Medicare funding and Reibursement Essay Example | Topics and Well Written Essays - 500 words

Medicare funding and Reibursement - Essay Example The figures provided in the example have been used in the calculations. SNF base rate = 70% adjusted by area wages (hospital wage index) + 30% non-labor related portion (base adjusted for geographical factors x RUG weight). The nursing rate of $151 as per (Medpac 2008) will be used in the calculation. In terms of Participating Physician who accept assignment on each and every case the Physician bills Medicare and the patient 100% of the Medicare approved fee which is $125,000 in this case. Medicare will pay 80% which is equivalent to $100,000 and the patient will pay 20% which equals $25,000. In terms of a Non-participating Physician who accepts assignment on a case by case basis Medicare and the patient will be billed for 95% of the Medicare approved fee of $125,000. 95% is represented by $118,750. Medicare will pay 80% of $118,750 which is equal to $95,000 and the patient will pay 20% which is equal to $23,750. With respect to Non-participating Physicians who do not accept assignment the patient is billed for 115% of the Medicare approved fee of $125,000. This 115% is equal to $143,750. The patient makes the entire payment and Medicare reimburses 80% of the approved fee for non-participating physicians. Therefore, Medicare would pay 80% of $118,750 which is equal to $95,000 and the patient will bear the difference between what was paid to the Non-participating Physician which is $143,750 minus $95,000, which is equal to $48,750. Centers for Medicare & Medicaid Services. (2010). Fact Sheet: Acute Care Hospital Inpatient Prospective Payment System. Retrieved: http://www.cms.gov/MLNProducts/downloads/AcutePaymtSysfctsht.pdf. Last accessed 31 Mar

Light peak( high speed opictal cable technology) Essay

Light peak( high speed opictal cable technology) - Essay Example Light Peak is defined to as a new interface technology of peripheral which enable nodes to connect devices of peripheral or other nodes through an optical connector. Use of optical technology has been in the industry for quite sometime. Telecom companies have used it for networking for years. Light, instead of a wire, is considered much more efficient means of relaying enormous data over long distances. The challenge is optical modules used in conversion of the electrical signals into optical were exceedingly large and expensive. By use of the newly come technology, there is a possibility for the firm to produce affordable and compact optical modules. There are several outstanding differences between optical cabling and electrical cabling. However, the major advantage of using Light Peak technology is seen in optical cabling substituting electrical cabling. Use of copper wire in inter-device communication has its demerits. The level of signal distortion increases with the increase in the distance and speed of transmission. Consequently, the interruption becomes too much that there is no reliable signal transmission between the peripheral and the computer. This explains the reason as to why peripheral cables have fixed lengths. Optical signals do not reflect the interruptions experienced when copper wire is used in signal transmission. This implies that optical cables can extend to serve longer distances compared to copper wire. Additionally, optical fibers are much thinner enabling more flexibility in cabling compared to bundles of copper wire. A recommended cable of Light Peak is almost of the same size of a strand of human hair. These optical cables can be increased up to a length of100 meters that will effectively serve every place within a household as well as enough for businesses. Light Peak technology has a close comparison with the allied USB technology. Although USB