Chat with us, powered by LiveChat As a health care manager, you must be able to analyze financial and economic issues in the health care industry. In this summative assessment, you will demonstrate pro - Very-Good Essays

As a health care manager, you must be able to analyze financial and economic issues in the health care industry. In this summative assessment, you will demonstrate pro

 

As a health care manager, you must be able to analyze financial and economic issues in the health care industry. In this summative assessment, you will demonstrate problem-solving skills.

Scenario

Imagine you are a health care manager at a hospital and you are preparing a report for your CFO in which you analyze current issues in health care (e.g., nursing shortages, supply-chain disruption, and telehealth use) and address the financial impact of these issues on your hospital.

Preparation

Select 1 of the following current financial issues that the health care industry faces today to use for this summative assessment: nursing shortages, supply-chain disruption, or telehealth use.

Access the Week 2 University Library and read 1 of the following articles from the Summative Assessment: Problem-Solving Analysis Report section that corresponds to the current financial issue you selected:

  • Nursing shortage: “As COVID-19 Worsens Nursing Shortage, Madison Hospitals, Schools Step Up” 
  • Supply-chain disruption: “Inflation Rattles Hospital Supply Chain and Labor Pool with no End in Sight”
  • Telehealth use: “Telehealth Grows, but Medicare Has Woes”
Assessment Deliverable

Write a 700- to 1,050-word report about the financial issue you selected in which you:

  • Analyze the financial impact of your selected financial issue on the health care industry.
  • Explain what the supply and demand challenges are for health care services in terms of personnel, supplies, or technology.
  • Describe how regulatory issues are affecting, or will affect, the health care industry in the areas of personnel, supplies, and technology.
  • Describe at least 1 strategy to improve the selected financial issue.
  • Discuss what you believe would be the outcome of these recommendations, if implemented.

Cite sources to support your report. 

Format your report according to APA guidelines. 

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