(Solved) As a healthcare 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 | Homework #1 Solution

As a healthcare 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 healthcare manager at a hospital and you are preparing a report for your CFO in which you analyze current issues in healthcare (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 healthcare industry faces today to use for this summative assessment: nursing shortages, supply-chain disruption, or telehealth use.

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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 healthcare industry.
Explain what the supply and demand challenges are for healthcare services in terms of personnel, supplies, or technology. Get Personal Brand Assignment Help!!
Describe how regulatory issues are affecting, or will affect, the healthcare 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.

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