BUSI 526 LU Business Cost and Profit Health Centers Discussion

I’m working on a business discussion question and need the explanation and answer to help me learn.

Elaborate on the implications of a Health Services Department moving from a cost center to a profit center. Information discussed must include:

1. The difference between a cost and a profit center.
2. Decentralization versus centralization within the health service business.
3. How the health service department can stick to its historic mission of serving those without insurance and/or those that are historically underserved.
4. The implications of having public health professionals that are not permitted to bill or have reimbursable codes.