Part 1 you work for the local hospital in a meeting your

Assignment Help Microeconomics

Reference no: EM13375930

Part 1

You work for the local hospital. In a meeting, your boss mentioned that profit margins were declining.

The hospital's board of directors' future vision is to raise the target profit, expand the facility size, and increase the amount of beds and emergency room spaces offered by the hospital.

You are a staff member in the finance department, and your sole responsibility is to advance the success of the organization through assisting in planning, forecasting, and finance management. Health care organizations obtain revenues through multiple funding sources. Unlike consumer products, health care organizations do not rely on the consumers of their services as the primary sources of revenue.

Discuss the following with your colleagues:

• Three identified sources of revenue that may assist you in the financial forecasting for the organization

• The grant-writing process, including the following: o Three grant resources that can be included as additional revenue to ensure the success of the hospital's financial future. Explain your reasoning in choosing the grant resources listed in your answer.

Part 2

Governmental sources (public programs) and private payers are just a few examples regarding sources of health care revenue. Medicare, Medicaid, and managed-care programs are some types of payers that make up the revenue source for health care organizations.

Reference no: EM13375930

Questions Cloud

1 two mutually exclusive investments cost 10000 eachand : 1. two mutually exclusive investments cost 10000 eachand have the following cash inflows. the firms cost ofcapital is

1 mrs holt 85 years old has been admitted to acute care : 1. mrs holt 85 years old has been admitted to acute care following a fall resulting in a fractured femur. she is a

Problem statement organisational behaviours and hrm please : problem statement organisational behaviours and hrm please write with 500 wordsyou may not be a human resources manager

Although new york state is second only to washington state : although new york state is second only to washington state in production of apples its production has been declining

Part 1 you work for the local hospital in a meeting your : part 1 you work for the local hospital. in a meeting your boss mentioned that profit margins were declining.the

Question 1 nbspwhat are the highest and lowest payments : question 1 nbspwhat are the highest and lowest payments from the writer that the beekeeper-farmer team will accept for

Question 1 using the same amount of resources the united : question 1 using the same amount of resources the united states and canada can both produce lumberjack shirts and

Questionyou have exams in economics and chemistry coming up : questionyou have exams in economics and chemistry coming up and five hours available for studying. the following table

Question suppose we can divide all the goods produced by : question suppose we can divide all the goods produced by an economy into two types consumption goods and capital

User Account

All Pages