Healthcare Costs

Assignment Overview: This assignment will explore the costs of medical stays in the areas of acute, outpatient, long-term care and home health care.
Assignment Goal- The goal of this assignment is to obtain a better understanding of hospital costs and ways to reduce costs for your patients.
Assignment directions:

This APA paper will explore the costs of medical stays in many different areas of nursing. The paper should include the following criteria listed in Steps 1-5.

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Step 1: Pick one of the following areas: Acute care, Outpatient – procedure or antibiotic therapy, Long Term Care, or Home Health visit.

Step 2: Next choose the type of patient scenario you would like to build: examples include: Cardiac Cath patient, outpatient Vancomycin treatments for 3 weeks, Outpatient lesion removal, Long term care stays.

Step 3: Based on the above criteria create your own patient scenario incorporating the area the patient is staying, the room charge, a procedure or test this patient might have, Lab work that would be drawn for this patient, Medication charges, Physical Therapy/Occupational/Speech Therapy, and a Follow up visit.

Note* This should not be an actual patient and should not contain patient specific data. Please be aware of HIPPA.*

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Step 4: Once the scenario is built, then break down the costs for a patient without insurance for each of the following:
Room/Service charge:
Tests/ Procedures:
Medication charges:
Physical/Occupational/Speech Therapy charge:
Follow up Visit:

You may contact a facility to help obtain these costs or a local pharmacy. Please cite the resources you use in text as well as on the reference page.

Step 5
Research a type of insurance examples: Medicare, Medicaid, BCBS, United healthcare, etc. and obtain monthly cost information as well as what this type of insurance pays for in the hospital setting.

Cited in APA 7th. For more information on Healthcare Costs check out:

Attachment: APA Paper Rubric

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