HMGT322 Health Care Financial Management
Week 1 Discussion
Please answer all the questions in Theme 1. Answer only ONE (1) discussion question in Theme 2. Once you posted your initial discussion, respond to TWO (2) of your fellow classmates’ responses. In responding, either constructively expand on their statement or add discuss an additional advantage or disadvantage. (Try not to repeat the same advantage or disadvantages that others have already posted)
Theme 1:
It is a challenging job to be a student. All students juggle multiple priorities and responsibilities trying to gain the highest grades at the same time. Please offer your strategies on time management and study skills to your peers. Provide minimum three of the most helpful tools and/or strategies that you use to a high degree of success. Tell us how you apply those tools or skills by sharing an example. Discuss the tips offered by your peers and reflect how or if they will work for you. Some of the additional information could be found in Helpful Tips overview.
Theme 2:
Choose only ONE (1) of the following options below to discuss. Include question with your response.
You just started your new job as a Health Services Manager at a local hospital. The CEO wants your opinion on the advantages and disadvantages of various third-party reimbursement arrangements with respect to revenues and provider incentives. Pick one of the reimbursement arrangements discussed in this week’s reading, explain how it works, and discuss ONE advantage and ONE disadvantage.
You are working to develop the business plan for a new business. You are trying to determine the best organizational structure to use. Of course, the legal structure you pick will depend on the nature of your new company (e.g. who owns it, the number of owners, liability, etc). Pick one of the legal organizational structures discussed in this week’s reading and state ONE advantage and ONE disadvantage of the structure for your new firm. Be sure to identify the characteristics of your new firm (e.g hospital, physician practice, outpatient center, etc.).
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