Financial Management As A Whole For A Healthcare Organization

845 Words4 Pages
How do you see the various aspects of financial management as a whole for a healthcare organization? For example, how does one’s perspective influence decision making or how does the financial management relate to the organizational mission?
Each aspect plays a role, as financial management as a whole impacts the health care organization in a significant way. An example (that ties to evidence) of a primary component is the model analysis of the insurance system that affects the health budgeting spending on a statewide level. Further elaborating, the insurance system affects the input and output of the external categorization of the practical approach for a health care organization to utilize their primary care towards patients. Thus, as a result the aspects shift according to model process. Additionally, one’s perspective plays an important role in influencing decision-making in regards to financial management for healthcare. This is because the individual plays a primary role in the performance and internal indicators of the direction of the organizational mission; thus their output affects the organization’s advancement.
How has your perspective changed about the financial health of the health care organization in which you are currently working or would like to be employed?
The perspective changed considerably in a positive, and insightful manner. This course taught vast concepts which prepared thyself for the financial aspect of health care in a knowledgeable matter.

More about Financial Management As A Whole For A Healthcare Organization

Get Access