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Please answer the following question in 300word count in Your Own Words if citing reference please...

Please answer the following question in 300word count in Your Own Words if citing reference please add at the end of question

There are several advantages and disadvantages of various revenue sources as payment for services rendered in health care (e.g., managed care, prospective, retrospective).

  • What do you believe are the primary advantages and disadvantages of having multiple revenue sources for health care services offered by an organization for planning and reporting purposes?
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Answer :

Primary advantages and disadvantages of having a multiple revenue sources for health care services :

Advantages are :

* These are lowers the cost of health care services offered by an organization, by providing discount rates.

* the people can get the care with in their network it self, that means referrals may go quickly.

* information will transfer rapidly with in the network.

* it keeps the families together that means patients can choose their health care providers with in the network .

* there is some garentees for care in the organization by cost saving measures.

Disadvantages :

* limits the receiving care those who are not having insurance policies.

* The rules of those organizations are very strict or rigid.

* there is a lack of privacy and confidentiality.

* due to busy , there is a more timing should be wait.

So by seeing these advantages and disadvantages we can believe.

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