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
payment systems (Herbert, 2012). A medicare physician fee schedule (MPFS) determines the payment rates for physician and therapy services that are based on relative value units, conversion factors and geographic practice cost indices. Durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) is related to reimbursement rates for these certain items to suppliers that ensure accessing a high quality of these items to the patients. It includes several payment regulations governing the
Words: 1371 - Pages: 6
Hospital Corporation of America vs. Tenet Healthcare Heather Darling 22-BA-5080-002 Summer Semester, 2014 SUMMARY Hospital Corporation of America as of now is the biggest player in the hospital care sector. Headquarter in Nashville, TN HCA has been very aggressive in acquisitions and developing all around the United States and in England. They are very quick to turn down a deal with another hospital if they believe that it will not be a profitable deal. One of the things that HCA has done
Words: 4688 - Pages: 19
Public Health Preparedness Mary Anderson Strayer University Health Policy and Law Basics Professor Dorothy Moore December 15, 2013 Abstract Healthcare is one of the top social and economic problems in America today. The United States is considered by most to be the greatest country to ever grace the face of the planet. It has the largest military, the largest economy, freedom of speech and religion, and one of the first successful democracies and of course, the American
Words: 2239 - Pages: 9
Healthcare in the United States has been a topic of much controversy over the last few decades. More recently, the introduction of Accountable Care Organizations with the Patient Protection and Affordable Care Act in 2010 provided one of the most major breakthroughs in healthcare reform since the 1970s. Accountable Care Organizations, or ACOs, are groups of doctors, hospitals, or other health care providers and facilities who have the legal responsibility to coordinate the entire continuum of patient
Words: 1814 - Pages: 8
competitors during the past 5 years. Also a 3 year forecast is created to show were the company is heading and changes needed to be made to be more efficient. Theme Time are hard for the medical industry with the global economic crisis and with the announcement of the Affordable Care Act’s medical device excise tax. Stryker corporation has done better than the industry on average sustaining a strong financial while presenting new products in the market. Growth is becoming slow for mature
Words: 4190 - Pages: 17
serve, ultimately through the efficiency of health insurance exchanges. The national importance being served is exponentially expanding medical care to the U.S. population, as well as a consequent attempt to save the land they call home. Saving it that from complete financial ruin, greatly due to the potentially irreversible results of continuous growth of healthcare costs around 2040. In a sense, I felt that the possibility of the idea behind the exchanges being misunderstood, and therefore prematurely
Words: 3972 - Pages: 16
Medical Assistant: Medical assistant possess good critical thinking skills and are able to pay attention to details. Empathy, flexibility, self-control, integrity, willingness to learn is other important traits of a medical assistant. Additionally they must have a neat professional appearance, good communication skills. Most medical assistants have both clinical and clerical responsibilities. Clinical functions vary depending on the scope of duties permitted by the Laws of each state. Their responsibilities
Words: 1305 - Pages: 6
been debated in recent years. Domestic terror attacks, stock market crashes, and a deep recession have challenged the standing of the US amongst other nations. As the US is rebounding from these domestic problems, it is in a legislative battle to reform a long failing health care system. In comparison to European countries, like the example that will be used here, Germany, the US treats the sick as it does any other consumer on the free market in contrast to the sick being treated as a human beings
Words: 2768 - Pages: 12
non-profit organization, developed to provide advice on the national level that addresses issues of medical care, education, and research. Through research, collected data, and nurse-led solutions, the IOM created an informative report in 2010 called The Future of Nursing: Leading Change, Advancing Health, which provides specific recommendations on the improvement of the nursing workforce and the healthcare delivery system. The report is directed towards various entities; individual policy makers, national
Words: 1421 - Pages: 6
