The project should include an analysis and discussion of a Finance Strategic Plan (FSP) developed to reduce costs/expenditures and reimbursement methodologies within a healthcare institution’s Emergency Department. The FSP may also include as a goal increased efficiency, which leads to reduced costs/spending. However, the increased efficiency must be quantified with financial planning and budget development, including new payment strategies.The project should include an analysis and discussion of a Finance Strategic Plan (FSP) developed to reduce costs/expenditures and reimbursement methodologies within a healthcare institution’s Emergency Department. The FSP may also include as a goal increased efficiency, which leads to reduced costs/spending. However, the increased efficiency must be quantified with financial planning and budget development, including new payment strategies.
A financial strategic plan to renegotiate supply chain contracts to save the Emergency Department money in a small Community Hospital
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