Insurance Companies

Healthcare organizations strive to manage working capital in such a way that they can reliably cover their short-term expenses while also getting the best possible benefits from their capital. In managing working capital, healthcare organizations face some common challenges, as well as other challenges that are particular to the institution. What do you think the main capital management challenges would be in a for-profit facility that has a constant stream of revenue? How do you think these challenges would differ from a military hospital that is given its funding at the beginning of the year?ANSWER THE ABOVE DISCUSSION AND THEN REPLY TO MY CLASSMATE’S RESPONSE TO THE ABOVE QUESTION AND EXPLAIN WHY YOU AGREE? (A MINIMUM OF 125 WORDS EACH)CLASSMATE’S POSTAs already stated, capital management is a difficult but important task in the health care industry. For profit hospitals are just that, for profit, and this requires careful management of assets vs costs. Insurance companies pay for services on a regular set schedule and can be accounted for in planning purposes by considering volumes of different services and expected future volumes. The challenge is determining payer mix and ability to pay the remainder above what insurance companies cover. Even a for profit hospital must provide at least lifesaving stabilization prior to referring a patient and it is illegal to ask ability to pay prior to providing life saving measures. This added expense must be taken into consideration. We must remember it is not how much you have coming in but how much you have left over at the end of the day once the bills are paid. It is for this reason that budgeting becomes extremely important when determine potential assets for expansion and growth.On the other hand, military hospitals know how much they must spend at the beginning of the budget year. These budgets that are received are typically enough to cover fixed costs but leave little if any room for expansion or growth unless specifically asked for at the beginning of the budget year. There is currently a trend of some military hospitals becoming state and ACS verified trauma centers. In doing so the emergency departments have to open their doors to the public. This is challenging because now you must figure this new civilian payer mix into the equation and their ability to pay for services rendered. Operating on a fixed budget with a non-controllable variable such as that is challenging.

So much stress and so little time? Take care of yourself: let us help you with your task on
Insurance Companies
Get a 20% Discount on this Paper
Get Help Now
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Get personalized services with Do My Homeworkk
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Leadership Studies
This is great! Thanks a bunch
Customer 452485, March 1st, 2022
The paper was done to my satisfaction. Thnk you.
Customer 452443, November 18th, 2021
M5A1 Outline and Thesis
Paper was late
Customer 452457, November 15th, 2021
Thank you! :)
Customer 452493, May 14th, 2022
Looks good. Thank you!
Customer 452523, September 27th, 2022
Great services.
Customer 452443, November 22nd, 2021
Thank you - much appreciated!
Customer 452493, April 2nd, 2022
Customer 452493, April 12th, 2022
Wow! I should never have doubted you guys. Thank you for the excellent grade
Customer 452443, August 27th, 2021
Excellent! Followed directions and completed a great paper
Customer 452445, August 22nd, 2021
Job done to satisfaction. Thank you!
Customer 452443, October 31st, 2021
Customer 452493, May 16th, 2022
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Order your essay today and save 15% with the discount code ESSAYHELP