Can you help me understand this Health & Medical question?
Answer each question separately with 150-400 words
1. The health care organization you are an administrator for is seeing a continual drop in operating income for the last 5 years. What steps would you take to analyze the situation in order to develop a strategic plan to address the drop in operating income? Remember that operating income considers both revenue and expenses.
2. Explain the effects that inflation can have on a health care organization and how it should be accounted for in terms of financial and strategic planning.