Financial Management and Value-Based Reimbursement

Financial Management and Value-Based Reimbursement

Review Chapters 1 and 27 of Baker’s Health Care Finance: Basic Tools for Nonfinancial Managers, and conduct your own independent research to address the following:

• Discuss the four elements of financial management.
• Evaluate the role of financial management in the health care environment and explain its importance to health care administrators and value-based reimbursement.
• Explain the Hospital Value-Based Purchasing Program.

Remember to use citations and references as appropriate. Your report must follow APA style and formatting guidelines.