Outline and discuss the major categories of reimbursements and costs in a health care organization. How do they influence each other?
This archive file of HCA 340 Week 3 Discussion Question 2 Managing Financial Budgets shows the solutions to the following problems:
Health care financial management is complex and an effective health care administrator must understand what makes up the foundation to financial operations. This includes: health insurance (private and social) and reimbursements private vs. not-for profit entities costs and expenditures capital materials management and budgeting.
1. Outline and discuss the major categories of reimbursements and costs in a health care organization. How do they influence each other?
2. In addition how do expenses and revenues affect the specific types of budgets outlined?
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