Pros And Cons Of The Reimbursement System

Health care is a vital part of every human being. In the modern world, health care systems have become very expensive for every individual to afford. There has also been a lot of difficulty in acquiring qualified staff to work in the health facilities. More so, the health care systems have been continuously revised and technology has greatly influenced the improved health services. However, technology has also raised the cost of living thereby leaving people stranded in acquiring proper Medicare care. As such, the reimbursement systems have been incorporated in the health care sector in order to help the common people access health care services. The reimbursement system involves the use of insurance companies and government sponsored corporations
To begin with, the coding system is very important in the health facility since it provides a standard language which can be understood by the health professionals working in the different branches of the health facility (Mourar & Medical Group Management Association, 2012). It also ensures easy communication and storage of patient health records. The new EHR system will thereby be able to simplify the communication between different departments of the health facility which will thereby ensure quality care to the patients. The system will adapt the new ICD-10 (Ferrao, Janela, Oliveira, & Martins, 2013). In turn, the new encoding system will ensure revenue maximization which is the goal of the
As such, the new system will ensure less employees in the health facility wards. This means that the health facility will be able to earn more direct revenue from patient treatment which would have otherwise been used to pay the health workers’ salaries (Mourar & Medical Group Management Association, 2012). The patients in the severe cases wards like the ICU will be required to pay more for their health treatment since they are in constant use of the new EHR system compared to the other inpatient and outpatient patients. Therefore, the more severe the case of a patient is, the more the patients will rely on the EHR system and they will thereby pay more for their treatment. The partnership of patients with health insurance companies will ensure that the low-income individuals will be able to acquire and afford medical treatment (Zhang, Liu, & Xue,