HCA 610 Module 3 DQ 1
Describe the effect of higher levels of medical spending, profitability, and fiscal margins on process quality for health care organizations. Indicate the role of financial stability in health care organizations on their ability to adequately resource the staffing, equipment, and infrastructure that support care delivery. Specifically, what is the effect of financial flexibility in increased use of preventative and wellness measures and lower length of stay?
Answer:
Higher levels of medical spending, profitability, and fiscal margins have a positive effect on process quality for health care organizations. As these factors increase, the amount of resources available for staffing, equipment and infrastructure that support care delivery increases as well.
The role of financial stability in health care organizations on their ability to adequately resource the staffing, equipment and infrastructure that support care delivery is significant. Financial flexibility allows for preventative and wellness measures to be increased as well as lower length of stay which reduces costs associated with patient care.
Question:
HCA 610 Module 3 DQ 1
Describe the effect of higher levels of medical spending, profitability, and fiscal margins on process quality for health care organizations. Indicate the role of financial stability in health care organizations on their ability to adequately resource the staffing, equipment, and infrastructure that support care delivery. Specifically, what is the effect of financial flexibility in increased use of preventative and wellness measures and lower length of stay?
