Elaborate on the implications of a Health Services Department moving from a cost center to a profit center
Financial Analysis and decision making in healthcare
Elaborate on the implications of a Health Services Department moving from a cost center to a profit center. Information discussed must include:
The difference between a cost and a profit center.
Decentralization versus centralization within the health service business.
How the health service department can stick to its historic mission of serving those without insurance and/or those that are historically under served.
The implications of having public health professionals that are not permitted to bill or have reimbursable codes.
600 words and must contain at least 2 references and 1 instance of biblical integration. Current APA format must be used.
Harrington, Michael K. Health care finance and the mechanics of insurance and reimbursement. Burlington, MA: Jones & Bartlett, 2016. ISBN: 9781284026122
Answere preview to elaborate on the implications of a Health Services Department moving from a cost center to a profit center
APA
677 words
