Describe in your memo how you will apply it to an area

Reference no: EM133494749

Question: In the memo, discuss why there is a need to balance cost containment with quality improvement. Include at least three specific rationales.

Choose at least one cost-containment strategy. Some strategies might include outsourcing services, standardizing clinical processes, reducing overhead, etc.

Describe in your memo how you will apply it to an area (pharmacy, therapies, surgery, laboratory, etc.) within the healthcare facility entailing at least three steps.

Discuss at least two ways the cost-containment strategy could adversely impact quality. Explain your reasoning.

Reference no: EM133494749

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