Healthcare Economy
People have seen consistent rates of inflation over the past several decades in healthcare. This inflation has been driven by increases in costs for health insurance, technology utilization, and demand for qualified providers and facilities. Consider the many areas in which the U.S. healthcare system has seen steady rises in costs. Imagine you are a financial manager for an organization that has seen significant cost increases in the past few years or decades in an area related to your organization (e.g., supplies, technology, outside services). Prepare an outline for a proposal on how to help reduce or minimize these costs. Use your text as a resource for this assignment plus one other resource from the library. Please cite your sources. The outline should include the following:
- Cost that is being looked at
- History of increases
- Potential future increases
- 1–2 suggestions for improvement or change