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Based on finance, risk, and cost in healthcare you are an associate director in a 300-bed hospital located in an urban area. A sum of money is available for investment in the facility. You have been tasked by the hospital CEO to present a possible investment scenario in which you renovate your existing facility, expand the current facility, or clinically integrate your electronic health records (EHRs). There is only enough money to fund one of the potential projects. provide details on which would be the best option and include an analysis of the role of public policy in terms of your provision of health care services and provide justification of your choice, explanation of the relevance of the current financial data in terms of the projected outcome of the project and compare and contrast discussion of the economic challenges and incentives related to your project
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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