The economic effect of the Nursing Shortage will have significant consequences on the aging American population referred to as the “Baby-Boomers,” born between 1946 and 1964. This block of citizens will be making demands on the health care system for quality health care. The unavailability of qualified health care personnel adequately to provide care is a solution worth exploring with economic tools. Economic theories offer the foundational business decision-making tools that guide efficiency among health care managers. The health care environment has to change practice and tactics to remain viable by using evidenced-based business practice models to remain relevant.
Introduction As the contemporary society forges ahead amazingly, the public demand has become increasingly diversified. Advanced Practice Nursing (APN) has been particularly prominent in health care discourse since the 20th century (Brown, 1998). As many of APN’s job scope are overlapping with the traditional medical role, frequently, they are struggled to articulate what it is as nursing-based care providers that they uniquely bring to their patients (Dunphy & Winland-Brown, 2006). Caring is a word often associated with nursing, and it is one of the symbolic characters to differentiate APN from medical team. A transformation conceptual model, the Circle of Caring (Figure 1) is developed by Dunphy and Winland-Brown in year 1998 especially for APN in North America (Dunphy & Winland-Brown, 2006).
The Institute of Medicine functions under a congressional organization through the National Academy of Sciences. They provide advice and have policy input on many kinds of health related issues. This article provides a resource for explaining the dilemma in healthcare which shows the desperate need for quality control in this field. Parikh, N. (2007, March). Medicine and media: A symbolic relationship?
Reporting Practices and Ethics HCS 405 November 21, 2011 Diana Schilling Reporting Practices and Ethics Reporting practices and ethics are a main part for many successful businesses. This can be a complex challenge for health care managers as they deal with the basic elements of financial management to the complex burdens of ethical compliance and accuracy. This paper will discuss the financial reporting practices and ethical standards in health care, and show how health care reform is changing and making organizations more accountable. This paper will explain the elements of financial management, general financial ethical standards, and will view some corporate scandals involving ethics, fraud and abuse. Financial Management There are four elements of financial management; planning, controlling, organizing and directing and decision making.
This company shows that a lot of their employees are prone to have many pre-existing conditions and are high risk at different health problems, which only leads to the company having to pay more money for services that are rendered to the employee. What would be best for this company is making a customize plan that not only would benefit the employees at E-editors but also protect Castor Company with any chances of high risk
Spaeth career path has given him different views on issues in healthcare and therefore giving him a broad understanding of healthcare business. One of the biggest challenges today, he states is the changing structure of health care and a declining work. The declining workforce is seeing stress on the worker as the skilled and educated employee doesn’t want to work more than eight hours or on the week-ends in a 7- days- a- week, 24- hours- a- day hospital setting. Another major issue is that hospitals are becoming more specialized where top dollar reimbursement can be achieved which leaves a gap in the traditional services. Lastly, the issues of senior leaders not spend enough time mentoring younger leaders (Grazier, 2005).
When patients only seek healthcare from an emergency provider their care is more expensive and may be disjointed because emergency providers do not have access to a patient’s complete medical chart. In this situation, duplicate testing is done and medications may be prescribed that are not safe for the patient. The use of the emergency room as a primary care provider and the disjointed care of patients in the emergency room are two of the many challenges that healthcare providers and governments face when a patient with chronic health problems loses their healthcare coverage. One step that may assist governments in providing safe and effective care for patients who do have chronic health issues but do not have health insurance is to provide a healthcare insurance program where the premium cost for the
This creates unnecessary high cost for the hospital. The emergency department becomes over crowded with non-paying patients leaving no space for patients with private insurance. Majority of ED visits from the uninsured could be better served by a primary provider the problem is the uninsured does not have the means to receive such service from primary physicians. One solution is to create a case management program that focuses on serving individuals with a history of using the Emergency Department for non-emergent issue. The program would use case managers and a database tracking system to enhance patient access to regular healthcare services, connect patients to regular healthcare services and help combat logistical interference in getting the right care.
The most concern to the public is the impact that provider risk sharing has on the quality of care a patient receives. Wondering that the providers are negotiating an agreement of their services at the expense of patient health to increase profits under capitation has a direct impact on their professional liability exposure. Among the current factors in the evolution of health plans, the most important is the steady rise in health care costs. Because of this factor this has made it necessary for health insurance premiums to be raised and that in retrospect has made it difficult for employers and consumers to afford