Payment System Essays (Examples)

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Prospective Payment System
PAGES 12 WORDS 3231

Prospective Payment System and how that system has impacted the nursing home industry. The writer explores how the system operates and explains its necessary elements. The writer than discusses the impact and significant elements that the system has on the nursing home industry. There were 10 sources used to complete this paper.
One of the most pressing concerns facing the nation today is the health care system. The medical community allows people to live longer than ever before, which means there is an increased need for nursing home facilities to accommodate the additional members of senior society. In addition to a longer life those who are entering nursing homes must deal with the need to pay for such care.

The Prospective Payment System has been used to offset the cost of care and to alleviate the complications faced by those who enter the nursing homes as well as their family members.….


There are length of stay rules that govern skilled nursing facilities, which are reimbursed for up to 100 days of care per calendar year (Medpac.gov, online). If the patient requires more than 100 days of care, that patient is deemed by the government to be in need of long-term care (LTC), for which Medicare does not reimburse providers for. The patient costs associated with skilled nursing facilities is often offset by a Medicaid component, and if the patient has any financial responsibility, it is minimal. However, to qualify for the Medicaid component, the patient must be indigent, and if the patient owns any property, the state in which the patient receives the skilled nursing or long-term nursing care in, which made payments for the patient shares, can seize the patient's assets at death, and sell the assets (usually property) to offset its losses.

The resource utilization groups by which the government….

Business
In 2009, Heartland Payment Systems (HPS) reported a security breach in one of its main databases. What happened is the online credit and debit card processor, reported significant portions of customer files were stolen over the course of one year. They contained all the Visa and MasterCard numbers for 175 thousand of the 250 thousand retailers the company was working with. This is potentially exposing tens millions of individual credit and debit card numbers to criminals. Commenting about the incident the President and Chief Financial Officer (obert Baldwin) said, "We found evidence of an intrusion last week and immediately notified federal law enforcement officials as well as the card brands. We understand that this incident may be the result of a widespread global cyber fraud operation, and we are cooperating closely with the United States Secret Service and Department of Justice." (Haskins, 2009)

This is significant in showing how the….

Payment Methods:
There are various reimbursement methods including fee-for-service and capitation payment methods. The fee-for-service reimbursement method is a system through which doctors and other employees are paid depending on the number and type of services offered to the patient. Under this method a particular fixed or variable price is established for every service provided based on an agreement to a schedule of rates for a specific time-period. On the contrary, capitation reimbursement method is a system through which health care providers receive a fee for every enrollee for a particular level of health care. The fee under this method also covers an identified package of services within a defined period of time. These enrollees in capitation system vary from residents of a particular region to people who are chosen depending on a certain criteria (Chawla et. al., 1997).

As evident in this description, there are significant difference between fee-for-service reimbursement method….

To the extent the totality of circumstances suggest that possibility, even acceptance of the most nominal gratuities (i.e. A cup of coffee) is ethically inappropriate.
Similarly, even where the gratuity involved is of nominal value and there is no potential misunderstanding on the part of the individual proffering an otherwise appropriate gratuity, there is the issue of creating the appearance or inference of an improper relationship from the perspective of others observing the exchange. For example, while the proffer and acceptance of a single cup of coffee is excusable within the framework of ordinary positive community relations, the conspicuous regular transfer of even nominal gratuities in the presence of third parties can create an apparent inference of inappropriate influence regardless of whether or not that inference is necessarily accurate.

Conclusion

The SOI is intended to ensure that police officers do not misuse their duly authorized latitude to take different degrees of enforcement….

Systems Thinking Is a Way
PAGES 6 WORDS 2722

They must never become complacent and assume that they have considered all factors and can now relax, or they can slip into the "boiling frog" phenomenon: circumstances may turn so gradually negative that they do not notice the changes until they have large problems instead of small ones to solve (Beckford, 2002).
Conclusion

Just as the example of the soldiers at the bridge faced with a battle situation for which they had no previous experience, business leaders must expect the unexpected. If they create a culture of lifelong learning within their businesses, their staff and employees will always be open to looking at old facts in new ways, ready to find forward-thinking solutions. uch a company philosophy and structure can keep even the oldest company packed with fresh ideas and innovative solutions to the new problems they face.

