What specific knowledge of financial management in health care organizations that you gained through this class...

What specific knowledge of financial management in health care organizations that you gained through this class experience, will be most important as you take on your future nurse-executive role?

Expert Solution

Financial management in health care organization helps in providing quality service for patients.

1. Few of the key things to learn is financial risk mangemnet, future investment in new techniques for betterment of patient by understanding the requirements of healthcare sector, Planning and executions of new ideas that is beneficial in long term for patients, maintaing good work ethics and team management.

2. Investment in new research like working in a area to diagnose early stage cancers, genetic disorders that is less understood will be beneficial for future understanding of the disorder and also patients will be benefited as research and development will help to come up with better solutions in future.

3. Helping patients with healthcare plans that can reduce their cost investment in treatments plans. Having collaberations with health insurance agency will benefit patient to get quality service in less money investment.

Nightingale answered 2 years ago

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