Crisis management can leave residual effects.
A healthcare organization that once suffered from poor financial performance may fail to correct recovery methods that can cause lingering legal and accounting problems. A crisis management style is prone to creating problems with an organization's debt structure, Medicare and Medicaid payment, tax issues, labor relations, licensing and accreditation, compliance with fraud and abuse rules, and accounting for charity care. After stabilizing a worrisome financial situation, a healthcare organization should conduct an internal audit to ensure that its legal and accounting practices remain above board.
Daniel Freeman Hospitals, Los Angeles, CA.
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D016361:Bankruptcy; D003659:Decision Making, Organizational; D005375:Financial Audit; D005377:Financial Management, Hospital / Q000379:methods*; D005607:Fraud / Q000331:legislation & jurisprudence; D006075:Governing Board / Q000458:organization & administration; D006759:Hospital-Physician Joint Ventures / Q000191:economics; D016365:Liability, Legal; D008006:Licensure, Hospital; D013660:Taxes; D014481:United States