The availability of various ways of accounting for health smash-up and the rapid development of new other ways of describe the fiscal statements in health system of ruless , the laws put in side avail prevent fraud activities thus reducing the lading on the third party payer i .e the consumerReport provided by the oecumenic accounting office in US (1987 ) indicated that at that place were detect effect of major legislative changes on Medi fretfulness and Medicaid programs engage ups and cost to the beneficiary . Out of the 30 laws enacted by recounting (1980 - 1986 ) 5 showed great effects on cost of the 2 programs , they contributed to retardation in Medicare cost growth (Medicare and Medicaid , 1987Some legislative changes guide to step-up of the costs by expanding program services . Although the changes in Medicai d telephone receiver out-of-pocket costs couldn t be deliberate , it was observed that more states expanded their cost sharing requirements because definite regulations had been enactedThere are two motives observed in he shaping of local multihospital arranging this is according to a study make by David and acknowledge in 1992 Cost reduction and personality enhancement .
The establishment may eliminate redundancies and reduce administrative costs . desegregation may also lower the costs but take away no reputation benefitsConclusionBy retentivity proper books of accounting , a health care organization i s able to note its procession as to whether! it s running at a loss or profit in to stir enough cash bleed to pay its daylight to day bills of running the health care . Hence , it is important for health care organizations to have legislation on health care accounting practicesReferencesDranove , D , and Shanley , M (1995 : Cost Reduction or Reputation Enhancement as motives for Merger . Strategic prudence journal : Vol 16 , pages 55 -74Medicare and medic ail (1987 : effect of Resent Legislation on Program and...If you want to bring out a full essay, launch it on our website: OrderCustomPaper.com
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