question archive 1) Pick a healthcare organization name

1) Pick a healthcare organization name

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1) Pick a healthcare organization name. Think about the reimbursement types that the organization is basing the financial sustainability on. List the organization type (e.g., for-profit, not-for-profit, etc., a hospital, a minute clinic, etc.). List the income streams appropriate (e.g., out of pocket, capitation, fee-for-service, etc.).

2) Discuss how we can use epidemiology to assess served population healthcare risks that will affect the cost of care and financial sustainability of your organization. Give an example.

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Kindred Hospital Melbourn is a healthcare organization in the state of Florida. In order to enhance financial stability, it is crucial and necessary for an organization to establish proper types of reimbursement. The Kindred Hospital Melbourn is a profit-based medical care facility, which offers quality and affordable services to patients. Every organization has a key financial process in order to continue being beneficial to the patients. Actually,  no healthcare organization can continue to provide quality health care without revenue generation and a proper financial process. the organization must then establish revenue sources. These streams could be capitation or fee for service or out of pocket. Many variables such as the area and demography depend on the required financial mechanism or income stream.

 

Health care providers conclude a deal with IPA in capitation (Independent Physician Association). The healthcare providers receive a monthly payment per enrolled patient under this contract.  A capitation is an approach focused on efficiency or quality based. The health care providers bill patients for their care on the basis of the amount of services they offer. Therefore, it will often be possible to recommend more medical procedures to improve revenue production than appropriate in this model. When individuals make direct payment to health care providers at the time of service use, these are called out of pocket payments. The capitation model is used by Kindred Hospital Melbourn. It has entered into a contract with IPA (Individual Physician Association) and receives a flat monthly payment for every patient enrolled.

 

In a given population, epidemiology is the study and analysis of disease. Epidemiology study is used in Kindred Hospital Melbourn to assess served population health risks. This study is used to track and screen diseases and to compare various treatment results. This helps to reduce or minimize the cost of medication by recognizing the conductors of health care costs. This helps in strengthening the financial stability of the Kindred Hospital Melbourn. An example of this is the case-based recently designed study of the trends or patterns of the disease in the serving population.  Identifying this pattern has helped Kindred Hospital Melbourn to implement better disease control measures. As a result, the cost of medication or care has reduced and financial stability has been created and strengthen.