Task 1C 158 Organizational Leadership and Interprofessional Team Development Western Governors University

A. Business Practices Modern healthcare is amidst a transformation in to the business sector. As time has progressed healthcare has under gone a transformation to running more like a business that is not only concerned about patients wellbeing and outcomes but also with finances, profit, and sustainable business practices. Healthcare finances are based upon reimbursement, regulatory requirements, and best practices (both medical and business). This transformation is inevitable because for a healthcare facility to continue to keep their doors open and operate, they must look at the financial side of things. One way to that has shown to help improve a...