Describe the model you are supporting to best control costs

Assignment Help Operation Management
Reference no: EM131956865

The focus in health care reform is cost control in light of annual double­digit inflation since the late 1990s and the consumption of nearly 17% of the gross domestic product (GDP) in 2009 (more than any other country in the world). The debate is over how to reduce the rate of spending for health care while preserving quality and access to care for patients.

Research at least 2 methods of reducing the percentage of the GDP spent on health care. You will need to be able to describe how you would do this in specific terms. This can be a number of approaches, such as the following:

Completely dismantle the current system and start over-A monumental task

Revise the current payment system to reflect current economic constraints

Cut Medicare and Medicaid Insurance reform

National health insurance based on the Massachusetts Model Malpractice reform

Legislation such as the Balanced Budget Act of 1997, the Medicare Modernization Act of 2003, the Affordable Care Act (2010), and others

Provide the following elements in your paper:

Describe the model you are supporting to best control costs without compromising the quality and access to health care, and explain how the model works.

Analyze the method that you are supporting, detailing the strengths and weaknesses from all stakeholder group (e.g., patient, provider, and third­party payer) perspectives.

Provide an example of the model in real time or as a scenario.

Summarize the anticipated results in terms of costs and benefits.

Execute and employ appropriate quantitative and qualitative techniques to manage and allocate human, fiscal, technological, informational, and other important resources.

Execute leadership in all levels of private and public healthcare policies, resource allocation, and priority setting.

Length: 3 pages, excluding reference page

Format: APA

Reference no: EM131956865

Questions Cloud

Discuss the approaches to management and policy : Discuss the 3 approaches to management and policy (systems, critical, and public interest) as they relate to the management perspective in health care.
Importance of using and becoming the system superuser : Describe pros and cons such as security, access, potential for compromise, whether or not it's a good practice to login and do routine tasks as the superuser
What is the balance on the account after first month : How much can you withdraw each month? What is the balance on the account after the first month?
Theft of digital assets containing the company : Focus on the theft of digital assets containing the company's intellectual property (i.e. files, emails, etc.).
Describe the model you are supporting to best control costs : Describe the model you are supporting to best control costs without compromising the quality and access to health care, and explain how the model works.
Calculate the intrinsic value of the call option : You could purchase a put with a strike price of $70 for $2. calculate the intrinsic value of the call option.
What project areas need to be assessed in a readiness : Why is the readiness process so important to an ERP implementation?What project areas need to be assessed in a readiness process?
What is knowledge transfer : After reading the required textbook chapter, answer the discussion questions and give reasons and examples to support your response.
How does your knowledge of other epidemics in history : How does your knowledge of other epidemics in history provide additional insight into the impact of the Black Death?

Reviews

Write a Review

Operation Management Questions & Answers

  Explain the role of compensation surveys

Explain the role of compensation surveys, why is it important to update survey data? Briefly discuss dessigning job-based pay system (i.e merit pay, sales incentive pay) and person-focused programs. what considerations arise when making a transition ..

  What are the dangers of ineffective communications

What are the dangers of ineffective communications within a medical office

  Participate in the project implementation

Speculate what would happen if a step is not completed in the project management process? What are the consequences for all stakeholders? For example, what would be the potential pitfalls if a stakeholder decided not participate in the project implem..

  National cultures important in strategic managment

How can a corporate culture be changed? Why is an understanding of nation cultures important in strategic management? Why is understanding of national cultures important in strategic managment?

  Analyze the strategic fit of an organizations business model

Analyze the strategic fit of an organization's business model.Analyze the strategic fit of organizational resources and capabilities.

  Aircraft maintenance errors result in aircraft failures

How and why does aircraft maintenance errors result in aircraft failures? As an aircraft manager, how can you better manage maintenance errors? and explain how better management can prevent aircraft failures.

  Activities are part of project to be scheduled

The following activities are part of a project to be scheduled using CPM: ACTIVITY IMMEDIATE PREDECESSOR TIME

  Theories of child development

Post at least three concepts, principles, or theories of child development or parenting in which you have gained greater understanding during this course?

  Essential elements of an organizational ethics program

What is the goal of an organizational ethics program? What are the essential elements of an organizational ethics program?

  Challenges that will impact growth expansion plans

Does Danone have substantial debt and or challenges that will impact their growth expansion plans

  Offers pet grooming services

Next to your coffee shop you and the other two property owners rent space to a woman who operates a pet store that offers pet grooming services.

  How firms estimate their cost of capital the wacc for a

1. how firms estimate their cost of capital the wacc for a firm is 13.00 percent. you know that the firms cost of debt

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd