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Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
Question 2This committee develops blood usage policies and procedures. It is responsible for monitoring transfusion services and reviewing indications for transfusions, blood ordering practices, each transfusion episode, and transfusion reactions. The committee reports its findings and recommendations to the medical staff executive committee.
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Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
Question 2This committee develops blood usage policies and procedures. It is responsible for monitoring transfusion services and reviewing indications for transfusions, blood ordering practices, each transfusion episode, and transfusion reactions. The committee reports its findings and recommendations to the medical staff executive committee.
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www.hsa525rank.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
HSA 525 RANK Education Your Life / hsa525rank.comkopiko6
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Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
This document contains questions from an HSA 525 final exam and homework assignments. It includes 30 multiple choice questions covering topics like healthcare committees, malpractice, nursing duties, and informed consent. It also provides exercises for analyzing financial statements, revenue management, and contractual allowances for a physician office. The homework assignments involve calculating financial ratios, contracted rates, revenue sources, and grouping revenues by cost center and payer for a health system.
This document contains sample questions from an HSA 525 final exam that cover various topics in healthcare administration including committees, malpractice, informed consent, medical records, and more. It also includes sample homework assignments on financial statement analysis, cost control strategies, and revenue management for a healthcare organization.
This document contains questions from an HSA 525 final exam and homework assignments. It includes 30 multiple choice questions covering topics like healthcare committees, malpractice, nursing duties, and informed consent. It also provides exercises for analyzing healthcare financial statements, revenue sources, and contractual allowances. The homework assignments involve computing financial ratios, contractual allowances, and analyzing revenue sources and cost centers.
HSA 525 RANK Lessons in Excellence-- hsa525rank.comRoelofMerwe113
This document contains questions from an HSA 525 final exam and homework assignments. It includes 30 multiple choice questions covering topics like healthcare committees, malpractice, nursing duties, and informed consent. It also provides exercises for analyzing healthcare financial statements, revenue sources, and contractual allowances. The homework assignments involve computing financial ratios, contractual allowances, and analyzing revenue sources and cost centers.
For more classes visit
www.snaptutorial.com
HSA 520 Final Exam Part 1
Question 1
Computational functions support:
Question 2
An information-inquiring culture has transparent:
For more course tutorials visit
www.tutorialrank.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
Question 2This committee develops blood usage policies and procedures. It is responsible for monitoring transfusion services and reviewing indications for transfusions, blood ordering practices, each transfusion episode, and transfusion reactions. The committee reports its findings and recommendations to the medical staff executive committee.
FOR MORE CLASSES VISIT
www.hsa525rank.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
HSA 525 RANK Education Your Life / hsa525rank.comkopiko6
FOR MORE CLASSES VISIT
www.hsa525rank.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
This document contains questions from an HSA 525 final exam and homework assignments. It includes 30 multiple choice questions covering topics like healthcare committees, malpractice, nursing duties, and informed consent. It also provides exercises for analyzing financial statements, revenue management, and contractual allowances for a physician office. The homework assignments involve calculating financial ratios, contracted rates, revenue sources, and grouping revenues by cost center and payer for a health system.
This document contains sample questions from an HSA 525 final exam that cover various topics in healthcare administration including committees, malpractice, informed consent, medical records, and more. It also includes sample homework assignments on financial statement analysis, cost control strategies, and revenue management for a healthcare organization.
This document contains questions from an HSA 525 final exam and homework assignments. It includes 30 multiple choice questions covering topics like healthcare committees, malpractice, nursing duties, and informed consent. It also provides exercises for analyzing healthcare financial statements, revenue sources, and contractual allowances. The homework assignments involve computing financial ratios, contractual allowances, and analyzing revenue sources and cost centers.
HSA 525 RANK Lessons in Excellence-- hsa525rank.comRoelofMerwe113
This document contains questions from an HSA 525 final exam and homework assignments. It includes 30 multiple choice questions covering topics like healthcare committees, malpractice, nursing duties, and informed consent. It also provides exercises for analyzing healthcare financial statements, revenue sources, and contractual allowances. The homework assignments involve computing financial ratios, contractual allowances, and analyzing revenue sources and cost centers.
For more classes visit
www.snaptutorial.com
HSA 520 Final Exam Part 1
Question 1
Computational functions support:
Question 2
An information-inquiring culture has transparent:
For more classes visit
www.snaptutorial.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
Question 2This committee develops blood usage policies and procedures. It is responsible for monitoring
This document contains 30 multiple choice questions related to health services administration. It covers topics such as committees responsible for drug policies, malpractice liability, informed consent, medical records documentation, and state nurse practice acts. The questions assess understanding of key concepts, laws, and standards within the health administration field.
