Topic Financial Leadership Assessment:
Baker, J.J. 8!. Baker, R.W. (2014). Health care finance: Basic tools for nonfinancial managers (4th ed.). Burlington, MA:
Jones 8!. Bartlett Learning.
Description: Assuming the role of a new administrator of a healthcare, long-term care, or human service organization prepare a financial leadership assessment addressing key concepts and principles essential to effective financial practices and operations of a healthcare entity. Based on the readings and course topics examine how financial health would be managed including: écFinancial challenges you would expect to face acl-low you would monitor and address these challenges écKey financial information you would want access to acl-low you would manage the financial health of the organization Additionally, describe and explain how 3rd party Payer requirements and reimbursements and Medicare and Medicaid standards for managed care and subacute care factor into the financial management of your new healthcare system; and include a plan for auditing practices to ensure regulatory compliance. Your paper should be 4-5 pages in length and follow APA standards.