answer each question of the following I want you to imagine you are a new CEO at
ID: 370259 • Letter: A
Question
answer each question of the following
I want you to imagine you are a new CEO at a large HCO that has had some financial difficulties. You are meeting with the Board of Directors and physician leaders for the first time and they are concerned about the fiscal status of the HCO. What would you say to them about the following topics to convince them you can improve operations:
Importance of an evidence-based culture (discussed in previous chapters - apply concept here)
How your HCO can provide financial resources
How you will assure integrity in financial operations
Write as though you are actually addressing the Board - you need to fully discuss each of the points above to show that you understood the information in the chapter. Clarify with headings which topic you are presenting. This assignment should be at least two pages of information.
Explanation / Answer
decisions in healthcare system can not be taken blindly. the total information about patients, information about past habits, healthcare issues, kind of treatments they have, repetitive times of the problems, biological and genetic healthcare problems etc, has to know before making a healthcare decision about a patient. all this comes under evidance based culture only. it helps to find the roots of healthcare problem and find permanent solution problem. that is the reason why evidance based culture got more importance in modern healthcare process. hence, it is better to us if we follow this without any fail. of course it may take some time, requires some process and some additional cost also occured. but definitely helps us to find solutions to patient problems, and cured those. for this only the data should be collected, assessed, interpret and draw an useful output is called as evidence based culture.
when it comes to financial resources, there are some bankers and financial firms which can lend funds to us. but before that we need to create a positive impression, shown some securities to them, and surities. then we can borrow funds from banker to meet some working capital needs and some capital investment needs. and if there are any short term borrowing facilities from market, we need to capitalize those.
and as doctors and care providers, they need to concentrate on sevice delivery and quality in service delivery. if they did their duties well, serve the patients with more ease, love their profession, it helps to get more patients and more revenues to the hospital. with this we can fulfill our daily obligations and sooner we may get surplus funds for expanding and developmental activities too.
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