Health Sciences & Nursing

Order Info Сustomer's subject: Health Sciences & Nursing Topic: Presentation: Cost Impact of Medicare and Medicaid Type of work: PowerPoint Presentation with Speaker Notes Level: College Number of pages: 4 slides Formatting style: APA Language Style: English (U.S.) Sources: Create a PowerPoint presentation with speaker notes. In your speaker notes, be sure to indicate which notes belong with each slide. Specifically, you must address the following rubric criteria: 1. Medicare vs. Medicaid: Describe the differences between the federal Medicare program and the Medicaid program in your state and how they impact financial reimbursement from the perspective of the healthcare system. Consider the following questions to guide your response: What are the features of the two healthcare programs? Considering the age and disabilities of the groups covered by the two programs, what aspects of healthcare services will be in most demand? How will you obtain updates about the changes in the Medicare Physician Fee Schedule and the state Medicaid Physician Fee Index? 2. Costing and Strategy: Explain why healthcare administrators need to consider cost when strategically planning for Medicare and Medicaid population growth. Consider the following questions to guide your response: What is the percentage growth in consumer base? Which healthcare services (for example, virtual healthcare, wellness programs, fitness center memberships, and so on) are the most in demand because of this consumer growth? What changes can you propose in healthcare strategies to meet this change? 3. Cost-Reduction Initiatives: Identify cost-reduction initiatives and state how you would operationalize them within the healthcare environment. Consider the following questions to guide your response: Which are the services with the greatest potential to reduce costs? Would external relationships with other healthcare systems or service providers help reduce costs? Would helping the consumers choose the correct healthcare plans help curb costs? 4. Cost Control: Describe at least two effective, alternative ways to control rising healthcare costs Consider the following questions to guide your response: Which are the healthcare services where the costs have gone up the most? Which preventative healthcare services could be used to control these costs? Which less expensive services could be offered as alternative options?