Annotated Bibliography

Barker, Randolph T., and Camarata, Martin R. 1998. "The Role of Communication in….

Ach System How it Works
PAGES 6 WORDS 2585

The chance of collecting would be made significantly higher, and since the collection rates for electronic transactions are considerably higher, about 50% higher, to be precise than transactions on paper, it would only be more practical to take measures that would reduce this burden. The NACHA states that AC transactions would require the biller to store a copy for a period of two years, and destroy the original document, and the reason for this is that it would be easier for them to carry out electronic transactions in the future. The ACH method offers immense benefits to billers too, and some of these are: check processing costs would be greatly reduced if there were no checks to present, the availability of funds would also be greatly improved, and these funds would be higher than ever before. eturn items would be handled much faster and also with much more ease,….

Global Payments Hack
With the new advancements of technology comes the many risks and dangers is also carries along. The evolution of the internet and connect-ability technology has brought everyone closer and has nearly eliminated many communication barriers that have been present throughout recorded history. These new advances have also accompanied a rise in cyber criminals, wishing to invade a person's or business' digital information. The purpose of this essay is to examine computer hacking and hacking processes that pose risks and dangers to society. The essay will use the company Global Payments as an example of how a hacking problems effects many and highlights the dangers involved in our digital world.

This essay will view Global Payments and their hacking problem from a third party accounting system point-of-view. The company's security assessment will be analyzed and different software issues will be discussed. Finally the essay will conclude by offering recommendations to….

New payment system for parking near MBTA
The benefits of the new proposal for a pre-paid monthly scanned parking pass are twofold: it will make commuting to the city easier for regular commuters and also result in revenue increases for the city. Because of increased the ease of parking cars, more commuters will be willing to use public transportation, and there will be less congestion and pollution overall, indirectly improving the situation for all residents and pedestrians in the city.

Commuters will like the plan because it will better ensure them of a regular parking spot. It will save time in the morning, since presumably many people must rise early, just to ensure that they have time to pay for parking. In today's cashless society, the use of prepaid parking spots via a monthly pass ensures that commuters do not need to fumble with cash and coins to pay a parking….

Foreign Monetary System
PAGES 5 WORDS 1423

Foreign Monetary System
A monetary system is any structure initiated by the government and mandated to issue currency, acknowledged as the medium of exchange by its citizens and governments of other nations. The central bank manages the monetary system of a country; this same bank has the responsibility of printing money and controlling the economy. Since the colonial period, coins from the European colonies had circulated in all the colonies. The Spanish coins gained dominance due to the scarcity of coins, during this time; the main form of trade was barter trade. The trade-involved items such as rice, tobacco, or animal skins, which took the form of money paper and notes, had varying rates of discount in different colonies rendering them of very low value (onald & Wright, 2006).

The high population in the U.S. called for increased trade and commerce. This forced the United States government to look for ways to….

Healthcare Delivery System Challenges
The American healthcare system has been criticized as favoring the middle and upper classes while ignoring the lower classes. Based on these speculations, the federal government has constantly tried to institute reforms in the healthcare sector though some of the proposals have failed to overhaul the industry. With rising insurance costs, the number of citizens barred from accessing quality healthcare has increased to more than 45 million uninsured Americans. On the same note, it is hypothesized that with time, the problems currently witnessed in the industry are likely to increase and finding solutions to them will be a tall order for the government (Stolberg & Pear, 2010). Despite the advent of new technology in the sector, which is likely to improve service delivery over the years, it is speculated that the cost of new tests and treatments will outweigh the savings. With the better technology, physicians….

