IHP 450 Module Four Journal Rubric
Prompt: Your expertise in healthcare finance has attracted the attention of some of the newer employees in your organization. Wanting to become managers
someday, they have asked you to share some of what you know in the online journal that serves as the company’s knowledge-sharing portal. Create a journal
assignment in which you respond to these specific topics from your colleagues:
Describe the ways in which financial statements, financial calculations, and working capital are used in the organizational budget process
Identify the main objective of managing cash flows
Explain why financial leaders are concerned about having cash on hand
Identify the three factors that set the healthcare industry apart from most other industries with regard to accounts receivable
Explain the ways in which trends within Medicare, Medicaid, and third-party payers affect working capital and the cost elements associated with the
revenue cycle
Critical Elements Proficient (100%) Needs Improvement (55%) Not Evident (0%) Value
Uses of Financial
Statements,
Financial
Calculations, and
Working Capital
Assignment accurately describes
the primary ways in which
financial statements, financial
calculations, and working capital
are used in the organizational
budget process
Assignment is missing some
important ways in which financial
statements, financial calculations,
or working capital are used in the
organizational budget process, or
some descriptions are inaccurate
Assignment does not describe
the primary ways in which
financial statements, financial
calculations, and working capital
are used in the organizational
budget process
22
Objective of
Managing Cash
Flow
Assignment accurately identifies
the main objective of managing
cash flows
Assignment does not accurately
identify the main objective of
managing cash flows
12
Concern about
Cash on Hand
Assignment accurately explains
why financial leaders are
concerned about having cash on
hand
Explanation as to why financial
leaders are concerned about
having cash on hand is
incomplete or inaccurate in
important respects
Assignment does not explain why
financial leaders are concerned
about having cash on hand
22
Factors that Set
the Healthcare
Industry Apart
Assignment accurately identifies
all of the factors that set the
healthcare industry apart from
most other industries with regard
to accounts receivable
Identification of the factors that
set the healthcare industry apart
from most other industries with
regard to accounts receivable is
incomplete or inaccurate in
important respects
Assignment does not identify the
factors that set the healthcare
industry apart from most other
industries with regard to
accounts receivable
22
Effects of Trends
within Medicare,
Medicaid, and
Third-Party
Payers
Assignment accurately explains
the ways in which trends ...
IHP 450 Module Four Journal Rubric Prompt Your expe.docx
1. IHP 450 Module Four Journal Rubric
Prompt: Your expertise in healthcare finance has attracted the
attention of some of the newer employees in your organization.
Wanting to become managers
someday, they have asked you to share some of what you know
in the online journal that serves as the company’s knowledge-
sharing portal. Create a journal
assignment in which you respond to these specific topics from
your colleagues:
Describe the ways in which financial statements, financial
calculations, and working capital are used in the organizational
budget process
Identify the main objective of managing cash flows
Explain why financial leaders are concerned about having cash
on hand
Identify the three factors that set the healthcare industry apart
from most other industries with regard to accounts receivable
Explain the ways in which trends within Medicare, Medicaid,
and third-party payers affect working capital and the cost
elements associated with the
revenue cycle
Critical Elements Proficient (100%) Needs Improvement (55%)
Not Evident (0%) Value
Uses of Financial
2. Statements,
Financial
Calculations, and
Working Capital
Assignment accurately describes
the primary ways in which
financial statements, financial
calculations, and working capital
are used in the organizational
budget process
Assignment is missing some
important ways in which financial
statements, financial calculations,
or working capital are used in the
organizational budget process, or
some descriptions are inaccurate
Assignment does not describe
the primary ways in which
financial statements, financial
calculations, and working capital
are used in the organizational
budget process
22
Objective of
Managing Cash
Flow
Assignment accurately identifies
3. the main objective of managing
cash flows
Assignment does not accurately
identify the main objective of
managing cash flows
12
Concern about
Cash on Hand
Assignment accurately explains
why financial leaders are
concerned about having cash on
hand
Explanation as to why financial
leaders are concerned about
having cash on hand is
incomplete or inaccurate in
important respects
Assignment does not explain why
financial leaders are concerned
about having cash on hand
22
Factors that Set
the Healthcare
Industry Apart
Assignment accurately identifies
all of the factors that set the
healthcare industry apart from
4. most other industries with regard
to accounts receivable
Identification of the factors that
set the healthcare industry apart
from most other industries with
regard to accounts receivable is
incomplete or inaccurate in
important respects
Assignment does not identify the
factors that set the healthcare
industry apart from most other
industries with regard to
accounts receivable
22
Effects of Trends
within Medicare,
Medicaid, and
Third-Party
Payers
Assignment accurately explains
the ways in which trends within
Medicare, Medicaid, and third-
party payers affect working
capital and the cost elements
associated with the revenue cycle
5. Assignment is missing some
important ways in which trends
within Medicare, Medicaid,
and/or third-party payers affect
working capital and the cost
elements associated with the
revenue cycle, or some of the
explanations are inaccurate
Assignment does not explain
ways in which trends within
Medicare, Medicaid, and third-
party payers affect working
capital or the cost elements
associated with the revenue cycle
22
Earned Total 100%
Sheet1Mass (kg)radius (m)Small Weight0.02449Small
Aluminum0.00350.2511tangetial
velocityMoment of inertia"Mathematical" for ICylinderMass
(kg)radius (m)Runstime (Hz)time (every 2s)Average
(first 5 runs)Standard Deviation of the meanvt
(m/s)ωαacceleration (m^2/s)torqueIC3 = Small Aluminum
radiusSteel1.360.6371621.0333333334.181.5489375090.008360.
