Healthcare Environment & Financial Statements

Health Information Systems course
September 11, 2020
The role of the paradigm shift under the Affordable Care Act and discuss how transparency will play a greater role in pricing of health care.
September 11, 2020

Healthcare Environment & Financial Statements

Healthcare Environment & Financial Statements

Paper details:
Health care financial managers stand between the company’s real assets and the financial markets where the firm raises the firm’s cash. The responsible financial manager will not fixate on short-term financial gain for the shareholder, but rather concentrate on the long-term interests of the company. The maximizing shareholder value approach means that decisions about strategy and tactics are based primarily on financial considerations. 1. With the mission of maximizing shareholder value in mind, how could the health care financial manager help to motivate a large group of employees to exceptional performance? Explain in detail. 2. Should the financial manager have any influence on care mapping within the organization? Why, or why not, and give rationale. —– Healthcare costs continue to rise at alarming rates. The government continues to enact various pieces of legislation (e.g. The Affordable Care Act) to try and curb the mounting price tag. 1. Do you believe that the government should continue with its efforts to decrease the cost of healthcare or should the government allow for complete privatization of the healthcare industry? Explain your answer.

Motivating for Performance and Care Mapping
Health care financial managers stand between the company’s real assets and the financial markets where the firm raises the firm’s cash.
The responsible financial manager will not fixate on short-term financial gain for the shareholder, but rather concentrate on the long-term
interests of the company. The maximizing shareholder value approach means that decisions about strategy and tactics are based primarily
on financial considerations.
1.    With the mission of maximizing shareholder value in mind, how could the health care financial manager help to motivate a large group
of employees to exceptional performance? Explain in detail.
2.    Should the financial manager have any influence on care mapping within the organization? Why, or why not, and give rationale.
After posting your response, respond to two other peers’ posts. Do you agree or disagree with their posts and why?

Healthcare Costs
Healthcare costs continue to rise at alarming rates. The government continues to enact various pieces of legislation (e.g. The Affordable Care Act) to try and curb the mounting price tag.
1.  Do you believe that the government should continue with its efforts to decrease the cost of healthcare or should the government allow for complete privatization of the healthcare industry?Explain your answer.

 

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