Problem
A. Why is financial management important to the organization?
B. What is the distinction between the purpose of healthcare management and the purpose of healthcare financial management?
C. How would you prioritize the major objectives of healthcare financial management?
D. What are the major ethical theories, and how they apply to the role of a healthcare organization?
E. Why should financial managers should be concerned with quality initiatives in the healthcare organization?
F. How would you predict that financial management and the management functions will be important as healthcare changes in the future?
Organization of Financial Management
A. How would you explain the meaning of corporate status in relation to healthcare organizations? What are the advantages corporate status provides?
B. What is the role of the governing body? How does the governing body use organized committees to monitor the performance of the CEO?
C. What are the responsibilities of the CFO? What are the characteristics and traits of a successful CFO?
D. Although both the corporate compliance officer (CCO) and the chief information officer (CIO) report to the CEO, what are the primary aspects of their individual roles that distinguish these positions?
E. How would you compare the roles of the internal auditor and the independent auditor? What must the independent auditor include in the audit report?
F. How would you describe organizational models that attempt to integrate patient care, including the differences among them?