Explore various healthcare professional organizations


Assignment:

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Fullhealth is one of the largest healthcare organizations in Helena, Montana. Fullhealth owns multiple lines of healthcare businesses including a health plan, three long-term care assisted living facilities, and two home healthcare agencies.

There are three types of healthcare enrollee plans with the following number of enrollees: 8500 Medicaid enrollees, 6200 Medicare enrollees, and 15,000 employer sponsored health plan enrollees. Within the last two to four years, all plans have consistently earned a profit. The Board of Directors, however, wants to raise the target profit for future years.

Local competitors with similar facilities have either earned marginal profits or reported a net loss. If profit losses continue, two of your company's competitors may be forced to go out of business by the end of the year. You are a staff member in the Finance Department of Fullhealth whose sole responsibility is to advance the success of the organization through assisting in the planning, forecasting, and managing of the organization's finances.

ASSIGNMENT:

You recognize that your contribution to the organization would improve if you joined an association for healthcare finance professionals. Write a memo suggesting some healthcare management associations you can join.

Use the Library and web resources to explore various healthcare professional organizations in finance, auditing, compliance, or other related entities, which would increase your knowledge in the listed areas through membership. In the proposal, include the purpose of the organization and benefits the company would receive from your participation.

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