StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Health Care Provider Financial Management and Operations - Term Paper Example

Cite this document
Summary
 This paper "Health Care Provider Financial Management and Operations" discusses the operation and management practices in the health care sector. The paper analyses a role in escalating cost of financing health care operations and Introduction of point-of-care management case…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.6% of users find it useful
Health Care Provider Financial Management and Operations
Read Text Preview

Extract of sample "Health Care Provider Financial Management and Operations"

  The escalating price pass on to employers forcing them to pay more to their workers. There has been a need by health care providers to eliminate duplication, reduce hospitalizations and improve coordination; this has also played a role in escalating cost of financing health care operations. Introduction of point-of-care management case has been crucial in lowering the operational cost in health care facilities as there are few hospital readmissions. Anna (2012) indicates that the strategy has given a solid return on investments.

Health care providers with strong market heft can negotiate better on high physician services, unlike independent doctors. Despite efforts to conserve energy, there is still a high rate of energy consumption by health care providers, this leads to escalating operational cost because energy is a necessity in the provision of health care (Anna, 2012).Making a personal opinion, the health care facilities will cut down their operational cost by changing their business model to accommodate the changes in technology and the high patient rate.

On a rather positive note, there has been a downwards forecast on the spending of Medicare, and this trend will continue for life sciences. Health care operations costs have been on the hike rating the increase at about 50 percent. Partnering by the health care providers would help lower costs and the quality of services (Anna, 2012).

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Health Care Provider Financial Management and Operations Term Paper - 1, n.d.)
Health Care Provider Financial Management and Operations Term Paper - 1. Retrieved from https://studentshare.org/health-sciences-medicine/1602016-article-1
(Health Care Provider Financial Management and Operations Term Paper - 1)
Health Care Provider Financial Management and Operations Term Paper - 1. https://studentshare.org/health-sciences-medicine/1602016-article-1.
“Health Care Provider Financial Management and Operations Term Paper - 1”, n.d. https://studentshare.org/health-sciences-medicine/1602016-article-1.
  • Cited: 0 times

CHECK THESE SAMPLES OF Health Care Provider Financial Management and Operations

Capital Equipment Request for Clinic for Women

The scheme can only be initiated according to the present budget and financial plans for the women's clinic.... Long Term financial Viability The long term financial viability at the clinic required the establishment of a realistic budget.... Long term financial viability cannot be achieved if the clinic will not be able to get adequate clients.... This can only be achieved through the availing of cardiac care fund....
7 Pages (1750 words) Assignment

Healthcare Financial Reform

Running Head: Healthcare Financial Reform Name: Institution: Professor: Date: Healthcare Financial Reform Introduction Healthcare systems include organization of institutions, people, and resources delivering health care services in aid of meeting health needs of a certain population (Baker, 2011).... hellip; In many countries, health care system planning involves marketing of the products and distribution by the government.... health care planning and reforms is not revolution but evolutional....
6 Pages (1500 words) Research Paper

Health Care Practice: the Managers Role in the Running of a Health Care Practice

health care practice Name Institution health care practice The General Practice managers are individuals within a health care practice that oversee and develop the functions of a general practice surgeon or a group of surgeons.... For example, in Newham borough the demand for primary health care is huge.... For example, in Newham in the Tower hamlets borough, the major service is primary health care.... Managerial functions are not limited to the daily operations of the practitioner, but he or she also assesses the market and advice the BOARD on the introduction of new services in the General Practice....
10 Pages (2500 words) Essay

Challenges Faced by Insurance Company Bupa from a Global Perspective

A literature review on the company would be done followed by an online questionnaire survey of thirty questions present to 50 customers to understand the present scenario of the business operations in the organization.... 6 Literature Review 6 financial Information 9 Framework of the Study 10 Analysis 10 Discussion 10 Recommendations 11 Conclusion 11 References 13 Appendices 14 Appendix 1: For the managers 14 Appendix 2: For the customers 30 Introduction Health or wellness always remains one of the most concerning issues because chronic diseases have increased in number in today's world and is continuing to increase even further....
13 Pages (3250 words) Research Paper

Strategic Marketing at Wachovia Corporation and Organization Control

The company has segmented its operations based on consumer needs as is evident by its check cards that are based on convenience and demographics.... achovia provides wealth management services and acting as an executor for the clients that have achieved a certain financial success and need more customized plans and deeper involvement from Wachovia.... Services include financial and estate planning, investment and asset management as well as insurance and trust and philanthropic services....
13 Pages (3250 words) Assignment

Health care operations management roles and goals

Overcoming this becomes crucial for the success of operations management and can be achieved by operations management, if it successfully achieves the exchange of information between the various units and professional present in a healthcare organization, as a part of its interpersonal role.... Leading health care Operations Management Roles and Goals health care Operations Management Chase 2003, p.... Managers in health care operations thus have to play several roles....
2 Pages (500 words) Essay

The Financial Management of the Health and Social Care Organization CareTech PLC

While offering these services, the management understands that a prudent financial management can help the company to perform effectively in its area of operation (CareTech, 2014).... In this respect, this paper is focused on assessing the financial management of the health and social care organization; the paper will pay attention to the operations of CareTech PLC.... The second area that is associated with the social care The mental health care, among adults, is provided on the basis of the community based hospital, independent supported living and adult residential care homes (CareTech, 2014)....
13 Pages (3250 words) Essay

Options for Financing Healthcare

The author of the "Options for Financing Healthcare" paper examines the various financing options for health care organizations and their implications for managers, patients, and practitioners in light of Nation Health Service hospitals in the United Kingdom.... nbsp;… Certainly, there are different methods of financing for health care.... ) argue that any sustainable health care system should have reliable access to the workforce, consumable resources, and capital....
8 Pages (2000 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us