From the perspective of a health care CFO how as a health care MANAGER would you
ID: 370075 • Letter: F
Question
From the perspective of a health care CFO how as a health care MANAGER would your role would contribute to reducing the cost of care or increasing efficiency with the goal of sustaining the organization in a changing and challenging environment? This is the real world application that your role would be challenged with as a manager to support the overall environment. What would you do? What idea would you bubble up and how would it effect the bottom line? How do you plan, communicate and demonstrate the use of resources to get your idea noticed?
Explanation / Answer
As a manager to reduce cost and increase efficiency to affect bottom line :
To communicate this message a memo is prepared to inform the whole staff, of the change, the incentive structure remains the same but there are few additional requirements. Give 2 months time to adopt the best practices and prepare for the change.
First this is implemented in one surgery department, then the savings are published for all departments to adopt and then it is rolled out for the complete set up.
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