Discussion is focusing on the financial and economic decisions hospitals face in our current healthcare system.
Explain how cost-shifting impacts the flow of hospital monies. Describe “cream skimming” and determine if it is an ethical business practice, particularly in healthcare economics. How do Medicare and Medicaid reimbursement apply to these practices? What impact do these reimbursement systems have on a hospital’s budget? What role do Medicare and Medicaid play in this determination-are hospital paid enough by these governmental payers?