Analysis Critically discuss: a) Why Cambridge Hospital Community Health Network embarked on the ABC study? There are two main reasons why the Cambridge Hospital Community Health Network (the Network) embarked on the Activity Based Costing (ABC) study. Firstly, the Network needed to gain a better understanding of its unit-of-service costs, which had been rising at a rate of 10% per year. In fact it had recently been rated the third-highest cost hospital in the state of Massachusetts. Being
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Critically discuss: a) Why Cambridge Hospital Community Health Network embarked on the ABC study? There are two main reasons why the Cambridge Hospital Community Health Network (the Network) embarked on the Activity Based Costing (ABC) study. Firstly, the Network needed to gain a better understanding of its unit-of-service costs, which had been rising at a rate of 10% per year. In fact it had recently been rated the third-highest cost hospital in the state of Massachusetts. Being a high
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Why Cambridge Hospital Community Health Network embarked on the ABC study. 1. Change in macro environment 1) A series of government reform significantly reduce the revenue of hospital. Federal legislative and state legislators have cut the revenue of hospital get from Medicare and Medicaid gradually since 1995. Also, the proliferation of managed care and DRG reimbursement system to outpatient clinics have fixed the revenue of hospital regardless the type or time length of service that hospital
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walked into a local healthcare clinic seeking treatment. Tina was pregnant and having health issues. She had visited the clinic prior to that day while uninsured which resulted in her having a large unpaid balance. Bachtel was denied treatment. She was told she could only be granted service if she paid one hundred dollars per visit. Tina Bachtel did not have the money to pay upfront. Shortly after leaving the hospital, Tina Bachtel and her baby died (Krugman). Healthcare nightmares like these are not
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safety-net hospitals are facing one of the largest curveballs, as nearly 30 million Americans stand to gain coverage under the Patient Protection and Affordable Care Act beginning in 2014. Nationwide, only 2 percent of acute-care hospitals are safety-net facilities, but they currently provide about 20 percent of all uncompensated care to provided to the uninsured. Despite this statistic, a decline in America's uninsured is unlikely to relinquish the need for safety-net hospitals, according to
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Hospital Collaboration and Healthcare Costs Apparently, U.S.A is one of the countries with the highest level of health care expenditure constituting over $ 8000 of the country’s annual per capita income. This health care cost is on the rise and have to be addressed from a distinct health perspective. Hospital merging refers to acquiring of one hospital by another and undertaking its activities either fully or in part to minimize costs and other operation limitations that they face in the American
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Health Promotion According to the World Health Organization (WHO), health promotion is the process of disease prevention by enabling individuals to live healthy. Health promotion provides ideas and education to people to have a positive attitude towards their health. In addition, health education encourages individuals to change their life styles to achieve a state of optimal health. Optimal health involves a well balance of physical, emotion, social, intellectual and spiritual state. Health promotion
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Policy Brief Families are often faced with a range of different, complex health and psychosocial problems. Place-based approaches aim to address these complex problems by focusing on the social and physical environment of a community and on better integrated and more accessible service systems, rather than focusing principally on the problems faced by individuals. A place-based approach targets an entire community and aims to address issues that exist at the neighbourhood level, such as poor housing
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Market Influences in Health Care – Social Media and Technology National American University Abstract How much does social media influence individual’s health care decisions? The effect of information that individuals receive through social media and technology is having a growing effect on their views towards health care. Mass media is in the business to convince individuals to have a certain thought or idea about health care. Social media and technology is identifying ways to connect
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Era of Health Care Jessica Contreras University of Phoenix Health Care Organizations and Delivery Systems HCS/531 Lori Walker February 22, 2015 Telemedicine: A New Era of Health Care As healthcare evolves and enters a new era, we are faced with consumer demands for care, reduction of costs, increase in quality services, and customer satisfaction. Innovation is on the horizon. 58% of Americans indicated that increased funding for medical and health research is essential for their future health and economic
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