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Assignment: Economic Credentialing Complete the Problem beginning on page 463 of your text titled “Problem: Economic Credentialing” in a one to two page paper. Submit the completed assignment to your instructor. See page 369 for a general description of Marcus Welby Hospital. You are the lawyer for Marcus Welby Community Hospital. The administrator approaches you about how to amend the bylaws so that the hospital can get rid of doctors who are costing the hospital too much money under Medicare and HMO insurance. The administrator is concerned about which removal actions can be defended in court and which bylaw amendments are politically feasible with physicians. Advise the administrator on each of these options: • Amend the Hospital Bylaws to give the hospital board authority to remove doctors from the medical staff for any reason, regardless of the medical staff's own recommendations, as long as the medical staff is first consulted. • Amend the Medical Staff Bylaws to declare that an additional criterion for medical staff membership is to practice an efficient style of medicine that avoids wasting medical resources or providing unnecessary care. • Forget about amending any bylaws. Instead, go after physicians who are economic losers based on their general medical competence and their unwillingness to be cooperative. • Keep but supplant the entire medical staff structure by limiting who can practice in each department through one-year renewable contracts with the 200 best doctors out of the present 300. Note that the assignment asks you to comment on each of the options, not just one. You may comment on one option being better than another for some reason, but be sure to comment on all the options. Support your advice with material from the text. Submit this assignment to your instructor via the dropbox “LP5.3 Assignment: Economic Credentialing.” This assignment is worth 30 points. The law of health care finance and regulation book Third edition by wolters Kluwer.
Specify several advantages of operating a small business when it comes to General and Administrative (G&A) expenses. Determine the single most important advantage that you believe would benefit the small-business owner the most. Explain your answer.
Andrew Shilston divided cost management into perhaps eight categories. If you have any experience with any of the issues Mr. Shilston described in any of these categories, describe whether what he says is a legitimate perspective. Pick a single categ..
Research shows that information can be traded off for inventory.
i mazdas miata convertible originally drew the most interest from women between the ages of 35-55. in order to interest
Fixed and variable costs are used in break even analysis of equal facility processes. Discuss how the cost expressions are formulated in terms of fixed and variable. Define fixed and variable costs. Why can some overhead costs be part fixed and part ..
Six tasks, with times and precedence requirements as shown in the following table, are to be assigned to workstations. The desired output is 160 units per 8 hour day.
Jim Gilbert's Computer Store in Lake Mary sells a printer for $200. Demand is constant during the year, and annual demand is forecasted to be 600 units. Holding cost is $20 per unit per year, whereas the cost of ordering is $60 per order. Currently, ..
What are the various kinds of budgets? Please explain each. Which type of budget is best for your selected company? Which type of calendar year will you choose and why?
What opportunities are there currently in the various health care settings? What is the outlook for careers in the various health care systems in the future? Will there be a change in the trends?
Decide whether or not you believe Philip Kotler’s Marketing Plan Model provides a useful framework for developing an effective marketing plan.
What is the primary financial control tool used to manage the operations of an organization and how can it equip managers with the information they need to make decisions? Provide three examples.
Jick and Peiperl- In the case “Singapore Air: Changing to Stay Ahead,” you discover that Singapore Airlines (SIA) has been ranked as the best airline in both independent and customer surveys for nearly 3 decades. It serves as a model of a continuousl..
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