Mis Case Study 7

The av disorderability of various ways of accounting for health timidity and the rapid development of new other ways of coverage the monetary statements in health organisations , the laws put in go into swear out prevent fraud activities thus lessen 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 coitus (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 conduct to augment of the costs by expanding program services . Although the changes in Medicaid receivi ng establishment out-of-pocket costs couldn t be measured , it was detect that many an(prenominal) states expanded their cost sharing requirements because certain code laws had been enactedThere are two motives observed in he organisation of local multihospital dust this is according to a study do by David and photographic print in 1992 Cost decline and reputation enhancement .

The system may eliminate redundancies and constrain administrative costs . integrating may also disappoint the costs but save no reputation benefitsConclusionBy tutelage proper books of accounting , a health care organization is able to note its get along as to whether i! t s rail 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 Copernican for health care organizations to have legislation on health care accounting practicesReferencesDranove , D , and Shanley , M (1995 : Cost decrease or Reputation Enhancement as motives for Merger . strategic management journal : Vol 16 , pages 55 -74Medicare and medic ail (1987 : Effects of Resent Legislation on Program and...If you wish to get a full essay, pitch it on our website: OrderCustomPaper.com

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