Managing a healthcare organization through revenue generation and cost control is beneficial for the sustainability of...

Managing a healthcare organization through revenue generation and cost control is beneficial for the sustainability of the organization. “There is a statistically significant relationship between hospital financial performance and quality of care (Dong, G.N., 2015).” Evidence supports the concept that well fiscally managed healthcare organizations deliver better healthcare to patients then organizations that do not. In a few paragraphs, conduct some research to either support or refute this claim.

Expert Solution

There is a strong relationship between the strong financial performance of healthcare unit with the improved patient care quality and the main to element to stand out is the Patient care quality and safety ,that is indicated by many different types of research.

In the research conducted in 108,New York State acute care facilities on the hosipatal financial condition and quality and safety of the hosipatal at the acute care hosipatals indicated that tha performance of financially stable hosipatals have highly reliable patient care system and facilitate the greater resources for quality improvement.

The researches expalin that the improved patient care and financial stability is mainly from the better financial stability of hospitals and they are in better position to allocate greater resources towards improving patient care.They give priority to the patients care quality and quantity.They provide good compensation to the health care staff, doctors and nurses.The main aim of hosipatals is to focus on quantity over quality of the healthcare.

Nightingale answered 2 years ago

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