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Legal Regulatory and Requirements

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Added on  2020-05-16

Legal Regulatory and Requirements

   Added on 2020-05-16

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Running head: LEGAL REGULATORY AND REQUIREMENTSLegal regulatory and requirementsName of the studentName of the UniversityAuthor Note
Legal Regulatory and Requirements_1
1LEGAL REGULATORY AND REQUIREMENTSProfessional regulation in nursing may be described as a process where the governmentalagencies usually grant legal authority to practice a chosen profession provided such individualhas fulfilled particular qualifications. It is essential to have a regulatory requirement of nursing,as it is a health profession, which, if any incompetent and unprepared person practices, mightpose a risk of harm to the public. The regulatory requirement that from each of the following isas follows: State- One of the essential regulations of the New York State is the enactment of the New YorkHealth Care Reform Act that has been established to govern the hospital reimbursementmethodologies and targets the funding for a huge number of health care initiatives (Blumenthal& Collins, 2014). The establishment of HCRA marks a positive change, as the regulationrequires that some of the third-party providers and payers of the health care services should takepart in sponsoring some of the initiatives by submitting assessments and surcharges. It markedthe enactment of the Affordable Patient Protection and Affordable Care Act. This state regulation has a $1 billion HCRA-supported Indigent Care Pool usuallydistribute money to the hospitals on the basis of the level of free care such hospitals provide tothose who are uninsured and primarily on the extent of assistance the uninsured persons havereceived from the hospitals in the past. Federal Agency- The Centers for Medicare & Medicaid Services (CMS) is a federal agencyoperating within the US Department of Health and Human Services (HCFA), whichadministers the Medicare program and works in association with state governments forgoverning Medicaid, the Children’s Health Insurance Program (SCHIP). It further ensures that
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