Economic Tools In Health Care

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    Pricing and Creating a Plan

    services in: Assisted Living, Micro-Community, and Alzheimer's Care. This home healthcare service is located within minutes of a well-known hospital. New Horizon's Home Health Care Service helping the elderly persons with many daily functions. These functions include: preparing meals, housekeeping, helping with medication, laundry, and regular check-ins with the residents. With the high prices of nursing homes, this home health care service offers better prices and the same nurturing atmosphere

    Words: 2801 - Pages: 12

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    Economic Tools Concept

    Economic Tools and Concepts There are numerous economic tools and concepts that relate to the health care field. When discussing the current nursing shortage, and the nursing shortage that will continue through the future, scarcity, supply, and demand are just a few of the important concepts to address. According to Explorehealthcareers.org (2012), “The United States has a serious shortage of practicing nurses” and “demand for frontline workers is expected to increase 50% over the next five years

    Words: 1110 - Pages: 5

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    Annotated Bibliography

    Presentation Annotated Bibliography Buchbinder, S.B., & Shanks, N.H. (2012). Introduction to health care management (2nd ed.). Burlington, MA: Jones & Bartlett Learning. • Summary: This is are course textbook and it support an overall view of health care management. This book provides details on how to maintain and sustain a position as a health care manager. The functions and tools needed to perform your job. Each chapter gives details on a variety of topics such as; strategic

    Words: 489 - Pages: 2

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    Primary Health

    link between poverty (state of being extremely poor) and mental health / illness with reference to primary health care principle and practices. The term mental illness is defined, as a health issues that considerably affects how people thinks, behaves and cooperate with other people (Government of Western Australia Mental Health Commission, 2010). The word poverty means not be able to have basic needs such as food, health care, clothing, and education. Aboriginal community is suffering

    Words: 984 - Pages: 4

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    Economic Terms and Health Care History

    Economic Terms and Health Care History Economic Terms and Health Care History Over the time of history, the economics of the United States has overcome many of transformations. Formerly, the economic alterations in health care may be due to the evolutionary changes in the United States. The main contributing causes for economic health care changes are the development of technology and how medical treatment is presented. The late 1800’s is when America started to realize the establishment

    Words: 662 - Pages: 3

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    Quality Improvement Part Ii

    a hospitals process to advance the quality of care and outcomes for patients using an explicit set of philosophies and procedures (Walker, 2012). This paper attempts to describe some of the areas of potential advances for quality improvement at Washington County Regional Medical Center (WCRMC) nursing unit. One principle of quality improvement is measurement, which is the collection of data to improve patient care. Using these measurements and tools can help leaders understand the direction of quality

    Words: 1382 - Pages: 6

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    Healthcare Industry

    will discuss what healthcare industry is, the evolution of technology, financial, and the economic perspective from the past, present, and what we can expect in the future. What is healthcare industry? The healthcare industry is a set of comprises of providing diagnostic, preventive, remedial, and therapeutic services (like physician, nurses, hospitals, etc.). And to include medical equipment, health insurance forums, and pharmaceutical manufactures. The Past Since 2005, the healthcare

    Words: 1822 - Pages: 8

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    Healthcare Reform Bill

    The Health Care reform bill has the creation of an Institute for Comparative Effectiveness as a key component with the hope of improving quality and reducing health care costs. The institute would have the authority to make official determinations of the clinical effectiveness and cost-effectiveness of medical treatments, procedures, drugs, and medical devices. President Obama's initial nominee as Secretary of Health and Human Services (HHS), former Senator Tom Daschle (D-SD), has likewise

    Words: 4253 - Pages: 18

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    Pay for Performance

    factor in health care delivery. The way health care is financed impacts it’s delivery. The continual increase of health care cost caused health care reform initiatives to control cost to focus on reimbursement models. Pay For Performance (P4P) is an increasingly popular initiative. The use of pay for performance has effects on the cost, quality, and efficiency of health care. This paper will discuss the effects the use of pay for performance has on patients, provider, and the evolution of health care

    Words: 1012 - Pages: 5

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    Capital Purchase Project

    providers to have an Electronic medical record by the year 2014. To keep up with the growing changes in technology allotting for this purchase will greatly affect the hospital system in many ways and prove its return on investment (ROI). According to Health Revenue.com, “ The goals of the EMR are: * EMR will help to streamline the medical records process by bringing structure to how it is done * EMR will help to ensure medical records are more complete and correct * EMR will help to providers

    Words: 2216 - Pages: 9

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