The Six Million Dollar Question: A Guide for Health Care Organizations Struggling with Cash Flow

The Six Million Dollar Question: A Guide for Health Care Organizations Struggling with Cash Flow

by John Cook
Publication Date: 31/05/2018

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Medical providers are among the best trained to talk about uncomfortable problems. Yet when it comes to money, many health organizations fall short. Financial challenges rank No. 1 on the list of hospital CEOs’ top concerns. Studies show 60 percent of hospitals lose money providing patient care. For many hospitals, denial rates for billing claims continue to rise, and managers struggle with cash flow. But while money is an uncomfortable part of doing business, any business, medicine included, needs to be compensated.


Find out how to transform your hospital or healthcare group from having cash flow problems to getting paid on time without complaint — all thanks to a simple idea: What’s the Six Million Dollar Question?


In this book, we look at the steps your organization can take to turn things around. In six short lessons with “bottom line” takeaways, find out how this approach worked for many other hospitals and how you can apply it to yours.

ISBN:
9781370619399
9781370619399
Category:
Management accounting & bookkeeping
Publication Date:
31-05-2018
Language:
English
Publisher:
John Cook
John Cook

John Cook moved from the UK to Tasmania as a boy with his mother at the outbreak of World War II.

John grew up loving the natural environment and being very practical. After serving in the Australian Navy, being a walking-track maintenance worker, operating a mobile x-ray health scanning unit and running service stations, John joined the Australian Lighthouse Service in 1968.

He was a Light Keeper and later Head Keeper at various Tasmanian lights, notably Eddystone Point, Tasman Island and Maatsuyker Island, until 1993. John was also an honorary National Park Ranger.

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