Describe how these revenue or reimbursement systems benefit patient care or the business systems..
Weekly tasks or assignments (Individual or Group Projects) will be due by Monday, and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.
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.