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Review the attached file and Follow the instruction.

Review the attached file and Follow the instruction.
Please answer the following 5 Discussion posts. Please check spelling and grammar. Cite your work. 1-Carlee’s post Our future in healthcare unpredictable which, in turn, ensures that financial management and management functions will continue to be as important as they are today. They will help businesses stay in business and be successful. This will also allow businesses accomplish their purpose by providing critical information and allowing them to be sustainable. Whether the business is for-profit or not-for-profit, financial management can help these businesses reach the goals that they may set for their business. When healthcare businesses have better financial management, they are able to provide better healthcare because supplies are generally readily available always, there are resources for patients and employees which can allow for better quality of care.  2-Wei’s post The most important objective and goal of financial management for any healthcare organization is to account for and generate income. Through management functions such as planning, organizing, staffing, influencing and controlling, healthcare organizations can reduce financial risks and make better decisions about where to allocate and invest their resources, which can positively impact efficiency and quality of care for patients. As our textbook stated, “Many observers say that financial management is the most important predictor of whether healthcare organizations will survive in the current competitive climate and beyond.”  With that in mind, one can predict that financial management and the management functions will continue to play an integral role as health care changes in the future.    Reference Nowicki, M. (2017). Introduction to the Financial Management of Healthcare organizations (8th ed.). Health Administration Press. 3-Professor’s Post (question for me) Thank you for your response Genesis, You mention technology and growth of global healthcare market as being part of the future. Another question: Why should financial managers be concerned with quality initiatives in the healthcare organization? John 4-Erika’s post The organizational models that attempt to integrate patient care is Integrated delivery system, Physician-hospital organization, and accountable care organization.  Nowicki states “The integrated delivery system is an organized group of healthcare providers capable of delivering a continuum of care to a defined population while accepting clinical and financial responsibility.  The Physician-hospital organization is a joint venture between hospitals and their medical staffs to accomplish the purposes of an integrated delivery system.  Accountable care organization is an organized group of physicians, hospitals, and other providers formally recognized by CMS to provide coordinated care to a defined population of Medicare patients.”  There are some similarities amongst all three which includes the discussion of the continuity of care.  The difference between them is who will accept the financial responsibility.  With Physician hospital organization, it is owned jointly between the hospital and physicians.  The Integrated Delivery Network offers multiple providers that can help care for patients in the same network.  This helps prevent a loss of revenue for out-of-network claims.  The Accountable care organization focuses on Medicare and Medicaid claims.   5-Madison’s post I would describe a specific organizational model that attempts to integrate patient care as a utilitarianism model. Per Nowicki utilitarianism is the idea of creating the “greatest good for the greatest number.” This includes anyone affected by the organizational model, therefore, patients as well. Organizations like the Joint Commission run off the idea of Utilitarianism because they want to ensure that all healthcare organizations give the best opportunity for the best care for each patient. By using an integrated delivery system (IDS), patients are never without continuous care regardless of financial availability. The difference between these two types of organizational models is that one offers continuous, round-the-clock care and the other ensures that patients are getting the best of the best as far as equipment, safety measures and cleanliness.    Nowicki, M. (2021). Introduction to the Financial Management of Healthcare Organizations (8th ed.). Health Administration Press. https://online.vitalsource.com/books/9781640552784

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