You are the manager in a health care organization, and you have been directed to come up with a plan to cut your budget by 5%. What expenses will you cut? Justify the cuts you choose.
You are the manager in a health care organization, and you have been directed to come up with a plan to cut your budget by 5%. What expenses will you cut? Justify the cuts you choose.
Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
You are the manager in a health care organization, and you have been directed to come up with a plan to cut your budget by 5%. Discuss the following:
What expenses will you cut? Justify the cuts you choose.
Describe how these cuts will affect patient-centered care.
Include both positive and negative effects.
Provide at least 1 reference for this discussion
.Type: Individual Project
Unit: Understand How Reimbursement Contributes to the Need for Cost Containment
Due Date: Wed, 4/19/17
Grading Type: Numeric
Points Possible: 100
Points Earned: 0
Deliverable Length: 2,000–2,500 words including title page and references
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You have been placed on a committee in your health care organization. The committee has to create a set of cost containment strategies that will positively impact (decrease) operating expenses. The committee is also challenged with increasing reimbursement.
Provide 5 cost-cutting strategies that the committee could recommend to the executive board.
Describe how these cuts will benefit patient care or business systems.
Provide 5 ideas on how to increase revenue or reimbursement. This answer can include short-term and long-term goals.
Describe how these revenue or reimbursement systems benefit patient care or the business systems.
Provide at least 2 references that reinforce the strategies you have chosen.
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