Describe the fundamental value of effective variance


Assignment

1. Healthcare budgeting is critically impacted by the regulatory and legal environment of the organization. Discuss key regulatory and legal issues that are affecting U.S. hospitals at this point in our history.

2. Discuss the fringe benefit level change as a key component of the operating budget for any healthcare organization. Why is it so important?

3. Describe the fundamental value of effective variance analysis and variance reporting in healthcare organizations.

4. Describe the benefits of an alert-based decision support management system for healthcare organizations today.

5. Discuss the ways in which a physician office practice can optimize its financial condition and benefit its hospital partner.

6. Healthcare administrators need a solid understanding of physicians and their medical staff activities. Explain the typical categories of medical staff in a community hospital setting.

7. Explain how advancements in clinical systems can benefit healthcare organizations today.

8. Discuss the key information technology (IT) initiatives facing American hospitals today. Be sure to include at least three such initiatives.

9. For a healthcare facility, explain the benefits of utilizing the ten necessary decision-support tools presented in Chapter 10 of your textbook.

10. Discuss key features and functionality that should be present in any healthcare information system today.

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