Finance and Accounting Briefing in Healthcare Essay

Finance and Accounting Briefing in Healthcare - Essay shellIt is against this background that the institution wishes to steer clear of the raging political and social concerns amongst governors and senators (Holly, 2012). The ongoing jostling by governors to garner comparative advantages for given states nevertheless should be embraced because many Americans hold diverse political and stinting inclinations in relation to federal spending. However, the strategy of the institutions of CMS and the statutory obligations must be observed and vindicated of wholly forms of bias and manipulation. It is incidental to the office of the director of the program to offer leadership and stewardship for the greatest good (Lorenz, 2013). The briny obligation of the CMS is to secure effective cost management in the healthcare systems while also optimizing the outcomes per sawbuck budgetary allocation. In this regard, Affordable Care Act (ACA) is often deemed the harbinger of a legislative masterpi ece. Medicaid duplicate grant is therefore meant to produce a greater impact on the healthcare systems than previously estimation in terms of actual outcomes (Newhouse et al, 2013). Whereas the Federal Medical Assistance Percentages (FMAP) remains a useful form _or_ system of government instrument, the Directorate of the CMS must be cognizant of the fact that given states may deploy unscrupulous ship canal of influencing greater funding for their regions. In the foregoing debate in the Congress, for instance, many states perceived to be more(prenominal) worthy of greater funding have not really yielded optimal outcomes (United States Government Accountability obligation GOA, 2011). Each administration has also produced varying results for the FMAP Floor change and thus political influences are an required consideration. It should be noted that the proposed Medicaid intergovernmental grant structure will potentially have greater outcomes than the earlier versions of polity typ ologies.