your readings, define the following terms in your own words. (Faculty can add or alter terms to suit their student base.) a. Medicare – Is health insurance for people 65 or older, people under 65 with certain disabilities, or people of any age with end-stage renal disease (ESRD) (permanent kidney failure requiring dialysis or a kidney transplant) b. Medicaid – is for certain individuals and families with low income and few resources. Primary oversight of the program is handled at the federal
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Name: Samantha_______________________ Unit 4 Assignment Short Answer (2 @ 5 = 10) 1. List and discuss the three payment-determination bases. Cost base - —A payment system that uses provider cost, as opposed to charges, as the starting point to determine the amount of payment. A cost-payment basis simply means that the underlying method for payment is the provider’s cost. The rules for determining cost are specified in the contract between the payer and the healthcare provider. Fee-schedule
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Reporting Practices and Ethics Paper Reporting Practices and Ethics Paper Introduction In the health care industry organizations have to create guidelines and principles in order to successfully succeed. Implementing the four key elements of financial management and federally enforced principles are not enough. Ethics has also played a big role in the success of an organization. Many companies set up their own professional guidelines so that all employees maintain the same goal and
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Neither one of my grandparents were financially at the top of the health care ladder and were both on Medicare like most Americans in their demographic. Hospice care was first established in the United States in 1970 and has become a growing industry since. (Hospice care in the United States, 2011) By 1995, hospices were a $2.8 billion industry with $1.9 billion from Medicare and Medicaid alone. (Hospice care in the United States, 2011) Hospice care is more than just a billion dollar industry
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Determine whether you would incorporate and state the advantages and disadvantages of doing so. Running a health care organization should involve many people. Incorporating a vast number of multi-disciplinary specialists is required for the organization to be managed appropriately. This is helpful as it ensures that the facility has enough people with different levels of expertise and all medical fields are properly furnished with adequate personnel. This also helps patients know the health care
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Health Law, Regulations, and Policy Paper Michelle Hobbs HCS/545 June 13, 2016 Qiana Amos Health Law, Regulation, and Policy Paper Today’s health care industry is more than just providing medical services to individuals in need; it encompasses various laws, regulations, and policies that direct how care should be provided and what the ramifications of non-compliance will have on the health care provider and the organizations where services are rendered. There are various kinds of laws, regulations
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concerns. State level public health is concerned more on organizational level in providing and protecting the health of its public for example; Children’s defense fund advocacy, which promotes health of the younger population, and Center for Medicaid and Medicare that provides care for older population, resources for the poor and disabled (Stateline, n.d.). The predecessor of
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Electronic Medical Records Leanne Mansky Baker College Medical professionals in the United States have invested in some of the most advanced diagnostic equipment in the world, but when it comes to keeping track of patients' medical histories, doctors and hospitals still rely primarily on pen and paper. Both Democrats and Republicans support converting all of that paperwork into a comprehensive system of electronic medical records, and the government is finally providing incentives to make that
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Definition of Terms Shaun W. VanDevender HCS/533– Health Information Systems Professor Derrick Dugeon September 1, 2014 Definition of Terms Technology has greatly changed health care in many different ways. This change has been gradual, progressing over several years; it has been very profound, nevertheless. Understanding these changes is important for experienced health professionals and newcomers alike. The following paragraphs will provide some definitions for the following important
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WEEK 5 DQ 1 The history of the Social Security Act, as listed by the Social Security Administration, provides an interesting foundation/principle regarding the establishment of Medicare, Medicaid, Social Security and other pertinent information relating to mankind and its perception on economic issues. I encourage you to read the information to gain an understanding of this foundation/principle. It is very interesting and educational! History of the Social Security Administration: U
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