This assignment focuses on Healthcare Financial Management as well as Souza, M. & McCarty, B. (2007) Case Study analysis. So, complete a summary of the case study that identifies the key problems and issues, provides background information, relevant facts, the solution employed, and the results achieved.
Healthcare Financial Management – Souza, M. & McCarty, B. (2007) Case Study
Write an eight- to ten-page case analysis. Souza, M. & McCarty, B. (2007). From bottom to top: How one provider retooled its collections [Electronic version]. Healthcare Financial Management, 61(9), 67-73. Include the following: Complete a summary of the case study that identifies the key problems and issues, provides background information, relevant facts, the solution employed, and the results achieved.
Also, identify and explain the accounting practices California Sutter Health used in defining and solving its collection problems. Then, develop an alternative solution based on your own research using three academic sources from journals, professional organizations, and websites. Besides, state your informed opinion of the approach used by California Sutter Health, and provide support using concepts from your research and personal experience.
Souza, M. & McCarty, B. (2007) Case Study
Have you ever wondered how hospitals pay for all their equipment? Or how your hospital bills are processed? Also, health organizations operate like any business and rely on strong financial management.
The primary role of financial management in healthcare organizations is to manage money and risk in a way that helps to achieve the financial goals of the organization.So, when a healthcare organization has strong and organized financial management plans, they’re able to provide efficient healthcare to all their patients.
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