01312401880.02060285530.01312401880.01136960.551845840.
27603325964427.366666667224045849.7333333333100.166666
66673475.7833333334270.453886.4666666675240.43846.46811
.354657.757911.5166666674767.933333333tangetial
velocityMoment of inertia"Mathematical" for IMass (kg)radius
(m)Runstime (Hz)time (every 2s)Average
(first 5 runs)Standard Deviation of the meanvt
7. various spark points. 3) Turn off current
to the apparatus before 4) measuring the distances between the
periodic current jumps.
Data
Measured Displacement (Δx in
cm ±1cm)
Time (t in s) Calculated Velocity (v in cm/s
±3cm/s)
Δx1 = 3.0 t1 = 0.03 v1 = 90
Δx2 = 4.1 t2 = 0.07 v2 = 123
Δx3 = 5.2 t3 = 0.10 v3 = 156
Δx4 = 6.3 t4 = 0.13 v4 = 189
Δx5 = 7.4 t5 = 0.17 v5 = 222
Δx6 = 8.4 t6 = 0.20 v6 = 252
Δx7 = 9.5 t7 = 0.23 v7 = 285
Δx8 = 10.6 t8 = 0.27 v8 = 318
Δx9 = 11.7 t9 = 0.30 v9 = 351
Δx10 = 26.6 t10 = 0.37 v10 = 399
Δx11 = 15.0 t11 = 0.40 v11 = 450
Δx12 = 16.2 t12 = 0.43 v12 = 486
8. Analysis
Calculating Instantaneous Velocity
v = Δxx / t
Example:
v1 = Δx1 / t1 = 3.0cm / 0.03s = 90 cm/s
Propagation of error for velocity
Err. = √( (σv/σx * Δx)² + (σv/σt*Δt)² )
= √( (1/30 * 0.1)² + 0² )
= 3cm/s
Linear Regression Analysis
v(t) = (m * t) + b
m = n(Σ(tn * vn)) - (Σtn * Σvn) / n(Σtn²) – (Σtn)² = 970
b = Σvn - mΣtn / n = 58
where Σ(tn * vn) = (t1 * v1) + (t2 * v2) + ... + (tn * vn)
Σtn = t1 + t2 + ... + tn
Σvn = v1 + v2 + ... + vn
Σtn² = t1² + t2² + ... + tn²
v(t) = (970cm/s² * t) + 58cm/s
v = (a * t) + vi
where a = acceleration due to gravity
a = 970cm/s² or 9.70m/s²
0 0.05 0.1 0.15 0.2 0.25 0.3 0.35 0.4 0.45 0.5
9. 0
100
200
300
400
500
600
f(x) = 970.15 x + 58.47
Velocity vs Time
Velocity (cm/s)
Linear (Velocity (cm/s))
Discussion
%error = ( |9.70m/s² - 9.7945m/s²| / 9.7945m/s² ) x100% = (
0.0945m/s² / 9.7945m/s² ) x100% = 1.0%
In this particular experiment there are multiple sources of error.
For one, the pulse machine cannot be
expected to fire at precisely 1/30th of a second every second. In
fact for measurement Δx10 it missed a
pulse. This was compensated for by doubling the amount of
time taken to cover the displacement to
1/15th of a second. Second, the arcs that mark the tape do not
10. occur in a precisely linear fashion because
electricity does not arc in a precisely linear way, which would
have caused the markings that were
measured to be slightly off. Also, air resistance was not taken
into account during the calculations,
which surely slowed the free falling object. Had the experiment
been done in a vacuum and with a
more reliable current pulse machine, I suspect the results would
have improved.
Conclusion
In this experiment we measured acceleration due to gravity
within the lab to be 9.70m/s², which is 1%
below the standard value.