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Health Care Research Paper

Decent Essays

Currently Health Care in the United States is going through a lot of changes and controversies. With a new presidency in the white house that wants to replace the Affordable Care act and eliminate it the future is very uncertain (Boerner, 2017). People are either against this decision that can dramatically change the whole market place including Medicaid and Medicare or they are in favor. Reversing the ACA will reduce increase the number of uninsured patients in the country and this means that even more people will go to an emergency room to get treated and they won’t have insurance making it an increase in uncompensated care in hospitals. The contemporary issue that health care is experiencing today is the payment rates. Americans all …show more content…

Even though for-profit organizations have face more ethical criticism due to the lack of careless care they have had when treating patients and the unfair competition against non-profit organizations; nonprofit organizations focus is to provide community benefits. With more volume of patients for profit organizations they might be at the verge on being more hurt if their game is not step up. Less nonpaying patients and patients that have covered by either private or public insurance will no longer be able to utilize their services because their insurance will no longer cover them. This can bring a facility into deficit while nonprofit might still be able survive of tax exemptions, donations and investments by other non-profit firms.
When things are not going the way, they were planned business have financial management staff and with the changes health care is experiencing today they will be the ones planning new strategies and creating a new budget so that the business can continue running. Financial management staff main role is to keep record of the four financial statements can give detail of the facility current financial position and how they reach to it. Among many of their duties they are responsible for the balance sheet, statement of operations, cash flows, change in net assets and audits that are vital when it comes to decisions making. Their perspective will be focus in how to reduce the cost and balancing the budget (Wichmann &

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