Based on the information presented in this paper, EHRs can be beneficial to the healthcare industry by saving money and reducing errors but also can benefit the patient by having the doctors and hospitals they go to be more efficient, convenient, and allows the caregiver to spend more time with the patient instead of updating paperwork. With the ease of new software in development, healthcare facilities will train properly and quickly so they are not losing focus on the patient. Cost may be a major factor now why the healthcare industry has not already embraced this technology but that will soon change with the new incentive programs coming in the near future. By 2014, these incentives will be in place and the healthcare industry will grow in the 21st
He was later hired as the pharmaceutical industry best lobbyist. Tauzin came up with a formula that could potentially cut drug costs by 80 billon dollars over just 10 years. The president accepted the deal. Obama also announced the broad outlines of the PhRMA deal, which was a breakthrough on the health care reform. He also wanted to create a bill that was beyond Washington beyond partisan politics.
These topics would be reform so Americans would live happily. How he would do this is by changing it if he becomes President. This would also mean he would be first Black to become a president with good reform to make it easier in everyday life for middle class status. First of all, Obama would change the health care. The reason for this is because people are too often offered two extremes and they are government run health care with higher taxes or letting the insurance companies operate
I. Issues. During the 2008 presidential campaign, the easy phrase “universal healthcare” seems to be a mighty hook to catch people’s attention. However, it is not as easy as what the candidates’ rhetoric speeches sound. Universal healthcare is a system that extends health care coverage to all citizens.
People could change jobs without fearing the loss of health insurance. Conclusion: Now that I have explained the benefits of having a free health care system for U.S; I hope that those of you who were unbelieving can start to believe and those of you who already knew can start to trust. If the U.S government decides to offer a free health care system, it would be a great benefit for all. Bibliography "Income, Poverty and Health Insurance Coverage in the United States: 2010." U.S Census Bureau, News Room.
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
Nusrath Choudhury PAS -- Oct. 22, 2013 X02611409 On March 2010, President Obama signed into law the Patient Protection and Affordable Care Act (ACA and also nicknamed Obama Care). Its purpose is to reform the health insurance industry and the American health care system as a whole. The law contains over a thousand pages of provisions that give Americans more rights, protections, and expand access to affordable quality health care to tens of millions of uninsured. The legislation also paves the way for pharmacists to demonstrate their value by expanding patient access to pharmacists’ services in hospitals and health systems. In the paragraphs below the key advantages and disadvantages will be discussed in further detail,
This will also allow for more patient interaction in the health care process. The fourth objective is “Initiating the reporting of clinical quality measures and public health information.” (Meaningful Use, 2013) The more reports are generated the fewer mistakes will be made and better decisions will be made. Outcomes will be easier to predict which will help cut down on long recovery periods and saves
With the rising costs and increased focus on experience and quality for the patient, the market for healthcare services will grow even more competitive as regulations increase. By consolidating, both hospitals and insurers can both prosper in this new era and achieve the goals of improving experience of care, improving health of populations and reducing cost per capita. Consolidation will allow hospitals to reduce costs because they will be guaranteed for their work and protected from costly mistakes. At the same time, insurers can benefit by having a concentrated patient group and increase the number of covered lives, thereby increasing profits for both the hospitals and
Pay for performance, also referred to as incentive pay or P4P incentive programs are designed to overcome the limitations of current reimbursement arrangements by aligning financial reward with improved outcomes. These idioms pertain to health care payment systems that reward health care providers for their efficiency. Under the current mode of operation, providers are paid for each service performed, giving our health care providers the financial enticement to perform as many services as they possibly can. This can possibly lead to abuse in over prescribing medication and ordering unnecessary testing. By adopting a pay for performance stance on impacting the preventative side of health care, a substantial savings in rising health care costs may be met.