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Performance Measures for Fiscal Solvency

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Within health care organizations, numerous performance measures are used to determine fiscal solvency. What are these measures and are these performance measures applied equally across all clinical programs and services?

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This solution discusses numerous performance measures in healthcare.

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Within health care organizations, fiscal solvency occurs with the administrator creating a yearly budget that includes supply and expense projections, equipment projections, and salary projections. In order to determine fiscal solvency, the performance measures that are applied are: a. cost per unit services-determining the cost rate ...

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Carmel Philistin, MBA/HCM
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  • BA, Brooklyn College
  • MBA/HCM, Phoenix University
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