Not-For-Profit Vs Health Care Essay

Hospitals are able to stay in business despite receiving reimbursement that is less than the care they provide by using several strategies. They can use cost shifting, which is where they negotiate higher paying rates with private insurance companies (White, 2018). They can also use cost-cutting which is when they reduce their operating costs by implementing more efficient processes, reducing staffing levels, and consolidating services. The goal is to provide patients with quality care and commercial payers can use incentives like pay-for-performance also known as value-based payment, which comprises payment models that attach financial incentives/disincentives to provider performance like readmission rate, patient satisfaction, and best practices

The difference is a few percentages points one way or the other in care measure data. Qualitatively, hospitals of all kinds are focused on quality. (Cheney,2016) There can be differences in the services given at for-profit hospitals versus not-for-profit hospitals when it comes to inpatient care and post-care. For-profit organizations must think about their profit so they may focus on doing services that are unnecessary and keep the patient longer than necessary to generate enough revenue and profit. The non-profit hospitals on the other hand are not focused on profit because they have grants and other monies available to them so they may have access to more specialized

Some of the technologies being used are EHR (Electronic Health Records) is a comprehensive health information system that provides a unified view of patient data across different healthcare providers, clinics, and hospitals. This allows for improved care coordination, more efficient management of patient data, and improved patient outcomes, HIE (Health information exchange) is a system that allows for the sharing of electronic health information between different healthcare organizations, such as hospitals, clinics, and laboratories. The goal of HIE is to provide healthcare providers with access to comprehensive, up-to-date patient information to improve the quality of care and reduce medical error., and HISP(Health information service provider) is a type of service provider that specializes in securely exchanging health information between different healthcare organizations. HISPs provide a secure and standardized way for healthcare providers to exchange patient information, such as medical records, test results, and medication lists. Epic, Meditech, and Cerner are major companies that support EHRs and allow for interoperability. The Hitech Act provided incentives, standards, and funding that have helped to improve the quality and accessibility of health information and have paved the way for further