Unit II Question 1 (HCA)

Describe the various sources of funding beyond third-party reimbursement from which the various types of healthcare facilities can benefit.

Your response must be at least 200 words in length

Solution Preview

There are other dependable funding sources that most health facilities benefit from, including government programs, grants, private investments, commercial loans, secured loans and shares of stock. The government programs are usually incentives like PQRS which are meant to help institutions and their professionals keep up with the evolutions and changes experienced in healthcare (Walker, Pan, Johnston & Adler-Milstein, 2005). Grants are finances that healthcare facilities receive under conditions that they do not have to pay back.

(310 words)