Homework answers / question archive / Healthcare is expensive

Healthcare is expensive

Management

Share With

Healthcare is expensive. It takes an enormous amount of capital to secure the necessary resources to finance the care delivery continuum. The cost and sources of that capital is critical to being able to understand the cost of conducting business in general and also forms the basis on which future projects can be evaluated on a quantitative basis (e.g., capital budgeting, lease financing, etc.). For this week’s discussion, please review this article:

Arduino, K. (2019). How to advance projects amid rising capital costs. (Links to an external site.) Hfm (Healthcare Financial Management), 58–59.

Once article has been read, relate a personal or known (project) event (used and documented in the media for example) in responding to the scenario. Use the prompts below in addressing it:

• Provide context for the event (project) being described.
• What factors were taken into consideration?
• Was there sufficient or deficient capital to secure the necessary resources?
• What action was taken?
• What was the result of the action(s)?
• Was there an impact on specific processes, regulations or implementation?
• What have you learned from this exercise?