Health care sector
Need to create a set of cost containment strategies that will positively impact (decrease) operating expenses. The committee is also challenged with increasing reimbursement. Need to Provide 5 cost-cutting strategies that will recommend to the executive board. Describe how cuts will benefit patient care or business systems. Give 5 ideas on how to increase revenue or reimbursement. Include short-term and long-term goals. Describe how these revenue or reimbursement systems benefit patient care or the business systems. Provide at least 2 references that reinforce the strategies you have chosen.Explanation & Answer
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