Question

How would you prioritize the 6 major objectives of healthcare financial management?

Answer 1

Answer :- The major objectives of the health care financial management as per priority are :-

1. the first main objective is to generate a reasonable net income

2. And then the second objective is to respond to regulation

3. And the third one objective is to facilitate regulations with third-party payers

4. The next forth objective is to influence methods and amounts of payments

5. And the fifth main objective is to monitor physicians and their potential liability

6. And the last main objective is to protect the tax status  

These all are to be prioritize on the basis of the necessities or the importance of it. The objectives that are placed first are more necessary for the efficient growth and stability of the health care organisations.