As a health care manager, you must be able to analyze financial and economic issues in the health care industry. In this summative assessment, you will demonstrate problem-solving skills.
Scenario
Imagine you are a health care manager at a hospital and you are preparing a report for your CFO in which you analyze current issues in health care (e.g., nursing shortages, supply-chain disruption, and telehealth use) and address the financial impact of these issues on your hospital.
Preparation
Select 1 of the following current financial issues that the health care industry faces today to use for this summative assessment: nursing shortages, supply-chain disruption, or telehealth use.
Access the Week 2 University Library and read 1 of the following articles from the Summative Assessment: Problem-Solving Analysis Report section that corresponds to the current financial issue you selected:
- Nursing shortage: “As COVID-19 Worsens Nursing Shortage, Madison Hospitals, Schools Step Up”
- Supply-chain disruption: “Inflation Rattles Hospital Supply Chain and Labor Pool with no End in Sight”
- Telehealth use: “Telehealth Grows, but Medicare Has Woes”
700- to 1,050-word about the financial issue you selected in which you:
- Analyze the financial impact of your selected financial issue on the health care industry.
- Explain what the supply and demand challenges are for health care services in terms of personnel, supplies, or technology.
- Describe how regulatory issues are affecting, or will affect, the health care industry in the areas of personnel, supplies, and technology.
- Describe at least 1 strategy to improve the selected financial issue.
- Discuss what you believe would be the outcome of these recommendations, if implemented.
