ANALYSIS OF PERTINENT HEALTHCARE ISSUE 1

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TITLE PAGE IS NOT IN APA FORMAT PER 7TH EDITION

Analysis of a Pertinent Healthcare Issue

Patricia Virgil

Walden University

NURS 6053N

6/15/2020

Dr. Elaine. Townsley

THIS PAPER IS TO BE ONLY 3-4 PAGES IN LENGTH – THIS PAPER IS TOO LONG AND I WILL TRY AND MARK OFF INFORMATION THAT IS NOT NECESSARY. YOU WILL NEED TO REVISE AND MAKE MORE CONCISE FOR THE WEEK 3 SUBMISSION.

Increase of Cost of Healthcare as Stressor on Non-Profit Medical Institution Funded by Medicaid

Even after the enactment of the Affordable Care Act, affordable healthcare remains a SLANG IS NOT TO BE USED IN GRADUATE LEVEL PAPERS for many citizens. In 2018, it was estimated that about 28 million people have no insurance (CITATION?). In 2019, 56% of the population reported to have undergone a financial hardship related to medical expenses. The Gallup Poll conducted in 2019 revealed that a quarter of cancer patients were delaying payment due to financial constraints. Similarly, over 25% of the patients in American cannot access medical care due to the inability to afford healthcare (Chang et al., 2016).

The irony is the US is the biggest spender in the healthcare sector among the developed countries. A 2017 analysis conducted by the UN reported that the country was ranked 24th in the world for countries on course to achieve its healthcare goals. In actuality, the situation on the ground is different from the statistics being disseminated. The 3.7 trillion dollars spent on healthcare within the last financial year is estimated to grow by 5%. This projected analysis means that the overall medical cost for patients who are insured and uninsured will not be reduced any time soon, at least not for the next year. OMITTED PURPOSE STATEMENT. THIS SHOULD BE ONLY ONE PARAGRAPH.

Impact on the Organization

While the number of people with insurance has been steadily decreasing, the mix between increased medical cost and the number of people with access to medical care has led to the stressing of medical institutions (CITATION?). Increased medical costs lead to a myriad of issues, which in turn has led to the stressors of the healthcare systems. THE REQUIREMENT WAS TO DESCRIBE THE ISSUE AND ITS IMPACT ON THE ORGANIZATION WHERE YOU ARE EMPLOYED – OMITTED. OMITTED THE QUANTITATIVE DATA FROM THE ORGANIZATION ABOUT THE ISSUE – WHAT IS THE PROBLEM STATEMENT IN ONE SENTENCE?

 

 

TOO LONG

Childers, Maggard-Gibbons, ANDNuckols, (2019), A comparison of costs, IDENTIFIED 10% of noninstitutionalized patients who sort medical services and incurred significant medical expenses paid for 75% of the national medical costs. This statistic means that a small number of people who had no intention of spending on healthcare due to various reasons ended up paying the bulk of the medical expenses incurred by the nationNO SLANG IN GRADUATE LEVEL PAPERS this means that the patients with lower to no income paid more in medical costs.

 

TOO MUCH INFORMATION – SHOULD BE ONLY ONE PRAGRAPH AND NONE OF THIS IS VALIDATED WITH REFERENCES

 

According to Kim ANDPark (2019), in Improving the Prediction of High-Cost Health Care Users with Medical Check-Up Data, the use of technology is the best option. Ideally, the best situation would be where the highest earners pay more in medical costs while the lowest earners pay less. While it would be unfair to overcharge patients simply because they earn more, other metrics can be established. For instance, the hospital can consider doing away with zero medical fees for institutionalized patients.

 

OMITTED AT LEAST ONE TO TWO SENTENCES ON HOW OTHER ORGANIATIONS ARE ADDRESSING THIS ISSUE

Strategies COMES AFTER THE LIT REVIEW

There is a need for the organization to find alternative means of funding its expenses to enable it to provide medical cover to its intended patients. The organization leadership ought to consider additional sources of revenue apart from the traditional donors and over-reliance on Medicaid. The first option would be to create a billing system that can determine if a person can afford the medical bill. The wealthy patients would be billed at a higher rate while other low-income patients would be charged according to their gross income. Additionally, patients who fall within a low-income bracket will be placed a payment plan that is flexible to encourage payment of outstanding bills (Chang et al., 2016).

Conclusion

The consistent increasing cost of healthcare is inimical to the wellbeing of the economy. As seen in the data provided on high medical costs and how it acts as a stressor in healthcare, the lowest-earning demographic are paying higher medical bills. While more strategies can be implemented to ensure affordable care to low- income and unfunded patients, there is a need to review how non-profit organizations serve this demographic group and how billing is conducted. SHOULD BE ONE PARAGRAPH THAT IS VALIDATED WITH REFERENCES.

 

References

NO SPACING

Chang, H., Boyd, C. M., Leff, B., Lemke, K. W., Bodycombe, D. P., & Weiner, J. P. (2016). Identifying consistent high-cost users in a health plan. Medical Care, 54(9), 852-859. DOI:10.1097/mlr.0000000000000566

NO SPACING

Childers, C. P., Maggard-Gibbons, M., & Nuckols, T. (2019). A comparison of costs. Academic Medicine, 94(10), 1539-1545. DOI:10.1097/acm.0000000000002844

NO SPACING

Y. J. & Park, H. (2019). Improving prediction of high-cost health care users with medical check-up data. Big Data, 7(3), 163-175. DOI:10.1089/big.2018.0096

YOU WERE TO HAVE AT LEAST FOUR REFERENCES FOR THE LIT REVIEW.

NEED REFERENCES FOR THE QUANTITIVE DATA

NEED REFERENCES FOR THE INTRODUCTION AND CONCLUSION

�TITLES AND HEAERS ARE TO BE SHORT AND CONCISE

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