| |Each entity provides a variety of |across the board | | | |health care needs | | | | | | | | | |Each expenditure must be accounted | | | | |for | | | |Differ|For profit health care facilities |Not for profit health care |Regulated by the federal government as a federal entity | |ences |will turn away patients who are |organizations will accept and | | | |unable to pay with the exception of |treat patients regardless of their|Relies on federal funding and expenditures to generate a profit
Instead of debating whether or not health care should be universal, the U.S. should be debating on which venues to take to guarantee that all of its citizens have the right to health care. Health care should be considered a basic right not a luxury reserved for the wealthy and the struggling middle class that is able to afford some of it. Human life has greater value than money. Ironically, in the U.S. we rely on private insurance companies that are for profit and that don’t take into a consideration a patient’s health or economic condition. Why do we allow such a system to
This system would be financed by eliminating the need for private insurance companies and reduce the amount of money waste on expensive administrative staffing expenses. A single payer health care program with universal coverage would be able to save money by allowing better coordination between providers and a continuity of care that is not possible to get from other insurance plans with an average saving possibility of more than $400 billion a year (Silver,
Financial Environments Worksheet HCS577 Anita Cohen July 23, 2012 Dr. Dominique Sweeting Financial Environments Worksheet Identify three examples of entities with for-profit, not-for-profit, and government financial environments in the health care industry. Compare the similarities and differences between the for-profit, not-for-profit, and government financial environments. | |For-Profit |Not-for-Profit |Government | |Example|Edward White Skilled Nursing unit- St. |1. Regents Park Sunrise- Sunrise, Florida |1. Jackson Memorial- Miami, Florida | |s |Petersburg, Florida |(Nursing Home) | | | |Cleveland Clinic Hospital- Weston, Florida| |2.
Nonprofit versus for-profit healthcare and organizations analyze the characteristics of each type of organization and the factors that impact operations: “As tax-exempt organizations, nonprofit healthcare providers have a duty of serving communities and providing care without regard for a patient's ability to pay. The financial bottom line of nonprofits is covered by charging more to patients who can pay bills, to cover those who can't. For-profit providers look at healthcare as a business, with a financial bottom line that produces profits distributed to shareholders. There is no clear evidence that nonprofit hospitals or for-profit hospitals as a whole are better than the other. A 2002 Canadian study of 26,000 U.S. hospitals, found that for-profit hospitals had a 2 percent higher mortality rate than nonprofit hospitals.
Certification affords hospitals to participate in federally funded Medicare and Medicaid programs. Accreditation is defined as “A self-assessment and external peer assessment process used by health care organizations to accurately assess their level of performance in relation to established standards and to implement ways to continuously improve.” (Raik, 2001) Continuous improvement should be the ultimate goal when providing health care to the public whether it is a private for profit organizations or a community health center that is not for profit. There are both national and international accreditation bodies that survey and provide hospitals with accreditation. In the United States the standard for hospital accreditation is the Joint Commission on Accreditation of Healthcare Organizations (JCAHO), which per
Almshouses were religious and were supported by donated money and services. Traditionally, hospitals were immune from tort law because they helped the poor, advanced education and religion, and provided for the community. However, after the Civil War, the rationale for supporting charitable entities changed due to the transformation of healthcare. The transformation that occurred included: Governmental programs and healthcare plans that paid for operating expenses; Liability insurance to defend costs and jury awards; and Healthcare’s change to a market-driven industry. An understanding grew that non-profit organizations should be treated the same as other companies regarding third party liability claims.
Access to Insurance versus Access to Care: Health care, is the provision of medical services by physicians, hospitals, clinics, and other health providers. Access is also the ability to obtain these services. The payment methods for health care services may vary either with private funds or insurance. The insurance is a third party that completes the transaction by paying the provider for the services received by the insurer. Health insurance limits health care access and consumer’s financial well-being.
Consumer-Driven Health Care: Answer to Global Competition or Threat to Social Justice? Social Work; Oct2009, Vol. 54 Issue 4, p307-315, 9p Song, P.H., & Smith, D.G.(2007). Financial Preconditions for Successful Community Initiatives for the Uninsured. Journal of Healthcare Management; Nov/Dec2007, Vol.
Would it be better for the United States? In order to make a clear decision of which could potentially be better for a country you need to have a fine understanding of the two kinds, and you need to understand the ins and outs. In a public healthcare system the people of a country pay high taxes to build a nice bank account that goes toward paying for complete healthcare to all people in the country. The high taxes may contribute to the economy by taking a percentage of money out of the people’s hands, but to pay off the costs the people are then provided health coverage that any family income can afford. This may seem like a win/ win situation but there is much more to it than that.