As a young professional in a competitive job market‚ I have taken the initiative to pursue a graduate level degree in healthcare administration. Upon completion of this program‚ along with my significant work experience in my specialized field‚ I plan on setting myself apart from the rest of the workforce. I will have the personality and the resume that stands out among any other of the applicants’. As I start to advance through the master’s program‚ I am preparing for the challenges that lie ahead
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In a recent article on healthcare‚ entitled Value in Cancer Care‚ it was announced the American Society of Clinical Oncology are proposing to provide “a tool to help patients decide if cancer drugs are worth it”. A group of doctors are proposing this tool to give people a way of measuring “what treatment will cost them and how much good it is likely to do” in making an informed decision on their care. (Marchione‚ 2015) The reason for this is cited as being due to the rising cost of cancer treatment
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DECISION-MAKING APPROACH IN REGARD TO THE HEALTHCARE CHALLENGES SET FORTH BY THE PROTECTION AND AFFORDABLE CARE ACT OF 2010 CECILIA AVEROS MBA IN HEALTHCARE MANAGEMENT ‚ ABSTRACT Patient Protection and Affordable Care Act( PPACA) also known as Obama care is a healthcare reform signed in March 23‚ 2010 whose main goal is to conceptualizes the “ Universal affordable Healthcare Coverage “making significant
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Healthcare and Religious Beliefs In the healthcare organizations‚ the medical staff must conform to accepted standards of conduct. Physicians must make ethical decisions regarding healthcare. They must also take spiritual and religious beliefs into consideration for treatment of the patients. Spiritual beliefs may help the healing process and spiritual beliefs can also hinder the healing process (Patients’ Religious and Spiritual Lives). “The Joint Council for Accreditation of Healthcare Organizations
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Management Effective in Healthcare Organizations 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
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1a: The two common strategies that health insurance companies in the U.S. apply to maximize their profit is by increasing cost and decreasing coverage. The U.S. maximizes cost by increasing cost of prescription pill and charging for malpractice insurance. U.S. charges ten times more for prescription medication and One-hundred time more for malpractice insurance than other developed countries. (Reid 2010). The U.S is also maximizing profit by decreasing the number of people eligible for coverage through
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Healthcare in america Ten years ago‚ the US healthcare system was declared “broken‚” and it has not improved. Fixes promised by managed care have not materialized. Premiums are rising. Hassles for patients and physicians abound. Nearly 45 million Americans are uninsured. Over the next decade‚ these problems will worsen and new challenges will arise. Although new technology will increase efficiency‚ the cost of new tests and treatments will outweigh the savings. As physicians get better at treating
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+ Be familiar with the five forces compelling a transformation of the health care industry‚ and be able to identify the role Information Technology will play in achieving this transformation. The five forces compelling a transformation of the healthcare industry are; • Demographics; the baby boomer generation‚ and the need to serve and finance the aging. • Consumerism; individuals are demanding the right to manage their own health care and to participate in decision making regarding choice of
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From 2013 to 2015 healthcare has spent 17.4 percent of GDP and expect to intensify over the years to come‚ according from the Center for Medicaid and Medicare Service. The reason for an increase‚ is due to increasing treatments‚ medications‚ medical research and more (U.S. Bureau of Economic Analysis‚ 2015). Moreover‚ Obama Care (Affordable Care Act) involves an increase in the economic activity in healthcare considering everyone has to partake in health insurance. However‚ the output of the GDP
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quality improvement in healthcare through quality measurement and reporting initiatives. With quality measurement‚ comes difficulty for payers to determine which reasonable quality measures are vital‚ how to interpret and use quality information in a meaningful way‚ and how to present useful and actionable information to consumers‚ according to a new Policy Analysis from the National Institute for Health Care Reform (NIHCR) (Retrieved from Cassil A. & Cross D.‚ 2013). As U.S. healthcare costs are persistently
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