Assignment:
You have been placed on a committee in your health care organization. The committee has to create a set of cost containment strategies that will positively impact (decrease) operating expenses. The committee is also challenged with increasing reimbursement.
1. Provide 5 cost-cutting strategies that the committee could recommend to the executive board.
2. Describe how these cuts will benefit patient care or business systems.
3. Provide 5 ideas on how to increase revenue or reimbursement. This answer can include short-term and long-term goals.
4. Describe how these revenue or reimbursement systems benefit patient care or the business systems.
Provide at least 4 references within the last five years that reinforce the strategies you have chosen. APA style with 5 to 6 pages not including title page and reference page.