Revenue Healthcare

Paper Summary:

The paper reviews the trends, innovations and future of finances, revenue streams and investments in the healthcare industry. In doing so the paper proposes several choices or alternative sources of revenues for hospitals treating an ever-increasing number of patients that rely on Medicare and Medicaid for insurance. The paper comments that at the time of this study, most hospitals fell short of revenue goals because Medicare and Medicaid did not provide adequate compensation to meet the needs of the aging population.

Outline:
Introduction
Purpose of the Study
Overview Medicare & Medicaid
Background and Review of the Problem
Tools Used in the Past to Generate Revenue
Tools That May Save Money
Other Sources of Funding
How to Protect Revenue Streams

From the Paper:

"Unfortunately, while these programs offer some assistance to patients, Medicare and Medicaid often fall far short of need when the time comes to pay for lengthy hospital stays. Legislation in recent years has proposed cutting the budget for Medicare and Medicaid in the past, something that would only increase the problem hospitals and other healthcare facilities have when collecting revenues for treatments offered to the Medicare and Medicaid population (AHA, 2006). Many hospitals and other facilities have gone as far as denying treatment because they cannot keep up with costs associated with caring for those without secondary insurance."

Sample of Sources Used:

• AHA. (2006). AHCA 2006 Priority: Proposed Medicare, Medicaid Cuts Would Jeopardize the Care for America's Most Vulnerable, Frail, Elderly and Disabled. American Health Care Association, Retrieved October 14, 2007: http://www.ahca.org/news/nr060322.htm
• Hurwitz, M.R. (1993, Sep). Patient supply charges: Still a revenue source? Healthcare Financial Management, Sept. Retrieved October 13, 2007: http://findarticles.com/p/articles/mi_m3257/is_n9_v47/ai_14509885
• Katz, Sapper & Miller, LLP. (2006) Healthcare Facilities. Katz, Sapper & Miller, LLP. Retrieved October 12, 2007: http://www.ksmcpa.com/Content.aspx?a=3&b=5&c=352
• Mohan, J. (2002). Planning, markets and hospitals. London: Routledge.
• SSI (2007). ClickON Hospitals & Healthcare Enterprises. The SSI Group, Inc. Retrieved 13, October, 2007: http://www.thessigroup.com/hospital-claims-processing.htm

More papers on Revenue Healthcare:

• Analytical Essay # 134869 : "Healthcare Funding in the US"
• Research Paper # 101686 : "Healthcare Delivery"
• Article Review # 85881 : "Article Review: Cost Allocations in Georgia Healthcare"

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