Assignment: Managed Care Organization
You are the new CFO, of UMUC Medical Center, a 120 multi-skilled level three healthcare facility. You have summoned a team of healthcare and business experts to assist with the process of contract negotiating. Based on the federal mandate of the Affordable Care Act (ACA), prepare a proposal summarizing the team's final recommendations in preparation for an upcoming meeting.
Devise a proposal that addresses the following:
• Present a four to five page proposal recommending the team's final decision based on the review of National Committee on Quality Assurance (NCQA), 2016-2017 health insurance plans rating that can be located directly. The proposal must identify the following:
o Conduct a one page analysis of the ACA and its future implications on managed care organizations (in particularly in reference to reimbursement)
o Create a one page checklist that will be utilized as a tool to review managed care contracts presented to the organization.
o A one year financial analysis as a predictive measure/tool projecting the financial performance based on the adoption of the selected health plan and reimbursement model [based on fictitious data and figures]
o Identify at minimum three involved parties the team recommends as a contributing player in the review of all managed care contracts under consideration. Briefly, support your reasoning for each recommended person to participate in the review.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.