need help with this assignment ,,, needs to be plagiarism free... healthcare finance
FINANCIAL MATRIX 0
FINANCE ENVIRONMENT MATRIX
Stefanie Elizarraras
HCS 385
May 15, 2017
Khaki Webster
Finance Environment Matrix
| Economic trend of the health care payment system | Role of ethics | Compliance Issues |
| Physicians’ increased feeling of the financial pressure from the regulations and policies of CMS | -improve patient experience -reduce costs -healthier organization | -Major rating credit rating agencies -Personnel shortages -Patient satisfaction -Quality scores (Porter, 2009). |
| Increasing costs of systems and services of Healthcare | -patient rights respected -maintain health exchange confidential -bills should be scrutinized for accuracy | -HIPPA compliance - coverage of healthcare more accessible and affordable -fines and penalties for all violations (Feldstein, 2012) |
| Financial and costs viability as a significant healthcare by the CEOs. | -patient overall satisfaction -Performance improvement from all sources -informed decision making | - Billing format correct and accurate -ICD-10 coding system -Medicare Payment Advisory Commission (Seedhouse, 2008) |
References
Feldstein, P. J. (2012). Health care economics. Cengage Learning.
Porter, M. E. (2009). A strategy for health care reform—toward a value-based system. New England Journal of Medicine, 361(2), 109-112.
Seedhouse, D. (2008). Ethics: the heart of health care. John Wiley & Sons.
