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Posted: December 20th, 2021
HCA340 week 3 dq1 & dq2 A+
Discussion 1
Health Insurance Benefits
Managers need to understand the impact on the financial viability of a
health service organization for providing care to the uninsured or
underinsured. Review the following case scenario and provide a
substantive 150 to 200 word response that thoroughly answers each of the
following questions: Joe Smith is a 27- year-old Caucasian
male who works two part-time jobs for two different construction
companies. Joe has been having dizzy spells off and on for the past two
months. While driving to work one day, he loses consciousness and is
involved in a motor vehicle accident. Joe is admitted to your
not-for-profit hospital with a broken leg and multiple lacerations.
Does Mr. Smith fit the typical profile for an uninsured person in the United States? Justify your answer.How will your hospital most likely be reimbursed for Mr. Smithâs medical care?During
the recent economic downturn, your community has experienced
unemployment rates of approximately 9%. What can be done to mitigate
the effects of the financial impact to your organization?
Discussion 2
Managing Financial Budgets
Health care financial management is complex
and an effective health care administrator must understand what makes up
the foundation to financial operations. This includes: health
insurance (private and social) and reimbursements, private vs. not-for
profit entities, costs and expenditures, capital, materials management,
and budgeting. Provide a substantive 150 to 250 word initial post that
fully answers the following questions:
Outline and discuss the major categories of reimbursements and
costs in a health care organization. How do they influence each other?In addition, how do expenses and revenues affect the specific types of budgets outlined?
Utilize at least one scholarly source, cited in correct APA format that
supports factual statements and conclusions about the topic.
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