- It’s always hard watching your parents get older and at some point, they will no longer be able to do things for themselves. At this point, you will need to step in and take care of them or arrange for somebody else to look after their needs. But before you reach that stage, it’s important that you find ways to help your aging parents maintain their independence. They might have trouble with certain tasks, but that doesn’t mean that they can’t do anything for themselves, and if you want them to have a good quality of life, you need to make sure that they can continue on their own for as long as possible. The good news is, there are a few simple things that you can do. These are some of the best ways to help aging parents maintain their independence.
How Healthcare Organizations Are Losing Money
Everyone knows that hospitals and other healthcare businesses require a lot of money to run. In addition to the high salaries that doctors usually earn, there are many other expensive costs, from medications to equipment. However, many organizations could be losing money that they don’t need to, due to a range of reasons. It’s possible that they could save a lot of money if only they changed a few things.
Expensive medical equipment is essential to provide many treatments and perform various procedures. However, it’s possible that they don’t need to cost hospitals and clinics as much as they do. Equipment has ongoing costs, but many organizations could be paying too much due to a lack of resources and specialized expertise to care for their equipment.
Many hospitals have high-performing specialist doctors and surgeons, many of whom can perform innovative procedures that may not be available elsewhere. These doctors naturally require large salaries and plenty of benefits to get them to stay. However, their complex procedures might not be so valuable for very long as more doctors start to perform them and new procedures and treatments are developed.
Healthcare fraud is also responsible for lost money in many hospitals and healthcare businesses. It could account for up to 5% of total costs in healthcare, while billing costs and collection drive up expenses even further. Accountants are required to help deal with not just this problem but the other financial issues that affect organizations in healthcare.
Infographic Design By University of Alabama Birmingham