CONTENT:
Health Care Delivery SystemsName:Institution: Introduction Hospitals are part of the most crucial service industry in the economy. These are institutions that happen to play a very delicate social obligation regarding the health of the citizens. Diseases have been around for centuries, and their impacts are devastating to the economy (Slideshare.net, 2014). The ability of the hospitals to adapt and tackle the predicaments of any form ailment in the society directly connects to their financial management abilities. Every other health institution has to have the ability to adapt to the changing economic landscape and make the best out of it. Where the hospitals have managed to come up with the best financial strategies, consecutively there is also the element of effective health care development. The magnitude of proper financial management in any form of health care delivery system is underlined by the fact that health care does not have a margin of error. At the same time the health care delivery can not be late (Cms.gov, 2014). If any of these scenarios happens, fatalities take place and the level of motivation on the medical teams drops. As such, the health care systems have to keep vigil, by continuously learning the changes in the market and adapting, through definitive measures and financial strategies. The approach in this paper is related to understanding the health care delivery with respect to financial management characteristics. As such, the scope will be limited to the management of costs, human resources and revenues collected in the health care systems for the betterment of service delivery.Outline IntroductionHealth care delivery systems Characteristics of health care delivery systemsCost managementRevenue cycleHuman resource management The future of health care delivery systems Conclusion Cost Management Cost management in the health delivery system is an aspect that resonates through all the management processes and is one of the corner stones of pe...