Discuss ways in which physician office practice can optimize


Discussion Post: Financial Management in Healthcare

i. Explain the need for and the process for flexible budgeting in healthcare organizations today.

ii. Explain how strategic plan criteria are utilized and weighted in the capital budgeting process, thereby facilitating capital decision making.

iii. 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.

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

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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