Accounting System
Accounting Information System

The following plan details the business areas and services to be provided for a growing homeowners' association by a certified accounting firm. The large growth in size of the association is cited as a need for this contracting with the accounting firm, and the specific business areas in need of servicing are identified as billing, collections, payments, reporting, taxes, and miscellaneous advisory duties. Input, output, and control requirements are listed in brief for each business area, with reference to current scholarly and regulatory/advisory information to ensure consistency and conformity with accounting standards. Automation of accounting processes is a major focus of the service provision, and levels of automation are fully discussed, with the decision to build an in-house automation system and certain automation challenges discussed.

Introduction

The homeowner's association is facing a problem of a major increase in the amount of accounting work it will need to take on.….

The customer owes money to a friend or wishes to transfer money to someone. In this situation there are three options available. If the two parties are in the proximity of each other the payee's device sends the transaction data over to the payer's handset using either IrDA, T, or RFID communication. If the two parties are not in the position of using a direct link, the payee can send the necessary information over the air (SMS, IM) to the other party. In certain cases the payer initiates a transfer while the payee may not even be aware of the fact that he or she is going to receive money. In this case the payer can manually input all necessary information into the handset. Depending on the transaction value the payer in all three cases has the option to select either its bank or MNO for processing the payment.….

Health Care Payment Reform
Buerhaus, Welton, and Rosenthal wrote and spoke about the way changes are hoped to be made in terms of the health care system and the way providers are paid, particularly hospitals and physicians. The hope is that changes in the payment system will produce greater output without being unfair to staff, reducing the quality of care and access to the people.

The disadvantages between the current system and proposed system are that currently, nurses aren't paid outright and there's a standard fee for care. This means there is an imbalance of work load, despite the amount of care needed in a variety of patient rooms and diagnosis. Currently, hospitals generate more profit and makes a fixed payment per patient that walks in those doors, and a daily room rate. The payment system now pays for the amount of help needed for each procedure, the time spent, visits, and….


Despite of these advantages that were mentioned, which creates the power to convince consumers and business owners to use and accept legacy payment methods in a networked environment, there are also a number of disadvantages why some people are hesitant to use such mode of payment. They are especially true when they are used in a networked environment particularly in the Internet.

Issues, Disadvantages, and Solutions in Legacy Payment Methods in a Networked Environment

One of the most critical issues that exist in the use of legacy payment methods in a networked environment, such as the credit card, is how secured are the financial and personal information of the credit card users. Especially when used online, where information is oftentimes vulnerable to threats and unauthorized access, there is a high possibility that credit card information may not be secured. This thus is causing great concerns for consumers.

One of the processes when using….

1. The potential impact of central bank digital currencies on the future of cryptocurrency
2. The role of blockchain technology in shaping the future of cryptocurrency
3. Regulatory challenges and opportunities in the development of cryptocurrency
4. The future of cryptocurrency adoption and integration into traditional financial systems
5. The evolving relationship between cryptocurrency and privacy concerns
6. The environmental impact of cryptocurrency mining and sustainable solutions for the future
7. The future of cryptocurrency in global financial markets and economic systems
8. The potential for cryptocurrency to disrupt traditional industries and create new economic opportunities
9. The role of decentralized finance (DeFi) in shaping the future of....

I. Introduction
A. Definition of sustainable transportation
B. Importance of sustainable transportation for the environment
II. Sustainable transportation of trains
A. Benefits of trains for sustainable transport
1. Lower emissions compared to cars and airplanes
2. Less fuel consumption per passenger
B. Challenges in maintaining proper spacing
1. Overcrowding on trains
2. Ensuring adequate spacing for social distancing
III. Strategies for maintaining proper spacing on trains
A. Implementing reservation systems
B. Staggering train schedules to reduce congestion
C. Increasing frequency of trains to accommodate more passengers
IV. Technology and innovation in sustainable transportation
A. Use of sensors to monitor passenger flow
B. Digital....

