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In the transcripts provided, you are a CFO for a community hospital that is preparing for contract negotiation with its largest nongovernmental payer; North Creek HealthCare. North Creek accounts for
In the transcripts provided, you are a CFO for a community hospital that is preparing for contract negotiation with its largest nongovernmental payer; North Creek HealthCare. North Creek accounts for nearly 30% of all patient-care revenue at the Hospital, and this percentage is growing. When North Creek refuses to increase inpatient payment rates in a manner more consistent with Medicare, the Student must determine both how to negotiate a better outcome and what the risk would be of losing North Creek altogether.
Submit a summation of three things you learned from the scenario. Be sure to do additional research in order to fully explain the concepts you choose to discuss. Your submission should be of graduate quality, in APA format, and fully referenced (a minimum of 3 peer-reviewed references).