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Essay / The Healthcare Sector and Insurance - 1591
Literature ReviewAccording to Wager, Lee and Glaser (2013), healthcare information management is the exercise of management and proper management health information through traditional and new digital means in health centers, doctors' offices, hospitals, health departments, health insurance organizations and other entities that provide health care or health information services. Armoni (2010) adds that with the widespread computerization of health information and other information sources, such as health center management features and health recruitment details, the Health informatics and health technology innovation are increasingly used in information control practices in the health care sector. (American Society for Healthcare Risk Management, 2011) National health insurance coverage is health insurance coverage that insures a national population for the costs of medical care and is generally instituted as a system of health care reform. It is imposed by law. It can be administered by the public sector, the private sector or a combination of the two. Financing mechanisms vary by system and country. National or statutory health insurance coverage does not amount to publicly administered or publicly funded medical care, but is generally established by national law. Technological innovation solutions for small businesses and industries vary in nature. Variations range from software implementations to small or large organizations that share common goals of rapid expansion and revenue maximization (Haux & Ammenwerth, 2011). However, unlike larger organizations, small businesses cannot depend on large budgets or in-house teams to deploy paper technicians and do not have employer-subsidized medical aid or additional coverage. The benefits of health center mergers are small, and in most scenarios they are less than the expected value. A study conducted in this area found that the effect was 7%, which is a normal reduction for all consumers. If we compare the results with other health centers, it becomes clear that the savings remain extremely low. These are health centers competing within the same market. The health insurance system will greatly benefit from the presence of a few hospitals. Indeed, this guarantees easy entry and facilitates the management of the available insurance data (Tan JK, 2001). On the other hand, it could restrict the maximum revenue collection from the medical system. This concept greatly affects the service delivery capacity of insurance companies..