Question 1 - Recent turmoil in the capital markets underscored for hospital leaders the negative impact of various liability-side risks. These risks for the liability-side include market and liquidity risks as applied to investments, such as equities (stocks), bonds, securities, and property, plant, and equipment. What are several types of financial risk that the health care organization could take in the course of operations?
Question 2 - Financing risk often must be addressed when an organization is least equipped to deal with it and limited in its options. The interrelationship of asset-side and liability-side risks is a critical issue for hospital leadership. Give an example of how you would use a best practice approach to balance sheet management, giving careful consideration to management of asset/liability risks and returns in concert with one another.
Question 3 - In today's economy, an important measure for a CEO or CFO is the return on assets (ROA). The goal is to maximize the ROA, resulting in reduced operating costs and improved clinical outcomes. Given the direction of reimbursement, a well-run project with positive results could impact a health care organization's revenue performance. What are some ways building projects will lose without supply chain management's expertise?
Question 4 - The key to planning technology is the investment in a strategic plan that encompasses not only where an organization is headed, but also defines the organization's current position. The plan, in essence, outlines the pathway between the two. Making it successful depends on how the market is defined, and whether or not the right questions are being asked. To determine the long-term cost of operation and potential revenue generation for each piece of equipment, what factors need to be considered?