Identify three things the hospital could do that would increase case mix and profitability. Also indicate...
Identify three things the hospital could do that would increase case mix and profitability. Also indicate what might impact profitability even if you are able to increase revenue.
Homework Answers
Answer: The healthcare organization could involves things that can increase profitability are:
- Reduce the readmission rates.
- Increase market share
- Remove the drawbacks in the emergency room.
The performance if the healthcare professionals, quality of care provided to the patients may impact the profitability even after increasing the revenue. This is because low satisfaction rate of the patients may decrease in the number of patient.
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Identify three things the hospital could do that would increase
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