Category: Finance

Table of Contents Introduction Brief History of Health Care Financing The Comparison of Payment Models The Shift towards Value-Based Models Conclusion References Introduction The system of healthcare in the United States is dominated by fee-for-service model. However, the issue of rising healthcare costs and low quality of care led to the development of other payment…

Table of Contents Introduction Healthcare Theory Overview Healthcare in US Healthcare Policies Healthcare on the global scale Conclusion References Introduction Healthcare represents a unique field of economy based on theoretical concepts and principles. It is considered that economics is a values-neutral science in which no judgment or value is placed on the theory or how…

Originally, the importance of this issue may be estimated in accordance with the generally accepted practice of providing the health care economic analysis. In general, the economic information provided by the hospital department depends on the costs of the equipment, costs of the analyses, salaries of the medical workers, rent, etc. Surely, the more patients…

Financing of Healthcare Services Financial decisions in healthcare can significantly impact the quality of treatment with which an establishment can provide its patients. Therefore, funding plays a prominent role in the level of services. Both preventive care and healthcare services treatment are crucially important areas of care. While illness healthcare deals with already existing conditions,…

Abstract One problem with the US healthcare system is poor financing. The solution to this problem is full participation of all individuals over fifty in a national long term health care insurance program. As a proposal, it will be seen how US citizens can benefit from such a scheme. Problem The American healthcare system is…

Introduction This paper chooses a particular healthcare accounting issue or problem, the disposition of which requires special skills of healthcare leaders. The issue is contained in the article entitled US city budgets stable  but decisions loom by Marks, Alexandra (2007). The paper will also discuss the budgeting or accounting implications of the issue and…

The United States is a country with a developed health care, to the success of which the American economy contributes significantly. Increased life expectancy of the population is the most important social change since the establishment of the social security system. In 1935, when the law on social insurance came into effect, life expectancy for…

Table of Contents Introduction Advantages Barriers Conclusion References Introduction The value-based reimbursement policy that is currently gaining momentum on the national level has rightfully garnered a lot of attention. According to the overwhelming majority of both healthcare providers and customers, the traditional volume-based approach, also known as a fee-for-service model, does not provide the necessary…

Public Financing Bodenheimer and Grumbach (2012) specify that there are four ways of paying for the health care services; they are out-of-pocket payments (paid personally by the recipient of the care), individual private insurance that covers the services provided, group insurance paid by the employer, and government financing. According to WHO (2015), the lack of…

Table of Contents The emergence of Fee-for-Service Model Payment Models From Fee-for-Service to Value-Based Model Conclusion References In each country, the ways to attract economic resources for the preservation and promotion of public health are formed and developed historically. The quantity and quality of resources allocated by the society and the effectiveness of their use…