Financial Health 3 Assignment Example | Topics and Well Written Essays - 750 words

Financial Health 3 - Assignment Example This Act also provides for punishment for whomever knowingly and willfully offers to pay any person in order to persuade the person to refer them to a provider who can furnish items or services for which payment would the fall under Medicare and Medicaid guidelines and be payable as such. Certain exceptions are allowed such as certain discounts given by suppliers to cost-reporting providers. Operation Restore Trust is an initiative that was created to combat fraud, eliminate waste, and monitor abuse in the Medicare and Medicaid programs. Operation Restore Trust was established by the Department of Health and Human Services. The Office of the Inspector General understands the health care delivery system has always been vulnerable to fraud and in response the OIG has placed emphasis on interdisciplinary teamwork. OIG worked jointly to create a project which would detect cases of abuse and fraud that occur through home health agencies, in nursing homes, and with durable medical equipment suppliers. OIG worked in partnership with the Administration on Aging and the Health Care Financing Administration. Projects included audits and evaluations of claims by home health agencies, administrative costs claimed, periodic interim payments to home health agencies, variations among home health care coverage Medicare payments, to name but a few. Ongoing evaluations and audits include services provided to Medicare and Medicaid beneficiaries in nursing homes, durable medical equipment payments in nursing homes, and outreach activities include fraud alerts and a hotline to report fraudulent activity (Brown, 1995). The Centers for Medicaid and Medicare services goals’ are to combat provider fraud, waste and abuse. The two broad responsibilities of the Medicaid Integrity Program include hiring contractors to review the actions of providers, identify when there have been

Part 2 report Speech or Presentation Example | Topics and Well Written Essays - 500 words

Part 2 report - Speech or Presentation Example The linear function of the equation is can be given by. The second equation describes the exponential growth of the payroll. It can be given by . Both the linear and exponential equations describe the relationship between the two variables in question. If the general form of the equation for the variables is given by, then the equation for the exponential growth will be given by. When the value of x is 6 in 2004, the linear function. The exponential equation 40.546277. In the form of, the value of N becomes -335544.32 in both cases. The growth factor in this scenario becomes 1.0475 and the growth rate is therefore 4.75%. The graph below shows both the linear and exponential models for the average NHL team payroll. To help in getting a more insightful understanding of both the linear and exponential trend are the trend lines. For the linear functionthe value of while for the exponential function the value of The next step in the analysis will require the application of both the linear and exponential models to predict the average NHL team payroll between the years 2012 and 2020. This data is shown in the table below. Comparing the values obtained using the two models; the NHL team should use the exponential model for economic planning as it offers lower values as compared to the linear model. From the analysis above, the both the linear and exponential models can be used to estimate the trend and the rate of growth of a certain dynamic product. Using these mathematical concepts, it becomes easier to plan for the future as it has been shown by the prediction of the expected payroll between 2012 and