Evaluate the importance of inventory management, cash management and short-term investments to keep the facility viable.
Choose one of the case studies to analyze.
Evaluate the importance of inventory management, cash management and short-term investments to keep the facility viable. Determine the mindfulness of effective practice in healthcare operations by analyzing the complexity of the finance functions and reimbursement systems and the laws governing regulations. Assess how receivables are created as well as managed for the effective operations of an organization and justify the need for managers to monitor and control operations of an organization.
Case studies:
- Ferguson, J.W. (2015). Case study: Billing is not revenue cycle management. PMG. Retrieved from https://www.gopmg.com (Links to an external site.)
- Khalifa, M., & Khalid, P. (2015). Developing strategic health care key performance indicators: A case study on a tertiary care hospital. Procedia Computer Science, 63(2), 459-466. Retrieved from https://doi.org/10.1016/j.procs.2015.08.368 (Links to an external site.)
- Short, I.M., & Lavy, S. (2017). Facility maintenance and management: A health care case study. International Journal of Strategic Property Management, 21(3), 170-182. Retrieved from https://journals.vgtu.lt/index.php/IJSPM/article/view/1839/1455