HSM331 Health Financial Management Forecasting Techniques Paper

HSM331 Health Financial Management Forecasting Techniques Paper

Suppose you are the new Chief Executive Officer (CEO) at Memorial Hospital.  Memorial is a nonprofit hospital with 300 beds and is located in a busy metropolitan area directly adjacent to a large university.  Memorial is the only hospital within a 20-mile radius of campus, but construction on a new competing hospital has just started within 5 miles.

? Identify three forecast content items.  How will they be measured?

? What is the expected status of the content items in the future?

? Which forecasting techniques should you use?

• Create a thesis statement based on the scenario above that is relevant to financial management in healthcare delivery.

Adoption of Healthcare Technology Individual Project

The future of Healing Hands Hospital is looking bright thanks to the work of the task force. Mr. Magone is excited about the information you have presented about the changes in payment structures, competitors, and potential to merge; successful preparation for an accreditation visit; and emerging technologies. With these in mind, he has asked you to put together a brief paper summarizing a short-term plan for the hospital.

complete the following:

Describe 3 goals for changing the organization in terms of either payment structure, technology, potential mergers, or quality improvement.

Explain the overall impact of the change goals on the future of Healing Hands Hospital.

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