Mis Case Study 7

The av hurtability of various ways of accounting for health affright and the rapid development of new other ways of insurance coverage the monetary statements in health plaques , the laws put in direct swear out prevent fraud activities thus dress the burden on the third party payer i .e the consumerReport provided by the common accounting office in US (1987 ) indicated that there were ascertained effect of major legislative changes on Medicare and Medicaid programs hails and cost to the beneficiary . Out of the 30 laws enacted by intercourse (1980 - 1986 ) 5 showed great effects on costs of the ii programs , they contributed to subnormality in Medicare cost growth (Medicare and Medicaid , 1987Some legislative changes guide to augment of the costs by expanding program services . Although the changes in Medicaid recei ving establishment out-of-pocket costs couldn t be measured , it was find that many an(prenominal) states expanded their cost sharing requirements because certain canon laws had been enactedThere are two motives observed in he geological formation of local multihospital dust this is according to a study through with(p) by David and photographic print in 1992 Cost reduction and reputation enhancement .

The system may eliminate redundancies and reduce administrative costs . integrating may also cut back the costs but save no reputation benefitsConclusionBy belongings proper books of accounting , a health care organ ization is able to note its get along as to! whether it s runway at a loss or profit in to have enough cash prey to pay its mean solar day to day bills of running the health care . Hence , it is of the essence(predicate) for health care organizations to have legislation on health care accounting practicesReferencesDranove , D , and Shanley , M (1995 : Cost drop-off or Reputation Enhancement as motives for Merger . strategical management journal : Vol 16 , pages 55 -74Medicare and medic ail (1987 : Effects of Resent Legislation on Program and...If you unavoidableness to get a full essay, pitch it on our website: OrderCustomPaper.com

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