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Strategic Initiatives and Summarize Assessment

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Continuing on to the next and last 2 steps of the Feasibility Report. Please provide at least one Page for each section. Thank you so much for your help!

Strategic Initiatives

Create a list of strategic initiatives in regard to financial management. Consider items such as billing, payroll, insurance reimbursement, accounts payable, accounts receivable, grants, and other areas.

Summarize Assessment

Gather your assessments, lists that were created, analysis, and other information pertaining to your capstone paper. Create a summary that discusses your assessment and recommendations. This brief summary should pull together your assessment and recommendations and leave the audience with a clear sense of what can be done.

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Solution Preview

Financial management imperatives. By: Jarousse LA, Hospitals & Health Networks / AHA, 1068-8838, 2010 Jun, Vol. 84, Issue 6

http://www.slideshare.net/DanielAkins/feasibility-study-final-47249111

http://www.hrsa.gov/ruralhealth/pdf/rhcmanual1.pdf

Strategic Initiatives
Create a list of strategic initiatives in regard to financial management. Consider items such as billing, payroll, insurance reimbursement, accounts payable, accounts receivable, grants, and other areas.

The strategic initiatives that must be appropriated toward financial management for the creation of a comprehensive satellite health clinic must avoid the common pitfalls that hospitals endure when building new facilities that include undersizing the facility, underinvesting in infrastructure, and overinvesting in non-revenue-generating space. Financial management will be predicated upon ensuring that credible financial planning is used to access the financial scope, financial budgeting, and schedule controls of the construction of any new facility, which on average costs approximately $1 $1.5 million per bed arc not unusual.

Therefore, PMH, which doesn't have the deep financial resources, or the ability to access significant capital in the debt markets that is required will need to determine how much additional debt the organization can feasibly support. The financial planning team will need to analyze what capital sources are available to fund the project, whether it would be more beneficial to partner with others to create the necessary financial means, and if the projected ...

Solution Summary

Strategic initiatives and summarize assessments are examined.

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