Analysis and Critical Thinking Assignment #2 You are the Manager of Florida Avenue Elder Care Skilled Nursing and Rehabilitation Center. Your facility provides nursing care and rehabilitation care to patients that are 65 years old and older. Your patient mix for payment is 90% Medicare health care coverage, 7% Medicaid health care coverage and 3% patient out of pocket payment for healthcare. Since you know that one of the major managerial functions is planning and based on the plan, other managerial functions must be considered, such as staffing, controlling, etc. After reading the article in the link below, you realize that as a manager of the facility, you might be facing some significant issues to continue delivering healthcare and that healthcare to the highest standard. Review the attached article: Will Medicare really run out of money in 2031? Here's what experts say about its long-term stability | Fortune Well Consider and address the following TWO concepts: 1. Discuss, in detail, the issues that are facing the Medicare program, as presented in the article, and the most significant impact that could result to your facility as the result of those issues. In other words, what could happen if the worst-case scenario is realized, and the government does not come to an agreement on funding the Medicare program or Medicare makes significant changes to the payment system. 2. There are several stakeholders in the Medicare payment system indicated in the article. o the elderly potential patients, o the healthcare providers e.g doctors, Skilled Nursing Homes, nursing and support staff o the drug companies, o and high earners. Discuss each of these stakeholders in detail, and what impact that changes in Medicare would have on each group AND how you think those stakeholders would respond to these possible changes. Refer to the Scoring Rubric for grading expectations. You do not HAVE TO go to the internet to find sources of information, think about your response if you were a member of one these groups (or your grandmother etc.). You can use the internet to get ideas, but what is important here is that you use what you have learned in your classes (and Video) to analyze and critically think about the issues. If you do utilize sources, make sure to cite using APA style. Remember that the words Discuss means more than making a statement-discuss with details and thoughts! Think outside of the box!!!
Analysis and Critical Thinking Assignment #2 You are the Manager of Florida Avenue Elder Care Skilled Nursing and Rehabilitation Center. Your facility provides nursing care and rehabilitation care to patients that are 65 years old and older. Your patient mix for payment is 90% Medicare health care coverage, 7% Medicaid health care coverage and 3% patient out of pocket payment for healthcare. Since you know that one of the major managerial functions is planning and based on the plan, other managerial functions must be considered, such as staffing, controlling, etc. After reading the article in the link below, you realize that as a manager of the facility, you might be facing some significant issues to continue delivering healthcare and that healthcare to the highest standard. Review the attached article: Will Medicare really run out of money in 2031? Here's what experts say about its long-term stability | Fortune Well Consider and address the following TWO concepts: 1. Discuss, in detail, the issues that are facing the Medicare program, as presented in the article, and the most significant impact that could result to your facility as the result of those issues. In other words, what could happen if the worst-case scenario is realized, and the government does not come to an agreement on funding the Medicare program or Medicare makes significant changes to the payment system. 2. There are several stakeholders in the Medicare payment system indicated in the article. o the elderly potential patients, o the healthcare providers e.g doctors, Skilled Nursing Homes, nursing and support staff o the drug companies, o and high earners. Discuss each of these stakeholders in detail, and what impact that changes in Medicare would have on each group AND how you think those stakeholders would respond to these possible changes. Refer to the Scoring Rubric for grading expectations. You do not HAVE TO go to the internet to find sources of information, think about your response if you were a member of one these groups (or your grandmother etc.). You can use the internet to get ideas, but what is important here is that you use what you have learned in your classes (and Video) to analyze and critically think about the issues. If you do utilize sources, make sure to cite using APA style. Remember that the words Discuss means more than making a statement-discuss with details and thoughts! Think outside of the box!!!
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