People have seen consistent rates of inflation over the past several decades in healthcare. This inflation has been driven by increases in costs for health insurance, technology utilization, and demand for qualified providers and facilities. Consider the many areas in which the U.S. healthcare system has seen steady rises in costs.
Imagine you are a financial manager for an organization that has seen significant cost increases in the past few years or decades in an area related to your organization (e.g., supplies, technology, outside services). Prepare an outline for a proposal on how to help reduce or minimize these costs.Use your text as a resource (Economics for Healthcare Managers by: Robert Lee) for this assignment plus one other resource from the library. Please cite your sources. The OUTLINE should include the following:
• Cost that is being looked at: Select one healthcare service or good, such as medication, CT, or insurance premium!
• History of increases: You must show historic increase from $$ to $$$! and the reasons of increase
Potential future increase You must show the potential future increase $$$! and the reasons of increase
1-2 suggestions for improvement or change
You must present 1 to 2 suggestions that a healthcare organization like medical practice, surgery center, hospital can do.
If more than 2 sources are needed that’s fine.
Rubric:
The Individual Project (IP) Grading Rubric is a scoring tool that represents the performance expectations for the IP. This Individual Project Grading Rubric is divided into components that provide a clear description of what should be included within each component of the IP. It’s the roadmap that can help you in the development of your IP.
Expectation Points Possible Points Earned Comments
Accurately identifies a cost that has risen over the years for an applicable healthcare organization of choosing; the cost chosen should be applicable and true to the organization
25
Thoroughly discusses the history of the item or cost in question and gives background on its growth over the years
30
Thoroughly identifies and discusses potential future increases and the possible reason why they would occur
30
Provides a minimum of 1–2 possible improvements or changes that can be made to eliminate or alleviate the cost burden in the future
30
Professional Language: Assignment contains accurate grammar, spelling, and/or punctuation with few or no errors. (APA formatting is required or style specified in assignment)..
10
Total Points
125
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