Midterm Budget Finance

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Midweek Assignment: Health Reimbursement Systems Paper

Since the early days of hospitals and healthcare providers, there have been many methods of payment for services rendered. Cash or trade goods were the earliest forms of reimbursement. In the current healthcare environment, there are many mechanisms for payment for services.

Using the readings for the week, the South University Online Library, and the Internet, write a 3–4-page health reimbursement systems paper.

Cover the following:

  • Explain the financing system for healthcare services, addressing the myriad payment mechanisms for healthcare available in the United States.
  • Describe three options available to providers for reimbursement of their services.
  • Examine three approaches to decreasing healthcare costs over the last few decades.
  • Conclude by examining the possible implications for savvy nurse managers.