Healthcare Data in Decision Making | Assignment

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Added on 2019-10-31

Healthcare Data in Decision Making | Assignment

Added on 2019-10-31

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Healthcare Data in Decision Making | Assignment_1

21.Background Per-diem refers to a hospital activity of charging rates on daily bases where the expenses incurred are all averaged over the entire hospital population.Casemix funding refers to a method of allocating funds considering number of patients treated and also the types of patients treated (Milovic, 2012). For case mix funding to be usedthere are requirements needed:-Patients treated classified considering the disease treated and type of treatment administered.The total cost of the patients treated.For counting its required for proper administrative health data collections that are maintained by health departments (Stiggelbout, Van der Weijden, De Wit, Frosch, Légaré, Montori, Trevena and Elwyn, 2012). For classification all patients treated are classified into different diagnosis related groups that shows patients those who have similar conditions and require the same treatment and resources.Costing includes all cash paid to be reported as a part of good hospital management for both patients who are admitted and those who were not admitted.One of the disadvantage of casemix funding is that one cost fund is used in order to fund eachof the Patient considering that not every individual needs the same amount for treatment each patient has his/her own charges requirement.Also casemix funding creates financial risks to the patients and also the providers of health care unlike for the case of per-diem rate where finances are properly management ensuring nomisusing of funds and every cost is taken care of through proper planning (Ryan, Gerard, and Amaya-Amaya, 2007). Since there is lenient record keeping there are no financial risks at all for per-diem rate.

Healthcare Data in Decision Making | Assignment_2

3Per-diem helps a lot in covering the staffing needs this is because the staffing needs varies from time to time considering the climatic condition of a place where hospitals are located.In Australian hospitals before they paid per diem only but later the national health insurance scheme was introduced and after the introduction the hospitals were of the completely new settlement settings to become much more utilized (Ryan, Gerard and Amaya-Amaya, 2007). Hospitals that offered much more intricate services required extra benefits and there some more categories of hospitals were added including surgical, medical and advanced surgical.For patients classifications the government adopted private sector hospital classification that was not friendly at all and thus ruined it. Some years later the government introduced patient classification. In additional casemix funding in Australia is expected to put all hospital funding above politics and payments of this funding varies from one hospital to another. Public sector casemix has been introduced also and suggests that repayments would certainly cover up the adjustable expenses of hospitals along with the fixed populace dependent area financing would certainly cover up all the fixed expenses.Description of difference between case mix funding and per diem funding modelThe casemix funding method highlight the kind of the mix which the patient was treated when it comes the resources that depends on the parameter of interest. UTS hospital has classified people into various groups (Koh and Tan, 2011). On the per diem model there is a fixed amount of payment which is offered to the patient per day while in hospital, regardless of the charges which they incur in the hospital. Statement of aim of analysis The aims of this analysis was to highlights the difference between the casemix funding and fixed per diem funding. The focus has been on the pros and cons of these methods.

Healthcare Data in Decision Making | Assignment_3

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Healthcare Data in Decision Making | Assignment