE FOLLOWING QUESTIONS: 1: How have accounting techniques changed in...
WEEK 6 DISCUSSION ANSWER TWO OF THE FOLLOWING QUESTIONS: 1: How have accounting techniques changed in recent years? How do they resemble practices in Italy during the Renaissance? 2: How has the Security and Exchange Commission (SEC) improved reporting measures for publicly held companies? What are the weaknesses in SEC procedures? 3: Do private or not-for-profit organizations need to be concerned about auditing and fraud? Discuss the similarities and differences with public, for-profit companies.
WEEK 6 DISCUSSION 2 ANSWER TWO OF THE FOLLOWING QUESTIONS: 1: Do private or not-for-profit organizations...
WEEK 6 DISCUSSION 2 ANSWER TWO OF THE FOLLOWING QUESTIONS: 1: Do private or not-for-profit organizations need to be concerned about auditing and fraud? Discuss the similarities and differences with public, for-profit companies. 2: Explain the importance of separation (or segregation) of duties in regards to financial and security controls. Provide additional examples. 3: Explain the different components of a financial balance sheet. Include how this is important for security.
Insurance companies and consumers are interested in the performance of iospitals. The government releases data about...
Insurance companies and consumers are interested in the performance of iospitals. The government releases data about patient outcomes in hospitals that can be useful in making inforned health care decisions. Here is a two- way table of data on the survival of patients after surgery in two hospitals. All patients undergoing surgery in a recent time period are included. "Survived" means that the patient lived at least 6 weeks following surgery Hospital pital Died 16 784 800 2037 Total 2100...
Discussion Question #2 Medical tourism is a recent trend in health care. Patients go to a different country for either urgent or elective medical procedures. The procedures are the same procedures being done in U.S. hospitals and outpatient surgery centers, often by American-trained physicians who have moved back home. Medical tourism is fast becoming a worldwide, multi-billion- dollar industry. In fact, some insurance companies are paying for the cost of the procedures, as costs are far less than those charged...
Discussion Question #3 Patients with Alzheimer's disease sat, twice each week, unsupervised inside a small room of a memory care facility watching the movie Forrest Gump. Each time the patients sat in front of the television watching the movie, the facility submitted insurance claims for providing "group therapy." Is this practice legal and appropriate, or is it an example of health care fraud?
2-6Hospital Patient Mix Study Appendix 2A. Hospitals measure their volume in terms of patient-days. We calculate patient- days by multiplying the number of patients by the nurhber of days that the patients are hospitalized. Suppose a large hospital has fixed costs of $54 million per year and variable costs of $600 per patient- day. Daily revenues vary among classes of patients. For simplicity, assume that there are two classes: (1) self-pay patients (S) who pay an average of $1,000 per...
2-61 Hospital Patient Mix Study Appendix 2A. Hospitals measure their volume in terms of patient-days. We calculate patient- days by multiplying the number of patients by the number of days that the patients are hospitalized. Suppose a large hospital has fixed costs of $54 million per year and variable costs of $600 per patient- day. Daily revenues vary among classes of patients. For simplicity, assume that there are two classes: (1) self-pay patients (S) who pay an average of $1,000...
Insurance companies and consumers are interested in the performance of iospitals. The government releases data about patient outcomes in hospitals that can be useful in making inforned health care decisions. Here is a two- way table of data on the survival of patients after surgery in two hospitals. All patients undergoing surgery in a recent time period are included. "Survived" means that the patient lived at least 6 weeks following surgery Hospital pital Died 16 784 800 2037 Total 2100...
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