Global options in health care
There are several global options available today on health care. Some other options include the aging and community services which are supported by programs which are community-based and the U.S centers for Medicaid and Medicare. This waiver program was lunched in January, 1, 2009. Another global option is travel insurance, global health insurance and health care for the expatriates. This program is integrated with 4th World Medical Tourism and Global Healthcare Congress. The program focuses at bringing together international insurance companies and employers as well as foreign governments to purchase and provide expatriate travel insurance and health insurance coverage to its members and employees. Other global services are maternity services, first aid services, and disaster preparedness assistance,
The revenue of a health care organization
The global options services for health care can significantly contribute to the revenues of the health organizations. Health organizations offering these services should provide options for members and beneficiaries to contribute in long term and smaller proportions. The founders can also creatively use their balance sheets to guarantees loans and to enable the organization to be sustainable and to improve financially (Gapenski, 2008, pp145).
Budgeting
Budgeting helps in analysis of long term projects which are worthy being given special attention. The budget helps in estimating of the risks and profit an organization has. It will estimate its long term success and future position through planning. Risks can be undertaken when all aspects of the organization have been considered. It is important to budget for the identification of source of money and how the money is used to enhance the goals achievement of the organization (Finkler & Ward, 2006, 37).
Reference
Finkler, S & Ward, D (2006) Accounting fundamentals for health care management, Publisher Jones & Bartlett Learning, pp 37
Gapenski, L (2008) Healthcare Finance: An Introduction to Accounting and Financial Management Edition4, illustrated Publisher Health Administration Press, pp 145
