Managed care organizations (MCOs) expend the majority of their time with administrative activities such claims administration, authorizations, and customer service issues. Read the Zimlich (2016) article, “Nine Ways MCOs can cut administrative costs.”(https://www.managedhealthcareexecutive.com/view/nine-ways-mcos-can-cut-administrative-costs
Among the nine ideas, which four do you think show the great promise?
What would be some of the pros and cons of implementing these changes from an operational standpoint?
What would be some of the implications for the governance responsibilities of managed care organizations (MCOs)?
Prepare a four-column chart: Column 1 should list the four selected ideas from the article; Column 2 should list the pros; Column 3 should list the cons; and Column 4 should list implications for governance responsibilities.
Idea
Pros
Cons
Governance
Be sure to include citations in the body of the table and to include sources on the reference list.
Your assignment should meet the following requirements:
Include a table of 1 to 2 pages
Include a title page and reference page, for a total of 3-4 pages.
Be formatted according to the CSU-Global Guide to Writing and APA (Links to an external site.).
Cite at least two credible sources, published within the last five years, in addition to the course textbook. The CSU-Global Library is a good place to find these references.
