Use the following headings (bold) to organize the content of your project and clearly provide an explanation based upon the interview to each of the following
questions.
Trends and Challenges: What trends and challenges in health care costs have occurred in the past 2-5 years?
Volume Purchasing: How does volume purchasing impact costs of the services
you are responsible for?
Bid Evaluation: How are bids for providing services evaluated?
Problems Identified: What types of problems have been encountered in using
the bid and/or volume purchasing processes?
Billing Factors: What factors figure into the billing that you oversee?
Profit Margins: Is there a specific target profit margin for your agency?
Differences in Payment Methods: Describe the differences in payments for
services depending upon who pays the bill (the individual receiving the services
(private pay), Medicare or Medicaid, or private insurance)?
Financial Concept: Select one concept or idea that arises from the interview to…