The critical driver of any firm’s financial solvency is usually its ability to generate reasonable levels of profit that can provide for the replacement and growth of capital in the firm

Prior to beginning work on this assignment, review Chapters 4, 5, 6, and 7 from the course textbook, Essentials of Healthcare Finance.

As Cleverley and Cleverley (2018) suggest,

The critical driver of any firm’s financial solvency is usually its ability to generate reasonable levels of profit that can provide for the replacement and growth of capital in the firm. Because profit is simply the difference between revenue and cost, careful attention must be directed at both revenue management and cost control. (p.168)

This week, you are the Chief Financial Officer (CFO) for Shady Valley’s 80-bed skilled nursing facility for long-term care. You are meeting with the healthcare organization’s Chief Executive Officer (CEO) this week to discuss the need to control revenue and factors that influence pricing.

The CEO requests your thoughts concerning these topics. You must also provide cited content to back up/validate your thoughts and suggestions.

Note: Be sure you are not writing in first person. Check the First vs. Third PersonLinks to an external site. for guidance.

In your paper,

• Explain three major ways healthcare providers can control their revenue function.
• Define how market structure and capital intensity can influence pricing.
• Discuss how a healthcare organization’s financial information justifies healthcare firm prices.
• Outline the importance of health plan contract negotiation for revenue management and budgeting purposes.

The Revenue Determination and Pricing paper,

• must be three to five double-spaced pages in length (not including title and references pages) and formatted according to APA StyleLinks to an external site. as outlined in the Writing Center’s APA Formatting for Microsoft WordLinks to an external site. resource.
• must include a separate title page with the following in title case:
  • title of paper in bold font
    • Space should appear between the title and the rest of the information on the title page.
  • student’s name
  • name of institution (The University of Arizona Global Campus)
  • course name and number
  • instructor’s name
  • due date
• must utilize academic voice. Check the Academic VoiceLinks to an external site. resource for additional guidance.
• must not write in the first person in formal APA papers. Check the First vs. Third PersonLinks to an external site. for guidance.
• must include an introduction and conclusion paragraph.
  • Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
  • For assistance on writing Introductions & ConclusionsLinks to an external site. and Writing a Thesis StatementLinks to an external site., refer to the Writing Center resources.
• must use at least three scholarly or peer-reviewed sources published in the last five years in addition to the course text.
  • The Scholarly, Peer-Reviewed, and Other Credible SourcesLinks to an external site. table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source.
  • To assist you in completing the research required for this assignment, review this Quick and Easy Library ResearchLinks to an external site. tutorial, which introduces the University of Arizona Global Campus Library and the research process, and provides some library search tips.