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12 Pages
Term Paper

Healthcare

Prospective Payment System

Words: 3231
Length: 12 Pages
Type: Term Paper

Prospective Payment System and how that system has impacted the nursing home industry. The writer explores how the system operates and explains its necessary elements. The writer than…

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7 Pages
Thesis

Healthcare

Skilled Nursing Prospective Payment System

Words: 2035
Length: 7 Pages
Type: Thesis

There are length of stay rules that govern skilled nursing facilities, which are reimbursed for up to 100 days of care per calendar year (Medpac.gov, online). If the patient…

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5 Pages
Essay

Business

Business in 2009 Heartland Payment Systems Hps

Words: 1558
Length: 5 Pages
Type: Essay

Business In 2009, Heartland Payment Systems (HPS) reported a security breach in one of its main databases. What happened is the online credit and debit card processor, reported significant…

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2 Pages
Essay

Healthcare

Payment Methods There Are Various Reimbursement Methods

Words: 636
Length: 2 Pages
Type: Essay

Payment Methods: There are various reimbursement methods including fee-for-service and capitation payment methods. The fee-for-service reimbursement method is a system through which doctors and other employees are paid depending on…

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4 Pages
Essay

Criminal Justice

System of Inquiry -- Durham

Words: 1859
Length: 4 Pages
Type: Essay

To the extent the totality of circumstances suggest that possibility, even acceptance of the most nominal gratuities (i.e. A cup of coffee) is ethically inappropriate. Similarly, even where the…

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6 Pages
Term Paper

Business

Systems Thinking Is a Way

Words: 2722
Length: 6 Pages
Type: Term Paper

They must never become complacent and assume that they have considered all factors and can now relax, or they can slip into the "boiling frog" phenomenon: circumstances may…

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6 Pages
Term Paper

Economics

Ach System How it Works

Words: 2585
Length: 6 Pages
Type: Term Paper

The chance of collecting would be made significantly higher, and since the collection rates for electronic transactions are considerably higher, about 50% higher, to be precise than transactions…

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5 Pages
Essay

Business

Global Payments Hack With the New Advancements

Words: 1359
Length: 5 Pages
Type: Essay

Global Payments Hack With the new advancements of technology comes the many risks and dangers is also carries along. The evolution of the internet and connect-ability technology has brought everyone…

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2 Pages
Essay

Transportation

Cost of Return on a New Parking System

Words: 681
Length: 2 Pages
Type: Essay

New payment system for parking near MBTA The benefits of the new proposal for a pre-paid monthly scanned parking pass are twofold: it will make commuting to the city…

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5 Pages
Research Paper

Economics

Foreign Monetary System

Words: 1423
Length: 5 Pages
Type: Research Paper

Foreign Monetary System A monetary system is any structure initiated by the government and mandated to issue currency, acknowledged as the medium of exchange by its citizens and governments of…

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5 Pages
Research Paper

Healthcare

Health Care Policy or Delivery System Challenge

Words: 1377
Length: 5 Pages
Type: Research Paper

Healthcare Delivery System Challenges The American healthcare system has been criticized as favoring the middle and upper classes while ignoring the lower classes. Based on these speculations, the federal…

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6 Pages
Business Plan

Accounting

Set Up Accounting Information System for New Company

Words: 1544
Length: 6 Pages
Type: Business Plan

Accounting System Accounting Information System The following plan details the business areas and services to be provided for a growing homeowners' association by a certified accounting firm. The large growth in…

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6 Pages
Term Paper

Business

Secure Mobile Payment Service Mobile

Words: 2871
Length: 6 Pages
Type: Term Paper

The customer owes money to a friend or wishes to transfer money to someone. In this situation there are three options available. If the two parties are in…

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2 Pages
Essay

Health - Nursing

Health Care Payment Reform Buerhaus Welton and

Words: 580
Length: 2 Pages
Type: Essay

Health Care Payment Reform Buerhaus, Welton, and Rosenthal wrote and spoke about the way changes are hoped to be made in terms of the health care system and the way…

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4 Pages
Term Paper

Economics

Legacy Payment Methods Why People

Words: 1253
Length: 4 Pages
Type: Term Paper

Despite of these advantages that were mentioned, which creates the power to convince consumers and business owners to use and accept legacy payment methods in a networked environment, there…

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