Although managed care has been shown to reduce costs, it is probably not the answer to all of America’s health care problems. Some HMOs have made money through risk selection, accepting mostly healthier patients. Other HMOs may find it difficult to maintain quality of care once the easy savings from discounting and substitution have been taken and thus may be tempted to reduce services in precisely those areas where patients, hampered by information asymmetry, depend most on professionals for monitoring
One being that congress has found that multiple hospitals throughout the United States do not have enough staff to safely and adequately care for patients. They also found that the research shows patient safety is directly related to the amount of registered nurses (RNs) working. If staffing is adequate, there is a decrease in negative patient outcomes such as falls, medication errors, infection, and even death. Overall, inadequate staffing forces nurses to perform in an environment that does not support quality health care (H.R. 876/S.58, 2011).
The loan will be paid faster and the business will keep moving forward. The changing skill mix is another good idea. When other staff members of different degrees are hired, the hospital will save money. Some people with higher degrees require a contract. This usually involves a lot of money.
So the return to the company will be lower as well. This is the better chose of the two plans with the health condition of the employees. The health plan is going to cost more but you pay for better services. It is like the saying “you pay for what you get”, such as if you pay a lower premium than you will have certain network of hospitals, physicians, and treatment centers that may not have the same results of paying more money and receiving better service. The Castor Enhanced plan can be overhaul to fit the need of the employees.
There wasn’t any evidence of less staff equaling more patient falls, even when nursing hours were increased, there were still falls. The main reason for additional falls could have been increased patient load during “sick” season and patient being confused due to being medicated. Bed alarms need to be used and staff need to round more frequently. Recommendation of gathering different forms of data so that the root cause of the falls can be determined. The actions developed to improve VAP seemed to have been a major factor in reducing VAP during FY09.
In an effort to realign the hospital staff; administration decided that it was costing the organization a lot of money to employ a high flux of Registered Nurses (RNs) at the Extended Care Facility (another 24-hour Skilled Nursing Services and Rehabilitation inpatient services provided by Hilo Medical Center). Leadership decided to weed out the number of RNs in the ECF and have more LPNs work in the ECF instead. LPNs were targeted due to what management thought as LPNs were limited in their scope of practice in the acute care setting, so the management decided that they would not be needed on the Acute Care Units any longer. All LPNs employed in the hospital would be transferred in doing duties in the ECD. The only downfall on leadership for the Medical Unit was getting backfill for the LPNs that were being transferred off the floor.
Chantra Horton ACC281 Accounting Concepts for Health Care Professional The California Sutter Health Approach Mark Strictlett January 30, 2012 An increasing issue within the health care field is the inability to collect debt from the growing population of uninsured or underinsured patients. Health care organizations may be struggling to meet operational margins because the industry has never treated its customers like other retail- oriented sectors of the economy. Hospitals incur sixty billion dollars in bad debt annually because the typically collect only ten to twenty percent of a total uninsured patient balance after service. This is due to a number of reasons, including poor accounting practices, or a lack of patient information.
This can reduce the readmission process and rate at the organization along with financial gain and improving the satisfaction of patients. Emergency room wait times also can be improved to reduce the financial stability of the healthcare organization. Often times, there are so many patients waiting in the emergency room to be seen, making time is hard to attend to every patient at an adequate time frame. By improving those areas mentioned at the facility, the organization can focus on the mission and the commitment of good service and performance at the
It will assist to make sure the obedience in the legal condition of health care and it will assist to decreased the costs and provide a superior care than before (Finnegan, 2012) Technology will assist with more communication services, electronic medical records, and more computers doctors order entry solutions and many more things than before (Finnegan, 2012). Patients will satisfy with the excellent services and care they are being provided. Financial and Economic
Imagining a system where the doctor spends more time keeping you healthy with new methods, treatments and information, then he or she does in treating any illness. The status quo is not an option as some politicians claim because 14,000 people lose their health insurance every single day. This is on top of the 46-million who are already uninsured for various reasons. Obama’s healthcare reform will answer most of these