Healthcare System ( Shs ) Is A Not For Profit Health System

We live in the wealthiest nation in the history of the world and practice our profession in an era of unprecedented technological capability. In cardiovascular medicine, we can diagnose and treat heart disease with innovative approaches unimaginable to the previous generation of physicians. However, as a wealthy nation with a technologically advanced health care system, history will judge us not by our scientific progress, but by how we treat the weakest and most vulnerable amongst us. By this critical measure of

Cardiac diseases alone have been estimated, direct and indirect costs, for the overall American population are “approximately $165.4 billion for 2009” (CDC, 2013). A survey found that heart disease accounted for 4.2 million of the hospitalizations in 2006. In 62% of these cases were short stay hospitalizations and occurred amount peoples ages 65 and older. These hospitalization rates also vary by gender, racial, and ethnic groups.

Effective financial management is the basis of thriving health care organizations. Organizations must make good investment decisions based on objective analysis (Healthcare Financial Management Association [HFMA], 2005). Integration of financial management principles provides decision makers with guidance to make capital decisions maximize mission-based benefits at effective costs (HFMA, 2005). An operating budget is the statement of profit and loss for the entire organization. Various health care entities prepare operating budget for the following year for discussion and approval by top management (Academic Writing Tips, 2011). At the end of the year, departmental managers provide an account for the previous year’s

Analyses used to collect the data were the profitability, break-even and utilization/volume. A dashboard analysis was also used. To analyze the profit of the organization over the next five years, profitability analysis was used with considering inflation rates for each item. Break-even analysis was used to compare the amount of additional visits per day if the clinic operated as-is to operating with the expansion of the new marketing program. The break-even analysis was also used to recognize the volume required to cover the costs of the marketing program. The dashboard analysis was then used to summarize all analyses used.

Rising health care cost and stricter regulations for insurance reimbursement plans have pushed health care leaders to re-evaluate health care services. One focus is reducing hospital readmission rates for chronic disease process (Bos-Touwen et al, 2015). Congestive heart failure is one of the leading causes of hospital readmission (Cubbon et al, 2014). Fifteen million people worldwide have a diagnosis of CHF. In addition, 15-20% of those with the diagnosis of CHF are hospitalized yearly (Sahebi et al, 2015). In 2010, 40 billion dollars was spent on health care needs for CHF patients. Seventy percent of the resources were for hospital services (Siabani, Driscoll, Davidson, and Leeder, 2014). The need for streamline healthcare for CHF patients is imperative to improve overall patient outcomes and reduce the amount of hospital readmission rates.

West Florida Regional Medical Center (WFRMC) located on the north side of Pensacola, Florida competed strongly with sacred heart and Baptist hospitals for patients. WFRMC’s CEO John Kausch was an active member of the Total Quality Council of the Pensacola Area Chamber of Commerce (PATQC) (McLaughlin, C.P., Johnson, J.K., & Sollecito, 2012).. PATQC’s vision was to develop the Pensacola, Florida area into a total quality community by promoting productivity, quality and economic developments in all area organizations both public and private (McLaughlin, et, al., 2012). John

HeartCare Midwest is central Illinois' largest cardiology practice consisting of nineteen physicians and more than two hundred nurses, medical technicians, and administrative staff in more than twelve counties throughout the state. Founded in 1994, HeartCare Midwest is the product of a corporate merger between the well-established practices of Cardiovascular Medicine and Illinois Heart Institute. Having more than two hundred years of experience between them, HeartCare Midwest physicians' hold medical and advanced cardiology degrees from such impressive universities as Duke, Harvard, Princeton and the University of California at Los Angles.

Texas and the 3 counties were selected to mirror the healthcare costs reported to the department of labor and statistics with the average payouts for the reportable CMS metrics. These metrics were utilized to determine cost payouts for each institution within the Houston area. The total claims were calculated using average costs for Heart Attacks, Heart Failures, and Pneumonia patients for each intuition. CMS chose these metrics as an underlying representation of what is actually paid out to the Houston area

The solution proposed by this author includes, immediate identification of patients admitted with heart failure and early implementation of interventions to prevent readmissions. Interventions include, care coordination, home health care and remote monitoring as needed. Initially, the recommended process will be presented during a one to one meeting with the Senior Vice President of Health Partner Services with the assistance of a power point presentation, supplemental handouts including the LACE index tool (Appendix A), as well as the proposed policy and procedure (Appendix E). The Senior Vice President of Health Partner Services will serve as the corporate champion and key stakeholder responsible for network provider contracting. Additional

At the Akron General Medical Center, there is no statistics that can be used to calculate the heart failure care at the facility. This suggests that, despite the hospital extending excellent service in case of other ailments, there is little concern for heart failure care. At the Summa

“America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves,” (Abraham Lincoln). America’s health care system lacks behind various other countries. This country remains the single industrialized country, which neglects to negotiate drug prices, provide paid maternity leave, or have a national coordination to regulate the copious components of our system. Our health care system subsists as a capitalist driven market, and we need to mandate that renovations and constraints be put into place to subside the impractical health care expenditures, and inflating specialty drug prices.

Christiana Healthcare System is a recognized leader in the healthcare services industry offering a full range of services. These include Accident & emergency, Assertive outreach team, Medical Association Body mass index, Complementary and alternative medicine, Child and Adolescent Mental Health Services, Council with adult social services responsibility, Commission for Health Improvement, Council for Healthcare Regulatory Excellence Care, Computed tomography, Disability-adjusted life-year, and Early intervention team. Christiana serves more than 35 cities throughout North America, Asia, Central America, West Africa and Europe. It has built a service network capable of addressing not only the population health on an individual level, but also measuring and improving population health for the entire populace. The commitment to quality is second to none. By working collaboratively with prospective customers from Nigeria and the United Kingdom, we will help to develop innovative care that provides the highest quality service in the healthcare industry.

“Hospitals can be non-profit, for-profit, and government-owned and/or operated” (Baker & Baker, 2006). There are different terms for each classification in how to report and handle the finances but the basics are the same for any type of business. Business finances require the following basic fundamentals: creating “budgets, understanding capital expenditure, loan acquisition, and financial fees” (Baker & Baker, 2006). Government owned and operated hospitals offer unprofitable services; which

This paper explores the importance of healthcare qualities explaining the healthcare objectives to be encircled by the quality domain. The people will only trust their healthcare system if they have trust on the facilities and quality of the procedures. The paper also explores the key differences between single payer governmental system and free market healthcare system. The accessibility, cost reduction and quality assurance are three major points on which these differences are based on the basis of quality. Three initiatives discussed to improve the quality of the treatment with lowest reduced costs are fixing a common contract fee between contractors and suppliers, construction and installation of a national as well as a local database to store and secure the patient data and formation of professional counsel of highly competent physicians to research for new treatment methods and medicines. These three initiatives will not only contribute in the production of largest healthcare organization but it will also boost the healthcare reforms in national plan. The information of the patients must be kept secure by protecting it with the passwords and allowing the access to only relevant authorities.

healthcare system is the organization of people, institutions, and resources that deliver health care services to meet the health needs of target populations. Different types of healthcare systems are Out-of-Pocket Systems, Universal medical coverage, The Bismark Model, the Patchwork system, and single-payer systems. There are two types of Single-Payer systems the first one is The Beveridge Model and the second one is The National Health Insurance Model. The Out-of Pocket system are when healthcare services are organized like other business transactions health care providers charge fees for their services and citizens pay for them on a case-by-case basis using their own money. Universal Medical Coverage (UMC) is when a healthcare system supports basic medical care for all citizens in a nation. The Bismark Model (universal Insurance) is when UMC is provided through private sector providers. Payment comes from a insurance system financed jointly by employers and employees. The Beveridge Model (socialized medicine) is when the government provides UMC by owning hospitals and clinics. The National Insurance Model is when private-sector providers provide UMC but payment comes from a single government-run program. All citizens pay into this program. A Patchwork System is a combination of all of the healthcare systems. Many of these healthcare systems have led many to ask the question should healthcare be a right? And if it is a right is it practical? Or even worth it? And if