Question

In: Economics

MACRA Medicare Access and CHIP Reauthorization Act (MACRA). Your policy research report should address the following...

MACRA Medicare Access and CHIP Reauthorization Act (MACRA).

Your policy research report should address the following elements:

I. Economic Theories and Principles:

A. Economic Disparities: Analyze the relationship between the financial well-being of the industry and availability of healthcare, in consideration of market and demand theories.

B. Economic Theories: What economic theories are most useful when applied to the healthcare industry and why?

C. Use of Economic Principles: Why do organizations utilize economic principles to guide strategic short-term and long-term decision making?

II. For-Profit and Nonprofit:

A. Financial Differentiation: What differentiates for-profit and nonprofit healthcare organizations financially? What characteristics of each type of healthcare organization make the organizations different?

B. Economic Differentiation: What differentiates for-profit and nonprofit healthcare in terms of economic policies and legislation? What key recent and current economic policies impact each?

III. Policy, Changes, and Disparities:

A. Economic Policy and Disparities in Care: Using current research and information (within the last five years), analyze the relationship between economic policy and disparities in care. How are they connected? How do they differ?

B. Policy Changes: What impact do recent legislative changes have on healthcare economic policy in general?

C. Disparities Planning: Why are disparities of care factored into healthcare strategic planning? Explain your reasoning and provide examples for support where appropriate.

Expert Solution

Rahul Sunny answered 2 years ago

The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) Analyze the organization by identifying the...

The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) Analyze the organization by identifying the sub-industry or type of organization it belongs to (e.g., home care, hospital) and the financial background of the organization. Is the organization you selected a nonprofit or for-profit? Finally, considering the sub-industry your organization belongs to, what kind of impact do the economic principles of demand and market/consumer behavior have on this organization’s financial statements? For example, do the statements reflect a spike on...

Briefly discuss the Medicare Access and CHIP Reauthorization Act (MACRA). How does it impact patient care?...

Briefly discuss the Medicare Access and CHIP Reauthorization Act (MACRA). How does it impact patient care? How does it impact healthcare providers?

Health IT legislation includes: - 21st Century Cures Act (Cures Act) - Medicare Access and CHIP...

Health IT legislation includes: - 21st Century Cures Act (Cures Act) - Medicare Access and CHIP Reauthorization Act (MACRA) of 2015 - Health Information Technology for Economic and Clinical Health Act (HITECH) of 2009 - Section 618 of the Food and Drug Administration Safety and Innovation Act (FDASIA) of 2012, - Health Insurance Portability and Accountability Act (HIPAA) of 1996 - Affordable Care Act of 2010 (ACA) These are the main regulations that govern health IT. Discuss the pros and...

The Patient Protection and Affordable Care Act of 2010 (ACA) and the Medicare Access and CHIP...

The Patient Protection and Affordable Care Act of 2010 (ACA) and the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) changed the way that healthcare providers are reimbursed in the United States. Both laws attempt to move from a volume-based reimbursement method to a quality-based reimbursement method. For this discussion forum, select one of the two laws and discuss some key points of how the law you selected has changed reimbursement. Consider discussing if we have seen improvements in...

On the basis of your research and findings your paper should address the following: Do a...

On the basis of your research and findings your paper should address the following: Do a cost-benefit analysis of the selected healthcare organization. Explain your analysis of the cost-benefit ratio and how it helps an organization. Explain the impact of the cost-benefit ratio on recruitment and retention strategies of a healthcare organization. Outline ways to improve the cost-benefit ratio of the selected healthcare organization. Explain the role of HRM in ensuring the most competitive compensation package for employees. Describe methods...

Question 7 Medicaid, Medicare and the Affordable Care Act are funded by fiscal policy and allow...

Question 7 Medicaid, Medicare and the Affordable Care Act are funded by fiscal policy and allow citizens in the U.S. to bear the full costs of their medical expenses Question 7 options: True False Question 8 A large healthy pool of insured individuals will drive premiums down for those who are part of the same pool but not as healthy. Question 8 options: True False

Review (within the last year) health-related policy (not the Affordable Care Act). on the medicare or...

Review (within the last year) health-related policy (not the Affordable Care Act). on the medicare or Medicaid acts or pharmacy acts, review one of those related to health care policy and review, Introduce this policy in your paper and discuss the following: How the governmental policy process informs the development, implementation, and assessment of policy within the realm of health care. The impact of your chosen policy on health care consumers, organizations, and systems. The impact of your chosen policy...

Access EDGAR at the following internet address: www.sec.gov. Study the website to be able to access...

Access EDGAR at the following internet address: www.sec.gov. Study the website to be able to access the financial statements of Cisco Systems Inc. Locate the company’s most recent 10Q report and answer the following questions: a. What is business address of Cisco Systems? b. Locate the balance sheet in Form 10Q and determine if the amount of company’s cash increased or decreased in most recent quarters. c. Locate the income statement. What’s the company’s net income in most recent quarter?...

The Affordable Care Act is the expansion of socialized medicine beyond traditional Medicare and Medicaid. Should...

The Affordable Care Act is the expansion of socialized medicine beyond traditional Medicare and Medicaid. Should the United States adopt a universal health care policy like that of other industrialized nations?

For Network Access Control and Cloud Security You are required to research and report on this...

For Network Access Control and Cloud Security You are required to research and report on this topic according to the Detail of Question below. A. Select one paper to: Read, understand in order to present three main parts: 1. Summary: o Provide a 200-300 word summary of the paper under review, from the background to the results being presented, and further work proposed. Please do NOT copy the abstract into this space! 2. Main points: o The main issues as...