Despite increasing costs for delivery of health services, including staff and supplies, funding has not kept pace with those expenditures

Despite increasing costs for delivery of health services, including staff and supplies, funding has not kept pace with those expenditures. In fact, many health-care professionals and organizations have had their funding cut in recent years. Addressing these shortfalls and often doing more with less is an ongoing problem faced by leaders in health care.

Instructions

1. Read the background information above.
2. Consider one aspect of your current leadership role that is directly impacted by the trend described in the background information. If you are not currently working in a health-care leadership role, develop a plausible scenario based on a past or desirable future role you plan to occupy.’
3. Suggest one specific strategy to mitigate this budgeting challenge of increasing costs despite stagnant or reduced funds. This can include, but is not limited to:
   1. Laying off employees (If layoffs are an option, how do you choose staff to keep or to let go?)
   2. Changing employees from full-time to part-time
   3. Identifying new and/or supplementary funding sources
   4. Creating a new revenue stream
   5. Increasing fees and/or initiating user fees
   6. Reducing the quality of supplies
   7. Discontinuing certain services
   8. Moving to a cheaper or smaller location
   9. Other (Specify and explain)
4. Analyze the pros and cons to this strategy in the context of your workplace. Consider the practicality and sustainability of this strategy.
5. Create a thread on the discussion board for this assignment.
   1. Title your thread. Use a concise title that provides a brief description of the scenario you are examining. (E.g., Staff reduction options for a 20% budget shortfall)
   2. Post a brief description of the scenario, including a clear statement of the problem in economic terms. You can also add any impacts that are related to the concepts you have encountered so far in the course.
   3. Provide at least 2 pros and 2 cons of your proposed strategy.
   4. Outline the trade-offs (if any) of your strategy.
   5. Outline briefly at least 1 strategy for each con to mitigate its effect.

PLEASE GIVE THE WHOLE INFORMATION ABOUT ABOVE MENTIONED QUESTION WITH REFRENCES