Bus 681 week 3 assignment
2. Pursue partnerships with community organizations: Organizations can partner with local groups or foundations to leverage resources and receive financial support. This could include setting up scholarships for low-income patients or partnering with food banks to provide meals for those in need.
3. Reduce administrative costs: Organizations can look at ways to cut back on unnecessary administrative expenses such as excessive staffing levels, inefficient scheduling systems, or overpriced supplies. They can also look at ways to negotiate better rates with healthcare vendors and suppliers in order to save money on necessary items like medications or medical equipment.