Question

Congratulations! You have been promoted to a senior leadership role and have been charged with improving...

Congratulations! You have been promoted to a senior leadership role and have been charged with improving financial performance in your organization. To do this, you will work with your team to create an environment of sustainable excellence – an environment which is committed to driving a shift from pay-for-service to pay-for-value.

Homework Answers

Answer #1

Ways to maximize the financial performance in the health care organization

  • Compare staff level to patient census information in all departments for staffing adjustments daily
  • Check total hours paid and hours worked. Working hours is the best way to improve staff productivity.
  • Consider the redesign of work process
  • Rethink span of control in case one director for the many departments.
  • Compensation practices helps in consistency and standardization.
  • Make sure that there is no compromise in the quality of care based on staffing decisions.
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