Finances in Healthcare - 764 Words

Finances in healthcare HCA340: Managing in Health Human Services Instructor January 14, 2012 Examine the financial characteristics of health care delivery along with managing costs, revenues, and human resources. I have chosen to research my final power point on the financial aspect of healthcare because this is the part of healthcare that drives me to desire change with the industry. There are so many things to understand when healthcare is†¦show more content†¦Annotated Bibliography Dranove, D. (1998). Economies of scale in non-revenue producing cost centers: Implications for hospital mergers. Journal of Health Economics, 17(1), 69-83. Retrieved from http://search.proquest.com/docview/205800624?accountid=32521 This article compares the magnitude of economies and 14 non-scale producing cost centers in hospital. Betancourt, E. J. (1978). Charges vs cost-how deductions from revenue affect profit. Hospital Financial Management, 32(3), 36-36. Retrieved from http://search.proquest.com/docview/196380356?accountid=32521 I really enjoyed this article, as it went into effective financial planning. The 2 major categories of cost are total charges (the patients bill) and the cost of providing services. These 2 costs can be defined mathematically in the following indices: average revenue per patient day and the cost per patient day. Evans, M. (2010, Nov 17). Patients without insurance treated at free surgery day. Daily Breeze. Retrieved from http://search.proquest.com/docview/807461298?accountid=32521 This article talks about Kaiser Hospital performing 18 surgeries on patients without insurance. This was part of an annual free surgery day to give back to the community. Schmidt, R., amp; Altus, G. (2010). Reshaping the healthcare delivery network. Healthcare Financial Management, 64(1), 100-4. Retrieved from http://search.proquest.com/docview/196362226?accountid=32521 ThisShow MoreRelatedHealthcare Finance1518 Words   |  7 Pagesand accessible health care, the government has stepped in. The Patient Protection and Affordable Care Act (PPACA), is a United States federal statute signed into law by President Barack Obama on March 23, 2010. The goal of the healthcare reform is to make healthcare more affordable and accessible to all American citizens. This package will cost roughly $940 billion over 10 years to provide expanded insurance coverage, according to Congressional Budget Office. The plan is expected to reduce theRead MoreHealthcare Finance685 Words   |  3 PagesCinema 101 Monday May 27, 2014 Growing Apart: Distance and Loss in Citizen Kane Citizen Kane (Orson Welles, 1941) is an American drama film that narrates the story of a newspaper magnate who gained worldly success in his life, but he lost connection with people around him during this process. 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