Question: Once a cost reduction project is chartered, what should be the first step? Question 10 options: 1) Convene a physician advisory board. 2) Identify the
Once a cost reduction project is chartered, what should be the first step? Question 10 options: 1) Convene a physician advisory board. 2) Identify the largest payer and meet with them. 3) Identify key cost drivers and collect cost data related to each fee for service. 4) Inform employees that some staffing reductions will be necessary
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
