HCAD 600 Introduction to Healthcare Administration
Discussion 7 Questions –
Instructions: Please answer using your own words in a minimum of 350, maximum 500 words PER 11 QUESTIONS Referenced with three (3) peer-reviewed journal articles or qualified text publish within the past five years and follow APA Manual 7th editions scholarly writing guidelines. When writing replies, please provide your experiences, new ideas, add probing questions and new literature on the topic to enhance the learning opportunity.
7.1 Departmental Costing and Cost Allocation + Service Line Costing & Pricing pt.
Read “5 Approaches to Effective Budgeting & Forecasting in Healthcare” (16-page document). After you read the article, discuss the most effective approaches to budgeting in the healthcare industry. Which approach is the most effective and why? Answer the question with research to support your statements.
7.2. Financial Compliance & Ethical Decision Making
Many of the regulations you have read about this week were developed from prior actions within the medical community that warranted changes to be made to protect patients, individuals, investors, and other stakeholders. The Sarbanes-Oxley (SOX) Act of 2002 was born out of several accounting scandals at the time. One of these accounting scandals was HealthSouth Corp., the nation’s largest provider of outpatient surgery, diagnostic and rehabilitative healthcare services at the time (Sec.gov, 2003). Discuss the importance of fair and accurate financial reporting in the healthcare industry in a few paragraphs and post this discussion to the discussion forum. Be sure to support your statements through research
7.3. The Health Care Revenue Cycle
Read “Hospital revenue cycle trends to watch in 2019 — 8 thoughts” (https://www.beckershospitalreview.com/finance/hospital-revenue-cycle-trends-to-watch-in-2019-8-thoughts.html. Based on the trends you read about in the article, which of the eight trends are most evident in the healthcare industry today? Support your statements with research in a few paragraphs
What would you say to each of these team members about the project?
7.5. How does this discussion connect to our course? (See Lecture 7 notes Doc before answering this question)
Let’s use this Topic to see if any of our thinking about how to address the issues in the scenario might be relevant to your experience with team (Group) projects for class.
Are you using any of your strategies and ideas about communication and teamwork with your actual Team?
Are all members of the Team fully on-board with a plan for doing a great job on the final report and presentation?
Are all members fully participating? If not, what are you doing about that? On the flip side, what are you doing “proactively” to ensure full engagement in the project by all members of the Team?
7.6. Trends and the Reality of Teamwork
What are some of the macro- trends that are likely to be important to the US healthcare system over the next ten years? Pay particular attention to trends in the overall economy, demographics, personal lifestyles and behaviors, technology (including biotechnology and smartphones), and federal and state government policies.
Use SPECIFIC examples from current Google News or NewsHog to support your analysis. This means that you will need to look at the real day-to-day news and see the “macro” in the “micro.”
7.7. What Motivates and Inspires You? (See Lecture 7 notes Doc before answering this question)
Respond to ALL THREE of these options.
Describe a situation you have experienced, witnessed, or with which you are sufficiently familiar to offer detailed analysis where:
7.8. Thinking About the Future (See Lecture 7 notes Doc before answering this question)
Here is a TEDx presentation that presents a very interesting perspective on the future:
After you watch it (it’s about 17 minutes long), then discuss the following questions:
Here are some additional YouTubes to help spark your thinking:
7.9. Innovation (See Lecture 7 notes Doc before answering this question)
7.10 Medical Tourism (See Lecture 7 notes Doc before answering this question)
Review these two web sites:
Based on the information provided, what (as a healthcare professional) would you recommend to a family member considering these services? Remember to build your recommendation on facts and relevant research (not opinion). Why would an overseas procedure be a good option? Why might it not? Why might someone want to come to the United States for medical treatment?
7.11 Creating Resilience (See Lecture 7 notes Doc before answering this question)
Research three of the following incidents.
How did the event impact the hospital and health community? What steps could have been taken to better prepare? To better respond? Does your institution or workplace have a continuity of operations (COOP) plan? Do you test it regularly?
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