Jeanne Wendel, Teresa D. Serratt, William O’Donohue
Productivity Press; 2nd Edition
The economics of healthcare is a subject that is gaining increasing prominence as a result of significant changes that are projected to dramatically alter the method in which people in the United States obtain and pay for medical care. The second edition of Understanding Healthcare Economics (PDF) offers a framework that is founded on evidence in order to aid practitioners in better comprehending the changes that are already taking place in the healthcare system in our nation. It provides essential financial information and discusses the financial concepts that must be understood in order to comprehend the implications of that information. In addition to this, it provides a summary of the findings of recent empirical research on the access, value, and high quality challenges that exist in the healthcare system at the present time.
There are two different chapters available for this textbook. In the first section, the emphasis is placed on the issues of healthcare access, cost, and quality, which are the primary drivers of the need for change in health coverage. The Patient Protection and Affordable Care Act (PPACA), which was being discussed and debated at the time, was the driving force behind the completion of the first version. The information on access, value, and high quality points have all been updated in this new edition. It also discusses the push for change that resulted in the enactment of the Patient Protection and Affordable Care Act (PPACA), the evidence that shaped the development of the act, the evidence on the impacts of the PPACA, and the evidence on the pressures for future changes.
In Section 2, the focus is placed on changes that are now taking place, such as modifications to the Medicare cost structure and the introduction of new types of healthcare delivery organizations, such as accountable care organizations (ACOs) and patient-centered medical homes. In addition to this, it addresses the current initiatives that are being taken to aid patients in building their health, such as sickness management programs and wellness programs. And finally, we will go through the latest developments in health information technology.
The current structure will be preserved in the new version; however, each chapter will be brought up to date to discuss post-PPACA evidence of every kind. In addition to the modifications that were just discussed, the writers will also be presenting a series of information explorations that pertain to a number of the chapters. The majority of the most recent explorations of knowledge provide compact statistical data that is mostly based on data that has been disregarded from one hospital’s digital knowledge system. These inquiries into specialized knowledge serve two purposes. First, they discuss the effects that the changing demands for change – as well as the modifications themselves – have had on healthcare providers. For instance, the data demonstrates the financial impact of uncompensated care prior to the implementation of PPACA. Second, any explanation of the information will need to include explanations of standard ways of coding that are applicable on a national scale (DRGs, CPT, and ICD codes). Other data explorations provide specifics regarding the various sources of information that are beneficial for evaluating health insurance policies, as well as for healthcare providers and insurers.
PLEASE TAKE NOTICE That the only thing that is included in this offering is the PDF version of the booklet Understanding Healthcare Economics: Managing Your Career in an Evolving Healthcare System, 2nd Edition. It is not necessary to include access codes.