Employ contemporary economic principles

Assignment Help Science
Reference no: EM132567668

Competency

Employ contemporary economic principles that guide resource allocation decisions in health organizations.

Scenario

Upon reviewing the annual budget and fiscal standing of Metropolitan Memorial, the CFO has identified shortfalls that will impact the funding of its proposed expansion into rural communities. In order to secure adequate funding from the Board, the operational team must reduce current operating budget by a million dollars.

Instructions

The CFO requests that you draft a memo to the Board providing justification for the additional funding in light of the shortfall. You should review current literature to support your justification. Your memo should include the following information based on the literature:

1. Explain the possible impact of resource allocation within a rural communities.

2. Discuss the factors that may affect the quality of care by reducing healthcare resources to accommodate budgetary constraints.

3. Discuss a potential service line and five possible ways in which the service line may maximize resource allocation.

Reference no: EM132567668

Questions Cloud

What kind of audit report should the auditor give : What kind of audit report should the auditor give if he found a wrong amount in A/R because this amount was wrongfully entered?
The financial and economic impact of expansion : Compare and contrast the role of finance and economics in the management of health systems in the U.S. and international markets.
Should end users be allowed to install applications : In a corporate, networked setting, should end users be allowed to install applications on their company workstations, whether the applications are on a DVD.
How can it improve the customer experience : How can IT improve the customer experience. Use your own experience as good or bad examples. Your answer must be substantive, which usually requires 300 words.
Employ contemporary economic principles : Employ contemporary economic principles that guide resource allocation decisions in health organizations.
Healthcare marketing : Describe any image or public relation issues. Public-relation issues can include a negative public incident, poor reputation or recent fraud investigation.
Make a lessee-lessor entries : Make a Lessee-Lessor Entries: Sales-Type Lease. The fair value of the equipment on January 1, 2018, is $247,500, and its cost is $198,000.
Discuss how would help you in creating an implantation plan : Share your newly gained knowledge of stakeholders and the change control process. Discuss how this would help you in creating an implantation plan.
Payment models and value-based care delivery : Evaluate the role and impact of financial principles on healthcare organizations.

Reviews

Write a Review

Science Questions & Answers

  What was the series of events that brought britain

What was the series of events that brought Britain and the colonies to the brink of war by 1774? To what extent were they the product of poor leadership? Differing theories of government? Different social experiences?

  What is an orbital resonance

What is an orbital resonance? Which of Saturn's moons is responsible for clearing out the Cassini Division?

  The appropriateness of certain employee displays

There has been some controversy in your workplace lately over the appropriateness of certain employee displays.How does context, such as different employee role

  Legacy project- karl pillemer at cornell university

For this week's discussion, you will be asked to visit the Legacy Project website, created by Karl Pillemer at Cornell University

  Determining in the most cost-effective computer for business

Demonstrate how to use the scientific method to make decisions and solve problems in your field of study or everyday life.

  Agesim

Example of Agesim that you have witnessed in healthcare

  Reinforcers are used to increase a behavior

Using the principles of operant conditioning, create a plan of how you can use reinforcers or punishers to change your habit. Remember: reinforcers are used to increase a behavior and punishers are used to decrease a behavior.

  Differences between deductive and inductive reasoning

Analyze the differences between deductive and inductive reasoning. Define both types of reasoning and offer an example of the practical application of each

  Provide a brief overview / synopsis of the issue

Provide a brief overview / synopsis of the issue. Discuss the model or economic theory that relates to the issue presented in the news article. Discuss what economic theory states and predicts about the issue presented in the news article.

  What are value assumptions found in the film explain

Watch "Race: The Power of an Illusion," What are 3 value assumptions and 3 reality assumptions found in the film? Explain

  What changes have been made as a result of this outbreak

Trace the path of a recent food-borne illness outbreak in the U.S. How could this have been prevented?What changes have been made as a result of this outbreak?Analyze the impact that food-borne illness has on global food markets.

  A genetic test for synesthesia

1. What criteria would you use to determine whether synesthesia is a disorder or a variation of normal sensation and perception?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd