A critical need nurses in USA Essay
A critical need nurses in USA, 485 words essay example
Essay Topic: critical, need
For example, secure a $200,000 loan (double the need for most startups), 12 years amortization and no prepayment penalty after two years. After paying the minimum for two years then submit, retire, expire and settle the loan. Most practices can aim to pay and eliminate the startup loan within five years secure salaries higher than that of similar employment. The end result of creating a startup essentially is cost-free. Buying a practice, rightly priced and rightly timed experiences similar economics with less hassle it is a faster startup (Borglum, 2014).
Throughout the country, physicians successfully start private practices every day and experience profitability. The economics work when the practice, business plan and compensation are constructed correctly, paying for itself and earning equal-to or greater-than that of an employment model (Borglum, 2014).
Estimate the annual patient service revenue needed to stay in business.
Practices have to contend with collecting $1 of every $4 directly from patients. Nearly fifteen percent of total annual patient service revenue is derived from patients enrolled in high-deductible health plans. Approximately twenty-three percent of total annual patient services revenue is attributed to collections from patients. Typically forty-two percent of revenue is attributed to patients collected at time of service. The average amount due per office visit is approximately $110 (Perspective on Patient Payments, 2010).
Relate revenue to the amount of service possible by one physician.
There is ample evidence supporting primary care physicians as the foundation encompassing a more efficient and effective health care system, but physician shortages are a reality. According to the Association of American Medical Colleges projections reported, America will face a shortage of more than 90,000 doctors in ten years and there will be 45,000 too few primary care physicians by 2020 (Primary Care for the 21st Century, 2012).
The shortage must be addressed, circumvented and conquered for both the medical professionals and the patients each serves. Physicians and health providers remain in high demand. The United States is facing a critical need nurses, physician assistants and associated healthcare professionals. According to the American Association of Colleges of Nursing, the nursing shortage is projected to grow to 260,000 registered nurses by 2025 (Primary Care for the 21st Century, 2012).
Significant discussions are prevalent throughout the healthcare industry and policy communities concerning the expansion of duties of nurse practitioners to practice independently and direct medical homes without a physician on staff. The rationale addresses health care needs resulting from the primary care physician shortage. The movement for nurses to treat patients without a physician comes concurrently as the medical practice itself is changing to a team-based approach. These two approaches disconnects, discerns and dissolutions the country in opposite and conflicting directions. Granting independent practice to nurse practitioners would create two classes of care including a physician-led team or a less qualified health professionals. Americans should not be forced into this two-tier scenario nor will most tolerate the inadequacy. Everyone desires to be under the care of a doctor (Primary Care for the 21st Century, 2012).