Negotiation crisis, Imagine you are a CFO for a community

Negotiation crisis

Assignment Help Operation Management

Reference no: EM132641519

Assessment Objectives:

1. Basic methods of payment for hospitals

2. Factors that influence pricing

3. Pricing formula and reasonableness

4. Important considerations for health plan contract negotiation

Prompt:

Scenario Essay: Negotiation Crisis

Imagine you are a CFO for a community hospital that is preparing for contract negotiation with its largest nongovernmental payer; Imagine HealthCare. Imagine accounts for nearly 30% of all patient-care revenue at the Hospital, and this percentage is growing. What would you do if Imagine refused to increase inpatient payment rates in a manner more consistent with Medicare? You must determine both how to negotiate a better outcome and what the risk would be of losing Imagine altogether. In Week 3, give thought and research to this scenario. What are the important points to consider? How would you go about negotiating with Imagine?

Reference no: EM132641519

Questions Cloud

Stages of hydro one enterprise risk management process : What is Hydro One's strategy and what risks does the company face? Consider the three stages of Hydro One's enterprise risk management (ERM) process:

What is governance mechanism : What is governance mechanism? Compare and contrast the internal and external governance mechanisms and highlight which type of governance mechanism

Compute the net profit arising as a result : A business purchase goods on credit for $10000, Compute the net profit arising as a result of entering into these transactions

Compute Cullumber Year earnings per share : During Year 7, Cullumber had a weighted average of 300000 common shares outstanding. Compute Cullumber's Year 7 earnings per share."

Negotiation crisis : Imagine you are a CFO for a community hospital that is preparing for contract negotiation with its largest nongovernmental payer; Imagine HealthCare

Describe five common forms of fraud : An overview of fraud in Australia. Describe five (5) common forms of fraud that occurs over accounts receivable in Australia

Attempted to implement concept into their organization : Discuss at least 2-3 organizations who have attempted to implement the concept into their organization. Who was successful? Who failed?

Key performance indicators : Discuss the company's objectives. Identify the five KPIs that the group thinks could be used to evaluate if the company is achieving their objective(s).

Customer delight-hospitality industry : Torres and Ronzoni (2018) write that customer satisfaction is, "the comparison of product and service performance to expectations"

User Account

All Pages