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You are a senior hospital administrator. Currently, you are being paid $15,000 (prospectively, for an episode of care) by Aetna (a private insurer) for every
You are a senior hospital administrator. Currently, you are being paid $15,000 (prospectively, for an episode of care) by Aetna (a private insurer) for every knee replacement surgery. You have just looked at the balance sheet and realize you are losing money on these. What possible strategy (ies) could you suggest to address the problem?
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If the hospital is losing money on knee replacement surgeries despite being paid 15000 per episode of care by Aetna here are some possible strategies ...
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Management Accounting Information for Decision-Making and Strategy Execution
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
6th Edition
137024975, 978-0137024971
