Write a 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.
• 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.
