28 Aug Read the article Why is Health Care Regulation so Complex? The Affordable Care Act (ACA) was enacted in 2010. As Cleverley and Cleverley (2018) sugge
- Read Chapters 4, 5, 6, and 7 from the course textbook, Essentials of Healthcare Finance.
- Read Requirements for 501(c)(3) Hospitals Under the Affordable Care Act – Section 501(r)Links to an external site..
- Read the article Why is Health Care Regulation so Complex?Links to an external site..
The Affordable Care Act (ACA) was enacted in 2010. As Cleverley and Cleverley (2018) suggest,
The enactment of the ACA in March 2010 represented a landmark change in the federal law that shapes virtually every financial aspect of the nation’s healthcare delivery system. The ACA’s most significant provisions were designed to address long-standing problems with the availability and affordability of health insurance. . . . While the effectiveness of certain ACA reforms remains uncertain, the number of Americans with health insurance has continued to climb, especially in states that expanded Medicaid coverage using ACA incentives. (p. 99)
It will be essential, going forward, for healthcare managers to remain attentive to ongoing policy changes and refinements that will affect regulatory compliance.
In your initial post,
- Define major components of a corporate compliance plan, such as establishing internal controls associated with finances and decision-making processes.
- Analyze the five factors a hospital needs to qualify for tax-exempt status.
- Discuss three specific financial benefits for not-for-profit healthcare organizations.
- Summarize how antitrust could be associated with regulatory issues that affect the formation and operation of provider-based managed care organizations.
Guidelines:
- Your main post must be a minimum of 500 words.
- Cite sources, if necessary, using APA style.
- Refer to APA StyleLinks to an external site. for citing within your paper and formatting your references list.
- Use your textbook or other sources as needed.
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