Today responses

As a  health care manager, you must be able to  analyze financial and economic issues in the health care industry. In this summative assessment, you will demonstrate  problem-solving skills.

Scenario

Imagine you are a health care manager at a hospital and you are preparing a report for your CFO  in which you analyze current issues in health care (e.g., nursing shortages, supply-chain disruption, and telehealth use) and address the financial impact of these issues on your hospital.

Preparation

Select 1  of the following  current financial issues that the health care industry faces today to use for this summative assessment: nursing shortages, supply-chain disruption, or telehealth use.

Access the  Week 2 University Library  and read 1 of the following articles from the Summative Assessment: Problem-Solving Analysis Report section that corresponds to the current financial issue you selected:

· Nursing shortage: “As COVID-19 Worsens Nursing Shortage, Madison Hospitals, Schools Step Up” 

· Supply-chain disruption: “Inflation Rattles Hospital Supply Chain and Labor Pool with no End in Sight”

· Telehealth use: “Telehealth Grows, but Medicare Has Woes”

700- to 1,050-word about the financial issue you selected in which you:

· Analyze the financial impact of your selected financial issue on the health care industry.

· Explain what the supply and demand challenges are for health care services in terms of personnel, supplies, or technology.

· Describe how regulatory issues are affecting, or will affect, the health care industry in the areas of personnel, supplies, and technology.

· Describe at least 1 strategy to improve the selected financial issue.

· Discuss what you believe would be the outcome of these recommendations, if implemented.