16 Jun Question Healthcare Finance: Private and Governmen
Question
Healthcare Finance: Private and Government Sponsored
1. With respect to financing, what are the main differences between private health care insurance and government sponsored health care for persons over age 65 (Medicare)?
2. Financially, what kind of balance must health care organizations strike in providing care among private pay patients, government program patients and charity patients?
3. How would a health care organization’s inability to process patient billing correctly and/or in a timely manner be reflected in its financial statements?
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