Economics Homework Help

SEU Unique Aspects of Health Services and Financial Management Essay

 

There are several unique factors relating to the health services sector:

Services are provided by both not-for-profit (or non-profit) organizations that can be either governmental or private and for-profit organizations that are private.

The majority of payments made to health care providers for services are not made by the consumers of the services but by some third-party payer (e.g., a commercial insurance company and/or a government program).

How do these unique features affect the financial management of the sector?