In: Nursing
he Affordable Care Act (ACA) has made a huge impact on healthcare delivery system and especially in regard to financial management of healthcare organizations and delivery of high quality healthcare services.
The timeline for implementation of the Affordable Care Act will continue through 2020. Locate 3–4 updates (past, present, or future) on the timeline that are related to healthcare finance. Discuss these changes or initiatives and include thoughts on how they have and will continue to impact healthcare finance.
In 19 th centuries, healthcare was in need for integration of managed care, providers and hospitals. Healthcare is competition drivena nd consolidation driven. hospitals have access to broad networks and computing systems. acoounting systems were shared, integrated but limited.
In 20th century, integration incresed, technolgy driven, outcome based reimbursements, clinical applications at bedside, commercial and realtime medical decision support systems made available. Broad clinical support for decision making, Broad operation systems as it is integrated with EMR, data warehousing and analytic systems were emerged.
India's poor governance leds to insufficient healthcare access to all by playing government as a single user. so multiple private health care organizations emerge. India is the place where new experimentation is open for healthcare financing. In countries like singapore and china, medical savings accounts played a vital role in healthcare financing and being successful, china too adopted the same in urban areas. Government will pay the charges who are not able to afford. As india being a large population under poverty line, adopt the same for healthcare financing.