In running any business, it is important to identify and manage your revenue sources so you can remain financially viable. In a health care environment, this is particularly important. As you know, there may be many changes to the Affordable Care Act (ACA) on the horizon under the new Administration in Washington, D.C.
Research the Affordable Care Act (ACA) and:
1. In your first post:
Discuss one thing that you feel should remain the same with the new health care legislation that is expected from the current Administration, OR, discuss one change that you feel is greatly needed. Be sure to provide solid rationale for what you believe should remain the same or what aspect of the legislation should change.
Discuss the concept of Managed Care Organizations (MCOs). What is the goal of an MCO? Briefly discuss one strategy that is used by an MCO to reduce costs.
2. Respond to at least two classmates’ posts. What do you think of the strategies that your peers have suggested to aid in cost-cutting on behalf of the MCOs? Support your ideas with references to the textbook or other sources.