Question
You are a newly retired family physician. One year after you started your retirement, you and several of your previous physician-colleagues have decided to start
You are a newly retired family physician. One year after you started your retirement, you and several of your previous physician-colleagues have decided to start a new business venture. After much discussion, the decision was made to open an ambulatory center to provide quick outpatient care to patients; similar to the pharmacy/grocery-based care centers popping up around the country. The reason this venture was decided on was because of the poor experiences many of your colleagues have had when visiting area doctors offices. The mission of the new center would be to provide convenient, cost effective, high quality care. A corporation was established with privately held investors (your previous colleagues which make up the corporation's board of directors). The initial plan is to to open the first center in a strip center in a newly flourishing, middle-class, suburban area. There have been several discussions amongst the board of director members as to what reimbursement methods should be accepted by the corporation and those that should not to ensure financial vitality of the center and (let's face it) wealth maximation for the board members. Being that your colleagues have been retired for quite sometime now and are not privy to the current options out there and the future of healthcare, they have asked you to make a list of the top two methods that you feel would support their mission and provide the maximum wealth for the corporation.
For this assignment, you will prepare a 1000 word (or more) memorandum to be sent to the board of directors stating the two methods you support and why. You will need need to provide some background information as to why you think the methods you chose are the best (think healthcare reform and the future of healthcare-some additional research may need to be done). You should also provide possible downfalls to the methods you chose as a disclosure to your colleagues.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started