Explain the need for and the process for flexible budgeting in healthcare organizations today
May 15, 2019
Imagine that you are a public health nurse, and you and your colleagues have determined that the threat of a deadly new strain of influenza indicates a need for a mass inoculation program in your community. What public health data would have been used to determine the need for such a program?
May 15, 2019

Explain how a capital budget and a return on investment contribute to sustainable growth.Primary Discussion Response is due by Friday (11:59:59pm Central), Peer Responses are due by Tuesday (11:59:59pm Central).

Explain how a capital budget and a return on investment contribute to sustainable growth.Primary Discussion Response is due by Friday (11:59:59pm Central), Peer Responses are due by Tuesday (11:59:59pm Central).

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

You are the chief financial officer (CFO) for an organization and need to discuss with fellow C-suite executives that cost cutting is not the only answer to profitability. Prepare for the next manager’s meeting by responding to the following prompts:

Explain how a capital budget and a return on investment contribute to sustainable growth.
Clarify the role that risk analysis plays during capital investment decision making.
Provide 1 reference that discusses cost containment and patient care.

Articles that can be used for this assignment

Article 1 Channon, B. (2014). 5 ways to trim excess costs. HFM (Healthcare Financial Management), 68(6), 42. Retrieved from http://www.hfma.org/hfm/ Library database: Business Source Complete

Article 2 Korda, H., & Eldridge, G. N. (2011). Payment incentives and integrated care delivery: Levers for health system reform and cost containment. Inquiry, 48(4), 277-287 11p. Retrieved from http://inq.sagepub.com/ Library database: Business Source Complete

Article 3 Vianueva, D. (2011). Healthcare capital projects: How to avoid common problems. Healthcare Financial Management: Journal of the Healthcare Financial Management Association, 65(4), 86-90. Retrieved from http://www.hfma.org/hfm/ Library database: MEDLINE with Full Text

Article 4 Goldberg, A. J., & Fleming, W. P. (2010). Cost-containment and cost-management strategies. Journal of Healthcare Managemen


 

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