Discussion Topic: Discuss: Constructing & Evaluating Budgets Discuss: Constructing & Evaluating Budgets

October 31, 2024October 31, 2024 Discipline: Business and Management

  1. Please compare and contrast the following concepts: 

a. Data Analytics 

b. Healthcare Analytics 

c. Big Data 

d. Data Mining  

      2. You have been assigned the task
of creating a strategic financial plan for your hospital. Please offer a
step-by-step plan for how you would create this plan.  (Hint: Who would
you need to speak with? What documents might you need? How would you
begin, and what would the “process” be to get you to the end? 

      3. Please compare and contrast the
concepts of “fee for service” and “value-based care” in healthcare. What
are they? Why are they important?  

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