C428 Final Paper Financial Resource Management in Healthcare

A1. Fiscally Sustainable Strategies A financially sustainable strategy that can be discussed is switching from a fee-for-service plan to a managed care plan. There are three different types of managed care organizations: • Health Maintenance Organizations (HMOs) • Preferred Provider Organizations (PPOs) • Point-of-Service Plans (POS) HMOs are the most common type of managed care organizations. HMO’s are business engagements between physicians, insurers, and hospitals. HMOs u...

A1. Fiscally Sustainable Strategies A financially sustainable strategy that can be discussed is switching from a fee-for-service plan to a managed care plan. There are three different types of managed care organizations: • Health Maintenance Organizations (HMOs) • Preferred Provider Organizations (PPOs) • Point-of-Service Plans (POS) HMOs are the most common type of managed care organizations. HMO’s are business engagements between physicians, insurers, and hospitals. HMOs u...