course material

1. Assume you have been working as the Chief Operating Officer (COO) and
Access to care, quality of care, and the cost of care are the top areas that hospitals are
working to improve. The cost of health care and financing health care results in a national
healthcare expenditure and sources of payment must be investigated. Healthcare costs are
also inextricably bound to quality issues and therefore quality initiatives are linked to
healthcare spending.National Health Expenditures (NHE) and trends are reported annually
by the National Center for Health Statistics of the Centers for Disease Control and
Prevention (CDC), the Office of the Actuary, National Health Statistics Group, the U. S.
Department of Health and Human Services (DHHS), and the Centers for Medicare &
Medicaid Services (CMS). The expenditures are reported and tracked over time using a
standard format that identifies both the private and public sources of funds as well as the
objects of expense. Reports are issued annually, two years following closure of the reporting
period. See Table 8-1 in the textbook.In 2014, NHE totaled more than $3.0 trillion, 17.5% of
the Gross Domestic Product (GDP), and that equates to approximately $9,523 person (see
Figure 8-1). There are a number of interrelated factors that contribute to healthcare
expenditures. These include aging population; new drugs and medical and diagnostic
technology; emphasis on specialty medicine; large numbers of uninsured and underinsured;
volume-based reimbursement incentives; and labor intensity.Assume you have been
working as the Chief Operating Officer (COO) and you receive a call from the Chief Financial
Officer (CFO), who requests that the two of you work together on a healthcare spending
project. Your first task is to conduct a PESTLE Analysis. Use Critical Thinking Skills and
Metacognition to research current events in the macro environment. Then, prepare a
Microsoft PowerPoint narrative using a PESTLE Analysis. A PESTLE Analysis identifies
political, economic, social, technological, legal, and environmental factors.Your PESTLE
PowerPoint should follow this format:Slide 1: Cover PageInclude the title of your
presentation, your name, the course number and course title, your professor’s name, and
the date.