HTH 230 BSC Rochester General Hospital and Strong Memorial Hospital Presentation

PART A

• Discuss the differences between direct and indirect costs in health care and the impact it has on financial management.
• Define cost-effective measures and provide at least one example that is applicable to your personal experiences.

PARt B

In this section of the project,you will first identify the city in which your organiation is looking to expand, then,identfy andchoose the two hospitals that your organization would be competing with in the city that you have chose. Infour to fivePowerPoint slides with voiceover,address the prompts below.Remember, your slides must contain at least two scholary resources to support your responses.

• Identify and describe each of the hospitals business structure; Are the hospitals not for profit, for profit, HMO, etc? What are the defining characteristics that make their business structure different from each other?
• From a financial perspective, analyze the legal and regulational boundaries that the two hospitals may experience due to the type of business structure.
• Identify and describe the different type of services offered and the customer needs that the two hospitals seek to meet.
• Describe the patient populations that they serve and how their services are tailored to these populations.
• PART C
• This week you will review the contemporary issues
  identified in the case study shared below.
  Please write a 750-word essay that critically evaluates issues in
  financing health care by addressing the provided prompts.
• Case
  Study – Containing Operating Cost
  Jim is a financial analyst
  at his organization and his primary role is to ensure that the Cardiology
  service line and the Transplant service line stay within its operational budget
  for the fiscal year. Today, he is meeting with the operational leadership of
  his organization’s cardiology service line. He let them know that they are
  currently over budget for the year, mainly due to staffing and over utilization
  of supplies.
  In at least 750 words, write
  an essay in APA format that critically evaluates the organizations operating
  cost. Ensure that you answer all prompts thoroughly using at least two
  resources as references to justify your response.
  ·
• Educate operational leadership on why it is
  important to the overall bottom line of the organization to contain these costs
  and the challenges that come with doing so.
  ·
• Explain the measures that operational
  leadership can take to help manage these operational costs across its service
  line. What best practices are out there that they can learn from and implement?
• PART D
• Describe the factors that have led to increased health care costs?
• Discuss the necessary skills that you possess or hope to possess in the potential role as a finance manager when making capital purchases and how this may impact the organization in which you are employed.