I’m working on a management discussion question and need an explanation to help me understand better.
Hospitals, outpatient centers, and free-standing surgical centers are dependent on many funding sources to pay for their services.
- Compare and contrast approval/payment from the Patient Protection and Affordable Care Act (PPACA), commercial insurance, and the traditional Medicare program (not a Medicare health maintenance organization [HMO]) available to these types of facilities.
- How do the different funding types impact the strategic management of the facility?
- Do not define the PPACA and do not discuss or include the Medicare Advantage Plan.
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