Using a minimum of 3 PEER REVIEWED journal articles no older than 5 years. Discuss financial factors that influence health care today. Include funding sources, reimbursement methods, economic factors, business influences, and the cost containment including the role of the nurse. The paper should be 4 pages in length (not counting cover sheet or reference page) and be in APA format. This paper is a comprehensive view of the business of healthcare. Questions to consider when writing the paper: Is there a relationship between socioeconomic status and health/health outcomes? Is health care a right or a privilege? Is the Affordable Care Act the answer for Americans? What is the fiscal responsibility in the role of the nurse today? In an ideal world, what would your health care vision for America look like?
One of the most fundamental issues regarding health care pertains to its designation as either a right or a privilege. While the government declares this key sector to be a right for every citizen, the statistics paint a different picture. As it stands, there is a significantly large section of the population that remains uninsured, hence making them unable to access health care. The unresolved issues within this pivotal industry have moved the citizens of the nation farther from achieving universal health care, with socio-economic status giving direction to the question of access of health services. The disparity in the system is attributed to the ever-rising cost of health care in the country. Healthcare is one of the important industries in the country. Healthcare spending is tremendously increasing. It is because of dynamic nature of the financial factors that affect the industry. Expanding access to healthcare services depend on the availability of funds. Financial aspects of healthcare are very complex because of numerous interacting factors. HealthCare services tend to restore hope to members of the public, but there are financial factors that influence the service provision including the funding sources, reimbursement methods, economic factors, and cost containment. This paper highlights the key financial factors that influence the health care industry. It goes on to discuss the suitability of the Affordable Care Act and its bearing on the health sector.
The problem of rising health care cost has become a major concern in the United States of America, forcing health care policy makers and politicians to come up with reforms to help to halt this rise. Currently, the Affordable Care Act is the most comprehensive effort that the government has made in relation to curbing the rising cost of health care.
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