Consequently, there is need to adopt various measures that could help in reducing or limiting increases in medical expenditures.
One of the ways that can lead to the reduction of health care expenses is by preventing illnesses. Statistics has clearly shown that in the United States, the causes of death have been grouped into different categories by laying down the exact causes instead of grouping them using the traditional oriented method. Lessening the risk of preventable illnesses is crucial for the reduction of medical costs because preventable diseases constitute approximately 70% of the burden of diseases and associated expenditures (Fries et. al., par, 8). Risking medical cost is another way that would limit the growth of medical expenditure whereby those with poor health habit are highly associated with greater illnesses and high humanity rate.
The intervention of self-management has provided guidelines that would assist a person whether to opt for medical assistance for a particular illness or go for home treatment. For example, people with chronic illnesses can reduce their medical expenditures...
Cox, T. (2010). Legal and ethical implications of health care provider insurance risk assumption. JONAS Healthcare Law, Ethics and Regulation. 12(4):106-116. How healthcare providers really feel about managed care and other forms of insurance is very important. If doctors and hospitals do not feel good about the payments they receive from specific managed care organizations, they may choose not to work with those organizations. That can leave a large number of
Future of Managed Care Medical facilities have become much more important today than they were ever before. The complex diseases are treated by treatment methodologies and the equipment that were nonexistent a few decades ago. But these facilities have also increased in the cost of treatment. The medical facilities thus need to find ways in which a patient can be offered services without over-burdening him. The financial and economic situation of
"Studies of the relationship between managed care penetration in the health care market and expenditures for Medicare fee-for-service enrollees have demonstrated the existence of these types of spill over effects" (Bundorf et al., 2004). Managed care organizations generate these types of spillover effects by increasing competition in the health care market, altering the arrangement of the health care delivery system, and altering physician practice patterns. Studies have found that higher
Barak concludes by suggesting that the issue and concept of diversity take on a "special urgency" in human service healthcare organizations among the organization as a whole and staff, and that the organization review its quality of service and commitment to the community in order to truly impact the lives of diverse populations. Managing Diversity: Best Practices HR Management often works off of the ideals of 'best practices.' This concept is
It promised to be a very important resource to the primary care setting, but at present, the performance has not been considerable and there have been lack of funds and local consensus, which thwart its implementation (Pidd). Shared Care Between GP Practices and Community Health Teams This initiative aimed at developing cooperative partnership between these teams as well as establishing systems for proactive, structured care at the practice level (Pidd 2004).
What emerges from these efforts are two essential understandings. First, in spite of whatever evidence may exist to the contrary, system building will continue apace in the hospital industry. Whether the battlefield is risky is immaterial, for the battle is joined. Some individual hospitals may decide to remain solo or stay in modest-sized systems where problems are more manageable, at least until some future time when some of the cloud
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