Decision Making In Healthcare: Major Areas Of Responsibility
Decision Making
Review the organizational charts presented in your reading materials. The sample organization chart lists major areas of responsibility. Select one area under the CFO and indicate the additional levels of management that would fall under this area.
Think about the positions in the organization that you believe would be directly involved with capital investment decisions and explain why you chose these positions. Choose a health care facility that you are currently working with or one that you would like to work for in the future. This facility will be used throughout the course as you plan your capital investment budget.
Carefully review the Grading Rubric (Links to an external site.)Links to an external site. for the criteria that will be used to evaluate your assignment.
Decision Making in Healthcare
(Student’s name)
Healthcare, Medicine, Nursing
(Institutional affiliation)
Decision Making in Healthcare
The position I chose is internal controls that is controlled by financial personnel, which I will be part of because it will be involved in giving accurate financial information so that investments will accurately be tracked. I believe so because corporate finance covers the planning, acquisition, analysis, and resource management that are all essential to make an investment gain profit. One of the benefits of internal controls is, because of accurate reporting, the process of financial transactions is verified. A healthcare organization that may have served patients for years, have the same goals as a public health agency: to prevent expensive illness by keeping patients healthy (Brumley, 2017). HMOs aim to find the best and most reasonable screening tests so that heart disease and cancer patients can monitor their current state or condition. This shows that medical research is indispensable which means that they need to manage the finances of the organization to maintain this kind of service they give to patients.
The healthcare facility I would like to work for in the future is the 1736 family crisis center because they have been answering to victims of domestic violence, families without homes, unemployed adults and youth, and others (1736 Family Crisis Center, 2017). I chose this facility because they focus on these victims that do not normally seek treatment in a regular hospital because some of them are victims of crime. I want people to realize that they can come to a place where they will be attende...
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