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Business Finance EBK HEALTHCARE FINANCE: AN INTRODUCTION

Trends prevailing in long term and outpatient care Introduction: Long term care comprises of services provided to the community such as transportation, adult day care and meals. People that have some sort of disability or ongoing serious health condition often require long term care. Outpatient care is provided to the people that are not institutionalized, which comprise of walk in clinics, surgery centres and physician’s offices. The trends in outpatient care are increasing medical expense reimbursement, advancement in technology, whereas the trend in long term care are rise in number of high acuity residents, increased contribution towards persons stationed care. The trends prevailing in outpatient care are as follows: 1. Growth in outpatient care can be seen due to advancement in the technology and availability of facilities such as mobile apps, telehealth and advanced imaging. 2. Increase in the reimbursement for the medical expenses has shown tremendous growth in the outpatient care. 3. Introduction of online self registration and bill pay facility has persuaded more and more people opt for outpatient care. The trends prevailing in long term care are as follows: 1. Qualified employees such as PAs, BSNs, RNs are hired by a long term care organization due to rise in number of high acuity residents. 2. Health organizations have started emphasizing on the satisfaction of the customer and thereby contributing towards person stationed care. 3. New technology is being embraced by the long term care such as online registration and bill payment facility, mobile apps and advanced imaging,

Trends prevailing in long term and outpatient care Introduction: Long term care comprises of services provided to the community such as transportation, adult day care and meals. People that have some sort of disability or ongoing serious health condition often require long term care. Outpatient care is provided to the people that are not institutionalized, which comprise of walk in clinics, surgery centres and physician’s offices. The trends in outpatient care are increasing medical expense reimbursement, advancement in technology, whereas the trend in long term care are rise in number of high acuity residents, increased contribution towards persons stationed care. The trends prevailing in outpatient care are as follows: 1. Growth in outpatient care can be seen due to advancement in the technology and availability of facilities such as mobile apps, telehealth and advanced imaging. 2. Increase in the reimbursement for the medical expenses has shown tremendous growth in the outpatient care. 3. Introduction of online self registration and bill pay facility has persuaded more and more people opt for outpatient care. The trends prevailing in long term care are as follows: 1. Qualified employees such as PAs, BSNs, RNs are hired by a long term care organization due to rise in number of high acuity residents. 2. Health organizations have started emphasizing on the satisfaction of the customer and thereby contributing towards person stationed care. 3. New technology is being embraced by the long term care such as online registration and bill payment facility, mobile apps and advanced imaging,

Solution Summary: The author explains the trends prevailing in long-term and outpatient care, stating that advancement in technology, and online self-registration and bill-pay facility has persuaded more and more people opt for out-patient

EBK HEALTHCARE FINANCE: AN INTRODUCTION

EBK HEALTHCARE FINANCE: AN INTRODUCTION

6th Edition

ISBN: 9781567937428

Author: Gapenski

Publisher: YUZU

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EBK HEALTHCARE FINANCE: AN INTRODUCTION

Ch. 1.1 - Prob. 1.1STQ Ch. 1.1 - Prob. 1.2STQ Ch. 1.1 - Prob. 1.3STQ Ch. 1.1 - Prob. 1.4STQ Ch. 1 - Prob. 1.1STQ Ch. 1 - Prob. 1.2STQ Ch. 1 - Prob. 1.3STQ Ch. 1 - Prob. 1.4STQ Ch. 1 - Prob. 2.1STQ Ch. 1 - Prob. 2.2STQ

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