Nobody downloaded yet

Healthcare Business & Financing - Essay Example

Comments (0) Cite this document
Health care system may be observed from a financial perspective in the sense that, just like any other business, healthcare system provides services to the community/clients at a cost. Moreover, health care system place orders for raw materials from the vendors and pays them…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.1% of users find it useful
Healthcare Business & Financing
Read TextPreview

Extract of sample "Healthcare Business & Financing"

Download file to see previous pages Various empirical studies that have done over the past by the researchers to prove that there is a relationship between social, economic status and heath results. For example, a group of researchers of Internal medicine carried out research to determine whether there is a correlation between socioeconomic status and results for patients with a heart attack. The research discovered that poor patients who have been with a heart attack perform worse as compared to patients from the rich families. The argument may be by the fact that the poorest patient tend to undergo via extreme stress because they cannot meet their medical expenses as compared to the rich patients. Further, the study discovered those poor patients diagnosed with a heart attack were found to die early as compared to the rich. The reason for early death is due to the social, economic status. It was observed that patients from power social and economic background could not afford quality health care due to their low incomes. In addition, patients from the poor background are unable to adapt/change their lifestyle as compared to the rich. The discussion indicates that there is a relationship between socioeconomic status and health outcomes (Alter et al., 2006).
In America, health care is a privilege but not a right. Americans believe in conservatism; every individual should be able to cater for their needs including health care. The federal government has a role of empowering its citizens so that they can take care of their needs. The US constitution does not provide health care as a right. The Americans have been paying their medical bills without relying for the government to pay their medical bills. It is imperative to note that there is various reimbursement methods in healthcare system used to pay medical bills and include; billed, historical, specific service charge, bundle charge and capitulated reimbursement ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Healthcare Business & Financing Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Healthcare Business & Financing Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from
(Healthcare Business & Financing Essay Example | Topics and Well Written Essays - 1000 Words)
Healthcare Business & Financing Essay Example | Topics and Well Written Essays - 1000 Words.
“Healthcare Business & Financing Essay Example | Topics and Well Written Essays - 1000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Healthcare Business & Financing

Healthcare Financing Aspects and Tourism systems, social policies in the countries and their involvement in this industry of medical tourism. The concept of medical tourism has been born in this era of globalization although people used to undertake long journeys in ancient times as well for healthcare reasons. Several countries are becoming medical tourism destinations since in addition to the healthcare facilities they have improved transportation and communication facilities (Connell, 2010, p. 96). Medical tourism is a rising industry and is a part of “private, for-profit health care” (Johnston et al, 2010). Both the countries can mutually benefit by participating in this business. However, it requires serious oversight...
16 Pages(4000 words)Essay

Healthcare Financing in Italy

...? Health Care Financing: Italy 8 October Introduction Italy is among the top rankers in the WHO overall healthcare system.It offers a comprehensive healthcare insurance provision, where funding principally relies on public financing. In Italy, private health insurance barely exists, though some private employers offer various forms of healthcare insurances (Maio & Manzoli, 2002, p.304). Health Care Financing The Italian healthcare system is dominated by public financing. Private health insurance hardly exists, though some private employers offer various forms of healthcare insurances to...
3 Pages(750 words)Term Paper

Financing a Business Magazine Article

...?Difficulties and Alternative Sources of Raising Finance to Small Businesses Undoubtedly, small business sectors, better known to be the Small and Medium Enterprises (SMEs), have gained immense significance as a key contributor to the overall economic growth. As stated in the report published by OECD in 2004, “These firms typically account for more than 90% of all firms outside the agricultural sector, constitute a major source of employment and generate significant domestic and export earnings” (OECD, 2004). Even though, in common instances, credit has been rendered to the small businesses of developing countries such as India, Brazil, China, and South African states among others, the small businesses sectors in developed nations... the...
8 Pages(2000 words)Essay

