BUSI 526 LU Business Cost and Profit Health Centers Discussion
Question Description
I’m working on a business discussion question and need the explanation and answer to help me learn.
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Elaborate on the implications of a Health Services Department moving from a cost center to a profit center. Information discussed must include:
- The difference between a cost and a profit center.
- Decentralization versus centralization within the health service business.
- How the health service department can stick to its historic mission of serving those without insurance and/or those that are historically underserved.
- The implications of having public health professionals that are not permitted to bill or have reimbursable codes.
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