The Health Sector and Insurance

1591 Words4 Pages
bulb-icon

Recommended: Case study merger hospital

Literature review According to Wager, Lee, & Glaser (2013), HealthCare information management is the exercise of servicing and proper good care of health information by traditional and new digital means in healthcare centers, physician's office hospitals, health divisions, health insurance policy organizations, and other features that provide health good care or servicing of health information. Armoni (2010) adds that with the widespread computerization of health information and other information sources, such as healthcare center management features and health recruiting details, health informatics and health technological innovation are being increasingly utilized in information control practices in the health good care sector. (American Society for Healthcare Risk Management, 2011)Nationwide healthcare insurance policy coverage is health insurance policy coverage that insures a national population for the costs of medical good care and usually is instituted as a system of healthcare reform. It is enforced by law. It may be administered by the public industry, the private industry, or a combination of both. Funding mechanisms vary with the particular system and country. Nationwide or Statutory wellness insurance policy coverage does not equate to state run or state financed medical good care, but is usually established by national legislation Information technology innovation solutions for the small companies and branches vary in nature. The variations range from software implementations to organizations small or big nature which share common goals of rapid expansion and revenue maximization (Haux & Ammenwerth, 2011). Unlike large organizations, however, small firms cannot depend on sizable budgets or internal teams to deploy a... ... middle of paper ... ...ficiaries and have no employer-subsidized medical aid or supplemental coverage. Hospital mergers. Benefits from healthcare center mergers is low hence in most scenario is lower than the value expected. A study conducted in this area found out that the effect was 7% which was a normal reduction for all consumers. When comparing the results with other healthcare centers, it is evident that the savings remain extremely small. This are health centers having competition within the same market. The medical insurance system will benefit greatly if there are a few hospitals. This is because it guarantees an entry that is easy and facilitate management of available insurance data (Tan J. K., 2001). On the other hand it may curtail the maximum collection of revenues from the medical system. This concept affects greatly the service delivery capability of insurance companies.

Show More
Related

  • Canada Healthcare System vs. The United States Healthcare Systems

    1490 Words  | 3 Pages

    Health Information Management Technology. (3rd Edition). Chicago, IL: AHIMA Press.

    Read More

  • The Merger of Two Competing Hospitals: A Case Study

    3362 Words  | 7 Pages

    A merger is a partial or total combination of two separate business firms and forming of a new one. There are predominantly two kinds of mergers: partial and complete. Partial merger usually involves the combination of joint ventures and inter-corporate stock purchases. Complete mergers are results in blending of identities and the creation of a single succeeding firm. (Hicks, 2012, p 491). Mergers in the healthcare sector, particularly horizontal hospital mergers wherein two or more hospitals merge into a single corporation, are increasing both in frequency and importance. (Gaughan, 2002). This paper is an attempt to study the impact of the merger of two competing healthcare organization and will also attempt to propose appropriate clinical and managerial interventions.

    Read More

  • Healthcare Information Technology: Effects On Cost Access And Quality

    1986 Words  | 4 Pages

    Health informatics is best described as the point where information science, medicine, and healthcare all meet. It encompasses the resources, devices, and methods required to optimize the acquisition, storage, retrieval, and the use of information in health and biomedicine. Health informatics incorporates tools such as: computers (hardware and softwar...

    Read More

  • Health Information Management Career Essay

    949 Words  | 2 Pages

    According to the American Health Information Management Association, Health information is the data related to a person’s medical history, including symptoms, diagnoses, procedures, and outcomes. Health information records include patient histories, lab results, x-rays, clinical information, and notes. The data can be analyzed to see how a patient’s health might have changed. I took interest in Health Information Management when it was brought to my attention by a doctor. He told me that is a very interesting field and it is in high demand as they have more jobs than people to fill them. I went home, researched it and now here I am making my entry into the field.

    Read More

  • The Health Insurance Crisis in America

    2561 Words  | 6 Pages

    Health insurance comes as second nature to many of us. We grab that blue and white card and put it in our wallet and forget about it until we are sick or injured. When this happens, there it is, cushioning our fall like the extra padding it provided to cushion our wallets. This is not the case with everyone, however. Many Americans have no cushion to fall back on, no blue and white card to show the emergency room when they have an unexpected health concern. No HMO with a convenient co-pay amount when their son or daughter develops an ear infection.

    Read More

  • Electronic Health Records: Annotated Bibliography

    1502 Words  | 4 Pages

    This paper will identify the use of Electronic Health Records and how nursing plays an important role. Emerging in the early 2000’s, utilizing Electronic Health Records have quickly become a part of normal practice. An EHR could help prevent dangerous medical mistakes, decrease in medical costs, and an overall improvement in medical care. Patients are often taking multiple medications, forget to mention important procedures/diagnoses to providers, and at times fail to follow up with providers. Maintaining an EHR could help tack data, identify patients who are due for preventative screenings and visits, monitor VS, & improve overall quality of care in a practice. Nurse informaticists play an important role in the adaptation, utilization, and functionality of an EHR. The impact the EHR could have on a general population is invaluable; therefore, it needs special attention from a trained professional.

