Summarize how other healthcare organizations have successfully used financial management principles to inform and improve their overall strategic planning.
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Summarize how other healthcare organizations have successfully used financial management principles to inform and improve their overall strategic planning.
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- briefly describe a strategic planning, staffing impact, reimbursement compliance and revenue cycle process in healthcare reimbursementUsing examples from successful healthcare organizations, describe some strategies and approaches that can be implemented to avoid managerial incompetence in healthcare management.What is the role of an informatics specialist in providing support in the strategic planning process? What is the role of an informatics specialist in networks and information exchanges (e.g., EHRs)? What areas of information exchange in the health care industry need improvement or creation? Explain. Provide atleast one source to support ideas.
- Determine how overall strategic planning can potentially be improved by applying financial management and teamwork principles within your organization.discuss a team-based Patient improvement approach and why this is beneficial in situations presented in healthcare that often require Patient improvement initiatives.Discuss the strategies management can adopt to address staffing issues when the hospital is operating at a deficit. How can administrators negotiate and find innovative solutions to maintain staff morale and patient safety without an additional hiring budget?
- Analyze at least one federal, one state, and one third-party payer reporting requirement that could affect the healthcare organization, providing examples of both positive and negative impacts on various stakeholders for each reporting requirement you identify.Why are the four stages of project management (initiation, plan, execute and Monitor, close) important, and how can these achieve better patient outcomes in healthcare?Healthcare administrators should be well versed on policies affecting healthcare financing at the federal and state levels. Healthcare organizations need to assess the financial impact that a volume-to-value transition (VVT) will cause to their facility, the staff, and the patients. Who benefits from moving healthcare from volume to value? What are the factors a healthcare administrator must take into consideration when deciding to transition to a volume-to-value model? How are the financial impacts HCOs face who are currently using this model?