Question

In: Finance

3 economic trends of the healthcare payment

3 economic trends of the healthcare payment

Solutions

Expert Solution

3 Economics tends of healthcare payment are as follows-

A.online payments is the current trend of payment of healthcare systems because majority of the patients are willing to pay the health care systems through online payments and it will help in maintaining a time saving as well as loss of physical interactions.

B. The healthcare system has moved from volume to value and now they are trying to incorporate value overall facilities so that customers could be fulfilled with their requirements rather than generation of volume

Patients are becoming more value to money kind of participants and they always want to maximize the value derived out of facilities provided by health care.

C. Higher deductibles are also making these patients more of cost sensitive nature and they are trying to maximize the overall advantage associated with medical bill payments and paying the medical bills themselves in order to decrease the taxable income.


Related Solutions

How can I create a matrix to show 3 economic trends of healthcare payment system. Second...
How can I create a matrix to show 3 economic trends of healthcare payment system. Second identify ethics and compliance issues associated with those trends.
Research modern trends in healthcare. Compare and contrast U.S. healthcare modern trends to healthcare trends in...
Research modern trends in healthcare. Compare and contrast U.S. healthcare modern trends to healthcare trends in other countries.
V. Economic Trends or forecast In this section list the economic trends or business cycles that...
V. Economic Trends or forecast In this section list the economic trends or business cycles that you feel are relevant to investing. Provide information from Livingstone Survey and The Conference Board's LEI and CEI that may be used to forecast the economy’s direction.
defend the providers of healthcare for the payment of healthcare services.
defend the providers of healthcare for the payment of healthcare services.
Identify and Document Key trends (Technical, Social/Demographic, Regulatory, Legislative/Political and Economic Issues) related to Healthcare in...
Identify and Document Key trends (Technical, Social/Demographic, Regulatory, Legislative/Political and Economic Issues) related to Healthcare in United States.
2.1Discuss healthcare and healthcare trends and their relationship to medical assistant practice. 2.2 Identify medical specialties...
2.1Discuss healthcare and healthcare trends and their relationship to medical assistant practice. 2.2 Identify medical specialties and specialist certified by the American Board of Medical Specialties (ABMS). 2.3 Recognize the duties of various allied health professionals with whom medical assistants may work. 2.4 Compare specialty careers that a medical assistant may choose for advancement. 2.5 Differentiate professional associations that relate to healthcare and explain their relationship to the medical assisting profession
On the Horizon: The Trends on the National & International Healthcare Landscape Access the Bureau for...
On the Horizon: The Trends on the National & International Healthcare Landscape Access the Bureau for Labor Statistics website (https://www.bls.gov/ooh/healthcare/home.htm ). Search for various positions of interest in the healthcare sector. In 250 words, discuss the areas of greatest growth and reason(s) for it? Is HIT/HIM listed as one these fastest growing fields?
In this discussion, examine the trends that are likely to shape the future of healthcare. 150...
In this discussion, examine the trends that are likely to shape the future of healthcare. 150 word
what are three top trends in the healthcare industry with respect to cybersecurity .
what are three top trends in the healthcare industry with respect to cybersecurity .
Automobile Manufacturing Report important trends that impact the industry, addressing each of these areas: Economic trends...
Automobile Manufacturing Report important trends that impact the industry, addressing each of these areas: Economic trends like employment, wages, and job creation Regulations, political influences, or legal considerations Social and cultural trends such as consumer beliefs, behaviors, living arrangements, gender/ethnicity patterns, etc. Technology trends, such as automation, e-commerce, social media, energy sources, etc.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT