One hot topic in many healthcare organizations today is revenue cycle management. We typically do not get paid when services are rendered, nor do we get the full cost of providing that care. As a result, we incur costs for facilities, supplies, and labor that must be covered. The ultimate goal of revenue cycle management … Read more
Nurse leaders must be able to make effective financial and policy decisions. Equally important is the ability to communicate their vision for change to policymakers and provide objective, evidence-based support for their position with respect to the regulatory, political, social, ethical, legal, and financial aspects of systemic change.
For this assignment, you will be provided with a spreadsheet containing projected numbers for two different patient services programs. You will need to download the Program Projections [XLSX] Download Program Projections [XLSX]spreadsheet and use it to conduct your analysis. Instructions You are a member of the financial services department at Benson Regional Medical Center. The … Read more
2 para include reference-sws format Discuss the process your company (or one that you have worked for in the past) uses to evaluate your performance. Do you think it is effective? What would you change to improve it? Be sure to respond to at least one of your classmates’ posts.
Luke 13 10 Now He was teaching in one of the synagogues on the Sabbath. 11 And behold, there was a woman who had a spirit of infirmity eighteen years, and was bent over and could in no way 1 raise herself up. 12 But when Jesus saw her, He called her to Him and … Read more
If managers could have just one wish, many would ask for a crystal ball. With this tool, there would never be any worry about risk. The manager could look into the crystal ball and know exactly what will happen with each decision. Unfortunately, we do not have this luxury and must use other tools and … Read more
2 paragraph include reference-sws format Discuss what you believe is the most important thing that HR could do to help you advance in your career. Be sure to respond to at least one of your classmates’ posts.
Established in 1987, ABC Community Hospital not-for-profit is an acute care hospital located in an east coast Metropolitan area. With a staff of nearly 200 physicians and specialists, 800 employees and 100 volunteers, they offer a full range of healthcare services. They are accredited by the Joint Commission. The hospital has been profitable for the last … Read more
The CEO of a 400-bed hospital has scheduled a board of directors meeting to discuss the current financial situation of the hospital and steps that need to be done to correct some current problems. The CFO needs to send each board member an explanation of the financial statements that they will be discussing. You are … Read more
The CEO of a 100-bed Nursing Home has noticed that the board of directors is having a hard time understanding his vision of where the hospital needs to go. The CFO has a lot of trouble getting the board of directors to understand the organization’s key performance indicators/metrics using balanced scorecard and dashboard reporting. He has selected … Read more