    Read More

  • How Technology Has Changed Healthcare

    1700 Words  | 4 Pages

    The health industry has existed ever since doctors bartered for chickens to pay for their services. Computers on the other hand, in their modern form have only existed since the 1940s. So when did technology become a part of health care? The first electronic health record(EHR) programs were created in the 1960s around the same time the Kennedy administration started exploring the validity of such products (Neal, 2013). Between the 1960s and the current administration, there were little to no advancements in the area of EHR despite monumental advancements in software and hardware that are available. While some technology more directly related to care, such as digital radiology, have made strides medical record programs and practice management programs have gained little traction. Physicians have not had a reason or need for complicated, expensive health record suites. This all changed with the introduction of the Meaningful Use program introduced in 2011. Meaningful use is designed to encourage and eventually force the usage of EHR programs. In addition, it mandates basic requirements for EHR software manufactures that which have become fragmented in function and form. The result was in 2001 18 percent of offices used EHR as of 2013 78 percent are using EHR (Chun-Ju Hsiao, 2014). Now that you are caught up on some of the technology in health care let us discuss some major topics that have come up due to recent changes. First, what antiquated technologies is health care are still using, what new tech are they exploring, and then what security problems are we opening up and what is this all costing.

    Read More

  • Economics of the Health Care Industry

    877 Words  | 2 Pages

    2. The twin problems of the health care industry as viewed by society are cost and access. First of all, the cost of getting health care is very high and it is getting higher each day. This has been mostly caused by the combination of high cost and an increase in quantity of services provided to the communities. The other problem involves access to health care. American enjoy limited or no access to health care. Many efforts have been done to reform this, but still but still many people are left without access to the care. These two problems are related due to the fact that if the health care industry gets to high off course people no longer will be able to have any access to it. The higher prices are, the lower access people have to it.

    Read More

  • Health Information Management

    910 Words  | 2 Pages

    Health information management involves the practice of maintaining and taking care of health records in hospitals, health insurance companies and other health institutions, by the use of electronic means (McWay 176). Storage of medical information is carried out by health information management and HIT professionals using information systems that suit the needs of these institutions. This paper answers four major questions concerning health information systems.

    Read More

  • Cloud Computing in Healthcare

    647 Words  | 2 Pages

    Wager, Karen A, Frances W. Lee, and John P. Glaser. Health Care Information Systems: A Practical Approach for Health Care Management. San Francisco: Jossey-Bass, 2013. Internet resource.

    Read More

  • Effective Management in Healthcare Organizations

    987 Words  | 2 Pages

    The present environments for healthcare organizations contain many forces demanding unprecedented levels of change. These forces include changing demographics, increased customer outlook, increased competition, and strengthen governmental pressure. Meeting these challenges will require healthcare organizations to go through fundamental changes and to continuously inquire about new behavior to produce future value. Healthcare is an information-intensive process. Pressures for management in information technology are increasing as healthcare organizations feature to lower costs, improve quality, and increase access to care. Healthcare organizations have developed better and more complex. Information technology must keep up with the dual effects of organizational complication and continuous progress in medical technology. The literature review will discuss how health care organizations can provide effective care by the intellectual use of information.

    Read More

  • Health Information Management Personal Statement

    509 Words  | 2 Pages

    My overall vision is to develop and promote information technology solutions to better improve health outcomes, patient safety, and prevention of medical errors in underserved countries. In closing, Health informatics and Health Information Management is an exciting program that is designed to provide me with a suite of resources to help me develop essential leadership, teamwork, and healthcare management skills that will help me to become successful leader in healthcare

    Read More

  • Health Insurance in America

    2133 Words  | 5 Pages

    Long time ago, there was no need for health insurance in America, as doctors had many clients because their services were not so expensive and in some cases in rural areas, people could pay by giving other items. Doctors were not as knowledgeable as they are nowadays to care for the sick, therefore this didn't have much effect then on the patients, as they were treated for the basic illnesses.

    Read More

  • Statement of Purpose: A Career in Health Information Technology

    1067 Words  | 3 Pages

    Information and Communications Technology (ICT) is reshaping the health care system in the United States at an accelerating rate. In earlier times US Healthcare system was more focused on intervention of diseases, but now it is moving more towards preventive approach and I see Health IT as the most important tool that can lead this change. I strongly believe that my professional goals, range and depth of my experience and knowledge is an asset and my enthusiasm for the field makes me an ideal candidate for the Master of Professional Studies in Technology Management (Health Information Technology) program at Georgetown University.

    Read More

  • Health Information Technology Research Paper

    473 Words  | 1 Pages

    The term "health information technology" (health IT) is a broad concept that encompasses an array of technologies to store, share, and analyze health information. More and more, health care providers are using health IT to improve patient care. But health IT isn't just for health care providers. You can use health IT to better communicate with your doctor, learn and share information about your health, and take actions that will improve your quality of life. Health IT lets you be a key part of the team that keeps you healthy.

    Read More

More about The Health Sector and Insurance

Open Document