Describe one strategy to improve selected financial issue

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Reference no: EM133689559

Assignment: Problem-Solving Analysis Report

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 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:

1) Nursing shortage: "As COVID-19 Worsens Nursing Shortage, Madison Hospitals, Schools Step Up"
2) Supply-chain disruption: "Inflation Rattles Hospital Supply Chain and Labor Pool with no End in Sight"
3) Telehealth use: "Telehealth Grows, but Medicare Has Woes"

Task

Write a 700 to 1,050 words report about the financial issue you selected in which you:

A. Analyze the financial impact of your selected financial issue on the health care industry.

B. Explain what the supply and demand challenges are for health care services in terms of personnel, supplies, or technology.

C. Describe how regulatory issues are affecting, or will affect, the health care industry in the areas of personnel, supplies, and technology.

D. Describe at least 1 strategy to improve the selected financial issue.

E. Discuss what you believe would be the outcome of these recommendations, if implemented.

Reference no: EM133689559

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