I’m studying and need help with a Health & Medical question to help me learn.
Choose only ONE (1) of the following options below to discuss. Include question with your response.
1. 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.
2. You are working to develop a 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.).