How to increase revenue for assisted living facility

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Reference no: EM132529116

You have been placed on a committee in your health care organization. The committee has to create a set of cost containment strategies that will positively impact (decrease) operating expenses. The committee is also challenged with increasing reimbursement.

Provide 5 cost-cutting strategies that the committee could recommend to the executive board.

Describe how these cuts will benefit patient care or business systems.

Provide 5 ideas on how to increase revenue or reimbursement. This answer can include short-term and long-term goals.

Describe how these revenue or reimbursement systems benefit patient care or the business systems.

Reference no: EM132529116

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