New Technologies Of Medicine And Their Effects On Reimbursement

While advancements in technology have positively impacted the nursing field, it has also created huge concerns with patient privacy and sharing of protected health information leading to detrimental effects to patients and their families. Indeed, technology is changing the face of healthcare with positive innovations to reduce medication errors and documentation errors. However, technology at our fingertips has created immense concerns with sharing of protected health information of patients via social media, email and other means of communication via technology. This paper addresses why I feel the advancement of technology has numerous deficits that need more research and implementation of new laws and policies to safeguard the

The Role of Technology in Rising Health Care Costs. What should or shouldn’t be done.

Many veterans are missing major limbs, and are very handicapped making work and everyday life a huge struggle. There are prosthetic legs and arms that can be used, but they often take a long time to learn, and are very costly. In a recent interview with NBC News, a veteran by the name of Mike Kacer explains how the government spent $117,000 providing him with prosthetic arms over the last five years, and he doesn’t even like to use them. "I could actually tie the shoe faster without the prosthesis," Kacer says, and he’s not the only one that feels this way. Many other veterans using these prosthetic limbs eventually abandon them due to painful, unreliable and hard to use reasons. “Of the roughly 1,600 veterans who have suffered major limb losses from the wars in Iraq and Afghanistan, about 319 have faced amputations of some part of their arms.” (NBC News). Not only is that a lot of money spent on prosthetics that are hard to use, painful, and eventually abandoned, arms rather than legs are a lot harder to use according to research by Gary Berke, a Stanford University instructor who operates a private clinic providing prosthetics. "Walking is relatively straightforward," Berke said. Artificial legs essentially can do everything that real ones do. Artificial arms, however, are not nearly as adept as the real ones. "We're behind the eight ball in terms of

This opened up a new world of complications for both the amputee and the surgeon as it usually lead to life-threatening and painful infections. (Thompson, Helen) The knowledge gained during these years of amputation helped ameliorate future fields of

In the United States, health care has become a huge expense and has threatened the economy; additional measures need to be taken to address the rising cost of care. An individual spends an estimated eight thousand dollars a year in health care expenditures. Therefore, we need to recognize that how a physician reimbursement for payment has a vast impact on the economy and the rising cost of health care.

Medical technology encompasses a wide range of healthcare products and is used to diagnose, monitor, and treat diseases or medical conditions that affect humans. This may included but not limited too, pharmaceuticals, vaccines, and medical equipment. Such technologies are intended to improve the quality of healthcare delivered through earlier diagnosis, less invasive treatment options and reductions in hospital stays and rehabilitation times. Recent advances in medical technology have also focused on cost reduction. Medical technology may include medical devices, information technology, biotech, and healthcare services. The impacts of medical technology may involve social and ethical issues. For example physicians may seek objective information from technology rather than listening to subjective patient reports. A major contributor of healthcare expenditure in America is the advancement of medical technology. According to several studies it is shown that there is a correlation between the nation’s gross domestic product (GDP) and money allocated to healthcare. One of the leading theories is that medical technology is growing faster than expected.

Prosthetics has always been part of most of our history, and it has come a long way since then. Forms of prosthetics date way back to the Civil War, and has made a lot of progress throughout the years. During the Civil War, many soldiers would have to be amputated everyday to save their lives. For example, in the text “I Will Not Get Out of Heart Yet,” it states that “Soldiers shot in the arm or leg on the battlefield were highly likely to develop potentially fatal infections, and the only way to prevent a painful death was to cut off the damaged body part.” Despite this fact, prosthetics were extremely uncomfortable to wear and were considered “crude contraptions” and “ were usually made of wood or steel --- that were awkward and painful to wear.” Many soldiers did not like having prosthetic limbs, as they were uncomfortable to wear and awkward to move around with.

The Centers for Medicare and Medicaid Services is a government agency within the U.S. Department of Health and Human Services. The CMS is in control of certain health care programs. Reimbursement is used in the healthcare field by coding specialist in hospitals and physicians’ offices. These specialists assign appropriate diagnosis and procedure codes based on the patients’ individual medical record. Once the information from the patients’ record is coded, a bill or claim is composed and sent to a third-party payer for the reimbursement of the services that were performed on the patient. Depending on the payer, they may request that a copy of the patients’ medical record be sent with the claim.

The future of healthcare has been a main concern for quite a long time now. Dealing with health care has been a huge issue on how to pay PAs and physicians. Health care has come a long way but it still has its ups and downs. Health-care has been the cause of many problems and will continue to be problems. Medicare and Medicaid have to deal with both PAs and physicians on how to bill them. Medical reimbursement and pricing policies have been an issue. Health care plans such as Medicare and Medicaid are increasingly becoming more of a problem for physicians because of the financial and reimbursement issues the plans are causing.

There is a constant change and upgrade in technology that is being used not only in the Healthcare setting but in everything we have and everywhere we go. Since healthcare is a big business, the healthcare fraud and abuse is becoming a national issue. We should be aware of it in order to avoid such abuses and fraud.

There are many healthcare payment methods used when processing claims billed by a hospital or provider for services rendered to the patient. Those payment methods include, fee for service, bundled payment, value base pay, capitation and global budget. As stated previously in this discussion, HF is the most prevalent reason for an increase of readmissions rates ranging at 40% (Hobbs, 2016). Subsequently this problem affects how reimbursement is made payable to the hospital or providers. Currently, HF is greater among patients who are MCR beneficiaries and readmission rates for this population range from 22% to 25% (Banoff, 2016). With the substantial increase of readmissions, attracted attention from the Centers for Medicare and Medicaid

Many healthcare organizations are driven by profit. Their primary goal is to ensure that their business is profitable. Patients are seen as numbers instead of human beings. Depending on their health coverage, they often encounter discrimination because of lower reimbursement rates. Some physicians refuse to take Medicaid and other government funded programs due to their fee schedule. Facilities and physician offices prefer commercial payers because they receive larger reimbursements which generate more revenue for the business. Even in the emergency room, if you have limited or no insurance, you are given minimal treatment, stabilized, and discharged to go home or even transferred to a different facility for continuous care. We witness

Founded more than 40 years ago as a tool for hospitals to outreach for patients in remote areas. It is currently incorporated into the progressing operations of physician facilities, home health agencies and in patient’s homes.

who want limbs that function faster and better. Their demands push the limits of prosthetic

• Plastic, reconstructive and cosmetic surgery. Because of human cloning and its technology the days of silicone breast implants and other cosmetic procedures that may cause immune disease should soon be over. With the new technology, instead of using materials foreign to the body for such procedures, doctors will be able to manufacture bone, fat, connective tissue, or cartilage that matches the patient’s tissue exactly. Victims of terrible accidents that deformed their face should now be able to have their features repaired with new, safer, technology. Limbs for amputees may be able to be regenerated.