Regardless of where your health care career takes you, finance is an important part of the health care system. Finance might not be your professional calling, though it is important you have a working knowledge of the terminology of finance and the stakeholders in the health care industry.
Complete the Financial Terminology and Stakeholders Worksheet by defining the provided terminology in your own words and describing various stakeholders in the health care payer system.
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Introduction: In the healthcare industry, it is important to have a basic understanding of finance and the stakeholders in the healthcare payer system. As a medical professor, it is important to provide college assignments and answers that will help students develop this understanding. The Financial Terminology and Stakeholders Worksheet is an excellent tool to help students achieve this goal.
Answer: In the Financial Terminology and Stakeholders Worksheet, students are required to define the provided financial terminology in their own words and describe the various stakeholders in the healthcare payer system. This exercise will help students develop a working knowledge of finance and the various stakeholders in the healthcare industry. The skills acquired from this exercise will prepare them for economic decisions as they progress in their health care career.