Task: Choose a healthcare organization with which you are familiar and that you will be following closely this session. This should be an organization about which you can obtain financial information. In the case you are unable to access the financial information of your organization you may use the financial information from the Adventist Health System. The annual financial reports are readily available at the following website:
https://www.adventisthealthsystem.com/AnnualReports/tabid/142/Default.aspx
(You should copy this web address into your browser)
Write a 3-4 page paper addressing the following questions:
Question 1. Discuss some general financial information about your organization. Specifically discuss the size, revenue, expenses, assets and liabilities of the organization.
Question 2. Discuss risk contracting arrangements within your organization. Explain the differences between a risk contract and a non-risk contract?
Question 3. Outline some considerations that an organization must address when negotiating a risk contract.
Question 4. Describe ways to reduce the financial risks involved in a risk contracting.