Financing a Business Magazine Article

...?Financing a Business Magazine Article Strong cash flow is the core of any flourishing small business. The recent deviation in the financial environment has affected the banks as well as the small businesses. On one hand the weakening society has put additional pressure on the small businesses and on the other hand banks are not confident enough to finance any new venture or small business. This study would be on, the effect of financial crisis on small enterprises, other modes of financing other than bank loans, and capturing the point of view of the various participants in the financing...
7 Pages(1750 words)Coursework

HEALTHCARE POLICY- HEALTHCARE FINANCING a childcare or adult care centre, healthcare facility, and private club open to the public and private religious centre open to the public religion ceremonies. According to Abood (2007), if the healthcare legislative bill is enacted, the bill might be costly to the manufacturers of cigarettes countrywide. This is in the sense that the businesses might lose customers a good number of smokers that used to carry out their acts in public places without caution. However, these businesses might gain new more smokers who never used to smoke; as they have been designated private sites where they could freely smoke without restrictions. In support of these views, Wolf (2001)...
3 Pages(750 words)Essay

Financing Delivery of Healthcare Services

...?Financing Delivery of Health Care Services in Mexico Grade (13th, Oct, Financing Delivery of Health Care Services in Mexico Healthcare in Mexico is provided through three major avenues; namely the public institutions, the private health institutions and individualized care offered by private physicians. Therefore, there are varied sources of financing for healthcare in this country, which a Chief Financing Officer of a healthcare facility can rely on. This discussion seeks to address different methods of public and private healthcare financing in Mexico, with the aim of assessing their...
6 Pages(1500 words)Article

Financing a Small Business

...Full topic and Section # of Financing a Small Business Research Report The footprint of man on this planet is now taking its toll on man himself. This shows up in the form of so many social and political problems that the entire world is facing today. Global economic recession is just the beginning, this is suspected to lead to scarcer resources and hence wars. But, as scientists and economists struggle to devise ways of bringing back the lost balance, companies are finding excuses to fire excess employees and laying off its workforce at a fast pace to keep their costs low. This has led to huge unemployment in even the most developed countries let alone the underdeveloped. Luckily, there are still many...
5 Pages(1250 words)Research Paper

Financing A Healthcare Organization

...Part I Calculations Current Ratio 2002 2003 2004 0.31 0.59 3.22 2. Long-term solvency Ration 2002 2003 2004 3.83 2.60 0.94 3. Contribution Ratio (Networking for business) 2002 2003 2004 36.28 28.61 32.31 4. Management/Expense Ratio 2002 2003 2004 0.296 0.281 2.260 5. Revenue/Expense Ratio 2002 2003 2004 0.983 0.944 1.111 Part II Ratios are well known and the most widely used tools of financial analysis. A ratio gives the mathematical relationship between one variable and another. The analysis of a ration can disclose relationships as well as bases of comparison that reveal conditions and trends that cannot be detected by going through the individual components of the ratio. Current...
5 Pages(1250 words)Essay

Planning, policy and financing of healthcare

...Planning, Policy and Financing of Healthcare al Affiliation Abu Dhabi is a in the United Arab Emirates that has heavily invested in the healthcare sector. This was in response to challenges faced by the government in providing meaningful access to healthcare for all individuals, with no healthcare burden sharing with employers in the United Arab Emirates. Administrative reforms in the health care sector began in Abu Dhabi in 2005 when the Abu Dhabi Health Insurance law was passed. By-laws associated to the 2005 law were introduced the following years and in 2008, majority of people were covered by the mandatory health insurance. A system of monopoly in the provision of health insurance was therefore shifted from Daman... ...
5 Pages(1250 words)Research Paper

The future of healthcare financing

...of the population by the health care providers who are leaning more on profit maximization rather than service delivery (Cleverley, James and Paula 56). This move will be forced by the widening disparity on prices between various health sectors. The future of health financing will be characterized by effective systems. The health care providers will be more business minded. As a result, they will ensure that they provide high quality services to the people in order to attract more customers. Currently, numerous complaints have been raised concerning the effectiveness of the financing system (Cleverley, James and Paula 56). Therefore, as more people continue to enroll for the...
2 Pages(500 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Healthcare Business & Financing for FREE!

Contact Us