Financial Healthcare topics Essay
Financial Healthcare topics Essay
Each response must be 4 paragraphs 6 lines in length with a minimum of 2 peer-reviewed references in APA Format. No Wikipedia, BLOGS with ads from yahoo.com or google.com, as they present biased opinion. Use peer-reviewed articles to support your thoughts!
1.Hospitals traditionally provide diagnostic and therapeutic services to individuals requiring more than several hours of care, although most hospitals are actively engaged in ambulatory services, including emergency services, as well. Hospitals differ in function, length of patient stay, size, and ownership. How are Hospitals differ in func tion, length of patient stays, size, and ownership?
2.The Securities and Exchange Commission (SEC) has the legal authority to regulate the form and content of financial statements. However, the SEC relies on the following organizations for implementation:
Financial Accounting Standards Board (FASB). Industry Committees of the American Institute of Certified Public Accountants (AICPA.)Principles and Practices Board of the Healthcare Financial Management Association (HFMA). Should the preparation and presentation of financial accounting data be regulated?
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3.There are various payment methods used to pay providers. Fee-for-service reimburses on the basis of each patient encounter. Capitation payment is not tied to utilization but rather to the number of covered lives. What is the major difference between the financial risks to providers of fee- for service and capitations?
You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.
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