The availability of various ways of accounting for health brawl and the rapid development of new other ways of coverage the fiscal statements in health constitutions , the laws put in lieu avail prevent fraud activities thus reducing the file 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 handle and Medicaid programs name ups and cost to the beneficiary . Out of the 30 laws enacted by relation back (1980 - 1986 ) 5 showed great effects on be of the 2 programs , they contributed to retardation in Medicare cost growth (Medicare and Medicaid , 1987Some legislative changes light-emitting diode to step-up of the costs by expanding program services . Although the changes in Medica id telephone receiver out-of-pocket costs couldn t be mensural , it was observed that more states expanded their cost sharing requirements because accepted regulations had been enactedThere are two motives observed in he arrangement of local multihospital arranging this is according to a study through by David and acknowledge in 1992 Cost reduction and report card enhancement .

The establishment may eliminate redundancies and reduce administrative costs . desegregation may also lower the costs but take away no reputation benefitsConclusionBy retentiveness proper books of accounting , a health care organiz ation is able to note its procession as to ! whether it s running at a loss or profit in to aim enough cash bleed to pay its daytime 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 focal point journal : Vol 16 , pages 55 -74Medicare and medic ail (1987 : effect of Resent Legislation on Program and...If you want to arrive a full essay, launch it on our website:
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