Week
4: Financial and Budgetary Aspects
·
Due by the end of Week 4 at 11:59 pm,
ET.
Write a minimum of 250-word report to the physician, nurse clinical
leader, and hospital executive team that describes the financial and budgetary
aspects that may be affected by the identified issues recently described. Use at
least one scholarly reference to support your report.
4: Financial and Budgetary Aspects
·
Due by the end of Week 4 at 11:59 pm,
ET.
Write a minimum of 250-word report to the physician, nurse clinical
leader, and hospital executive team that describes the financial and budgetary
aspects that may be affected by the identified issues recently described. Use at
least one scholarly reference to support your report.
Points to
include as you write your report:
·
Denials of payment and effect on wound
center financials
·
How billing might affect your annual
wound center budget
·
How patient volumes may affect quality of
care
·
Quality and health care costs
Hint – think about value-based care,
implementation of Centers of Excellence, use of evidence-based clinical
guidelines, and how improvements in quality could lower costs by reducing
complications or hospital readmissions.