Sutter Health A Non Profit Public Based- Healthcare System

Sutter Health Approach Teresa Brasaemle ACC 281 Instructor Mark Metzger February 11, 2016 Sutter Health Approach After reading the following, â€Å"From bottom to top: How one provider retooled its collections† (Souza McCarty, 2007). The article sheds light on the fact that Sutter Health is a non-profit public based- healthcare system. Not to mention it is based in Sacramento, in the northern part of California. This type of healthcare systems services patients and families where the system providers have joined force and share their expertise that have helped progress and advance the quality of healthcare. According to Souza McCarty, they reference the fact that the non-profit network has initiated the interface having the intentions of developing revenue collection for healthcare facilities that can collect from self-paying patients. (2007, p.68). However, with a traditional payment system it does have its disadvantages meaning there are delays in the payment process of the effective revenue system in healthcare facilities. Mainly, is the limitations of the proc essing because of the result of not having the accessibility of precise information on accounts. Souza McCarty further discuss that fact that Patient Financial Services staff are not in a position to have the real-time information that aids in processing the financial and operational indicators of the healthcare facility. (2007, p. 70). There were also unproductive and incompetent performance measures in theShow MoreRelatedSutter Case Analysis2724 Words   |  11 PagesAn increasing issue within the health care field is the inability to collect debt from the growing population of uninsured or underinsured patients. Healthcare organizations may be struggling to meet operational margins because the industry has never treated its customers like other retail-oriented sectors of the economy. A McKinsy and Company report states that hospitals incur sixty billion dollars in bad debt annually because they typically collect only ten to twenty percent of a total uninsuredRead MoreHealthcare Field From Medicine Practice2246 Words   |  9 PagesTruong Binh Nguyen MinhThu Phan Thu Tran Pei-Ying Kelly Hsin Healthcare Industry- Team Project Healthcare started from medicine practice. The medicine studied by many cultures and people passed through many trials and errors to save the knowledge to the next generation. In 19th century, by using chemical, biological and technological advances to discover anesthetics, syringes, antiseptics, x-rays, and penicillin. In 20th century, healthcare began to grow fast. Prepaid arrangements, the medical insuranceRead MoreEmanuel Medical Center Situational Decision Analysis47698 Words   |  191 Pagesrevenue enhancing procedures. EMC’s competitors, on the other hand, have large sources of revenue due to their mergers with large healthcare networks such as Catholic Healthcare West. Another competitor, Kaiser Permanente Modesto Medical Center, has extremely large financial resources due to the fact it is part of the Kaiser Permanente HMO network, one of the most lucrative health networks in the entire country. EMC is at a strategic financial disadvantage in terms of the capabilit ies to improve the structureRead MorePharmaceutical Price Controls in the Oecd Countries47662 Words   |  191 Pagespromoting international trade, opening foreign markets, ensuring compliance with trade laws and agreements, and supporting U.S. commercial interests at home and abroad. To learn more about the ITA, write to: International Trade Administration, Office of Public Affairs, U.S. Department of Commerce, Washington, DC 20230, or visit the ITA’s Internet site at www.ita.doc.gov. Pharmaceutical Price Controls in OECD Countries Implications for U.S. Consumers, Pricing, Research and Development, and Innovation Read MorePunchtab Inc10225 Words   |  41 PagesPark, California-based startup PunchTab, Inc., smiled as he recalled the recent online New York Post article â€Å"$150,000 A Dream.† The article illustrated the entrepreneur-friendly nature of the current financing environment and the creativity investors were using to gain access to early-stage companies. (See Exhibit 1 for article.) Kumaran felt fortunate to be starting a company in this environment. He recently left his first startup YouSendIt to start PunchTab, an Internet-based turnkey customerRead MoreProject Managment Case Studies214937 Words   |  860 Pageson acid-free paper. @ Copyright O 2006 by John Wiley Sons, Inc. All rights reserved. Published by John Wiley Sons, Inc., Hoboken, New Jersey Published simultaneously in Canada No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission