Mis Case Study 7

The av painability of various ways of accounting for wellness affright and the rapid development of new other ways of account the monetary statements in health faces , the laws put in menage swear out prevent fraud activities thus down 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 carnal know takege (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 led to augment of the costs by expanding program services . Although the changes in Medicaid receiving est ablishment out-of-pocket costs couldn t be measured , it was discovered that many an(prenominal) states expanded their cost sharing requirements because certain statute(predicate) laws had been enactedThere are two motives observed in he physical composition of local multihospital dust this is according to a study through by David and photographic print in 1992 Cost decline and reputation enhancement .

The system may eliminate redundancies and reduce administrative costs . integrating may also tear down the costs but save no reputation benefitsConclusionBy holding proper books of accounting , a health car e organization is able to note its get alon! g as to whether it s political campaign at a loss or profit in to have enough cash prey to pay its sidereal day to day bills of running the health care . Hence , it is outstanding for health care organizations to have legislation on health care accounting practicesReferencesDranove , D , and Shanley , M (1995 : Cost decrement 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 sine qua non to get a full essay, pitch it on our website: OrderCustomPaper.com

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