revenue totaling over $30 million in fiscal year 2010. By fiscal year 2015, revenue had increased due to net gains on sales of facilities and assets to over $120 million. Having the wide-range of service group such as; medical inpatient general, acute care, psychiatric and rehabilitation services and outpatient services such as surgery, laboratory, radiology, physical therapy which are provided by freestanding centers. These two key strengths alone put HCA Hospitals in a very competitive position.
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Aging Demographics in Health Care Cynthia Mays HCS/490 University of Phoenix January 19, 2012 Aging Demographics in Health Care The expected growth of the older population in the United States over the next fifty years will have an exceptional impact on the U.S. health care system. Population aging is a complex issue that concerns not only the well-being of today’s older American’s but also comprehensive areas and sectors affecting the total
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Health Care Reform Project Angela Thomas HCS/440 December 16, 2913 Caryn Callahan The Aging Population in America The current growth in the number of older adults in the United States are reaching unprecedented numbers in the nation’s history with an expectation of reaching nearly 89 million people by age 65 or older by year 2050. The rapid U.S. growth can be attributed to two realities: Americans are living longer than in previous decades; the twentieth century ushered in effective public
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Health Care Economics Issues HMO Simulation Name University of Phoenix Economics: The Financing of Health Care HCS440 instructor date Health Care Economics Issues HMO Simulation Castor Collins is a health insurance company that offers health maintenance organization (HMO) to organizations. This health insurance company was founded in 1999 in Pantome. Two organizations are trying to seek coverage for their employees and have chosen to see what Castor Collins has to offer them. The
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Sarah Atkinson November 7, 2011 The concept of demand versus supply in home health care can never be satisfied. No home health care facility can meet the demand for medical services. There will always be someone needing treatment even after the supply of goods and services are drained. In terms of economics the supply and demand is the main determinate of what a good will cost (Getzen, 2007). Delivery of medical care services requires beds, professionals' time, disposable syringes, catheters,
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Unit 6 Assignment – HS440-5 Explain the methodologies and processes used in preparing budgets for health care organizations. Before making any major capital investment decisions, such as the purchase of a new Magnetic Resonance Imaging (MRI), Electronic Health Record (EHR), or any major machine/system, the organization must create a business strategic plan that should contain their mission, values, and vision statements, and most importantly, their goals and objectives. Part of this strategic
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My topic is Is the Affordable care Act as well as tax credits actually affordable for the average consumer or is it causing further financial issues? First let me explain what the affordable care act is all about. Our healthcare system was in need of some work, but the Patient Protection and Affordable Care Act made changes that no one likes. The way it is set up it gives the federal government control over the benefits and financing and all of the decisions will be made in Washington. The ACA requires
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Terry HCM 500: The U.S. Healthcare System Colorado State University – Global Campus Dr. Michelle Rose September 13, 2015 Medicare Solvency: The Medicare Trust Fund Medicare is a government funded program within the United States that provides health insurance to individuals who are sixty five years and older, regardless of income or medical history, those that have end-stage renal disease, and/or individuals who are under sixty five years old and have disabilities for which they are entitled
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Finance in the healthcare industry can be a very tricky subject. The primary role of finance in the health services is to plan for, obtain, and make use of resources to increase the productivity and value of the business (Nowicki 2007). Finance is a very important part of the health care industry. It keeps everything on track and in order so that things operate successfully. Without the right person(s) helping to operate the place of business the company can be in a great deal of trouble. When
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Health Care Reform: Manage Care Team B HCS/440 April 16, 2012 John Gaze Introduction Managed care is an assorted agreement that is set up with health care providers and healthcare facilities that provide medical service for patients at a decrease cost. Managed care represent an important part, a manager will keep an eye on and direct the transaction among the physician and the patient. However it is difficult for manager care to keep the cost of medical service down. There have been
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