Given the market failures and consumer expectations at the heart of surprise billing, it is no surprise that there is pressure for the government to intervene.
A study conducted by an advisory board from April 2014-March 2017 focused on 468 hospitals best practices in healthcare and found that high-quality hospitals deliver lower cost care for approximately 82% of the diagnoses by reducing care visitation. This reduction resulted in better outcomes, such as lower complication rates. The analysis found that hospitals spend up to 30% more to deliver care with comparable or lower quality outcomes.
Introduction
Novel Coronavirus, a respiratory virus that has brought drastic changes in today's world. The COVID-19 outbreak in Wuhan City, China, where the first human case was reported in late December 2019. A retrospective investigation conducted by Chinese officials traced a wholesale food market as the epicenter of the outbreak.
The pandemic has exposed healthcare to new perils, requiring most practices and hospitals to update and revamp their policies. To ensure a seamless deliverance of patient care, clinics and hospitals should ensure that its legal system is in place in order to provide protection against any harmful legalities and for guaranteeing that the staff and patients are protected and have a clear understanding of all OSHA and HIPAA compliance procedures.