The assignment asks the student to analyze the financial statements of Universal Health Services or Health Management Associates for three consecutive years. As the newly appointed CFO, the student must identify a key insight about the company's financial health based on the analysis and speculate on how various stakeholders may react. The student must also identify a current industry trend significantly impacting financial performance, discuss the trend's impact, and suggest how to minimize it. Finally, the student must recommend a key strategy to improve financial performance and how to implement it.
HSA 525 RANK Education for Service--hsa525rank.comclaric34
FOR MORE CLASSES VISIT
www.hsa525rank.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
Question 2This committee develops blood usage policies and procedures. It is responsible for monitoring transfusion services and reviewing indications for transfusions, blood ordering practices, each transfusion episode, and transfusion reactions. The committee reports its findings and recommendations
This document contains 20 multiple choice questions related to health services administration. It covers topics like pharmaceutical committees, blood transfusion committees, malpractice liability, duty to warn patients, informed consent, medical records documentation, and nursing practice acts. The questions assess understanding of key concepts, laws, and policies within the healthcare administration field.
For more classes visit
www.snaptutorial.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
Question 2This committee develops blood usage policies and procedures. It is responsible for monitoring transfusion services and reviewing indications for transfusions, blood ordering practices, each transfusion
HSA 525 RANK Become Exceptional--hsa525rank.comannebronte5
FOR MORE CLASSES VISIT
www.hsa525rank.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
FOR MORE CLASSES VISIT
www.hsa525rank.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
The document summarizes the results of a survey and interviews regarding decision making effectiveness across the NHS. It finds that NHS decision making benchmarks below average compared to other organizations, particularly in the speed of decisions. While survey respondents were passionate about the NHS, areas identified for improvement included a lack of clear definition of "value", unclear roles in cross-organization decisions, and tortuous decision processes not adequately informed by the right information. Respondents saw a need for organizational changes across the NHS and within their own organizations to better support decisions focused on best possible value.
Acting as a roadmap through the changes in healthcare and healthcare law that occur almost daily, this presentation uses a case study to illustrate real-world issues and concerns associated with the compensation redesign process, including types of compensation models, service-specific compensation components, legal and contractual issue identification and mitigation, fair market value challenges
This document discusses big data in healthcare and physical therapy. It provides an overview of ATI's use of big data through its large patient outcomes registry, which includes over 800 variables and has been accepted into federal registries. ATI leverages data on patient demographics, referrals, outcomes, satisfaction surveys, and costs to enhance care and outcomes. The challenges of evidence-based medicine in an era of big data are also examined, highlighting the need to reconcile evidence-based and precision approaches through standardized sharing of data.
Both Stark and AKS require that physician contracting rates be negotiated at fair market value. What the regulations lack is clear, tactical advice for determining and documenting FMV. Physician contract compliance can be less of a headache if your organization takes a planned, methodical approach to obtaining and recording payment rates.
Practical and Succinct Solutions to Coding - Select Data, Inc. RachelBuckleySelect
This document discusses challenges facing home health coding and reimbursement accuracy. It covers increasing complexities that challenge reimbursement outcomes, regulatory issues and agency finances. The presentation explores how coding connects to the plan of care and reimbursement. It also looks at potential audits and their impact, as well as readiness for ICD-10. Ensuring accurate coding is important to avoid denials, queries and impacts to payment. Proper documentation and coding are essential to support diagnoses, medical necessity and reimbursement. Auditors are increasing their activity through various programs.
Teladoc provides telemedicine services through its online and mobile platforms, connecting patients with physicians. The analyst is initiating coverage of Teladoc with a HOLD rating, noting the company's dual revenue model of per member per month fees and per visit fees may over monetize the business given low awareness and adoption of telemedicine currently. While telemedicine presents a long term opportunity, the analyst is cautious about Teladoc's ability to meet high expectations for growth and profitability as well as its current premium valuation multiples.
What to Do When There Are Adverse Events and Serious Adverse EventsTrialJoin
Clinical trials are experimental studies where the efficiency and safety of a new drug are being tested. For this reason, patients who decide to participate need to sign an informed consent form which states that they’re aware of the risks and benefits associated with the study drug or investigational product. With all this in mind, it’s expected that as some point, some patients will experience adverse events or even serious adverse events.
At the site level, it’s important to know what to do when this happens. What do you do when a patient experiences an adverse event? What do you do when it’s a serious adverse event? Whose job is it to deal with these cases? Who should report this and to whom? What should the CRA do? What should the PI and coordinator do? All of these questions are crucial in case of such situations.
The document discusses patient experience from a global perspective. It summarizes findings from a survey of 2,000 individuals across 5 countries that show that over 60% believe having a good patient experience is extremely important. The top reasons for its importance are that their health and well-being are important, they want to be treated with respect, and it will influence future healthcare decisions. The survey also found that positive experiences lead to loyalty while negative ones lead to changing doctors or providers. Recommendations from friends and referrals are highly influential in healthcare decision making.
The document discusses incorporating mental health checkups into regular preventative healthcare visits for adolescent patients ages 11-18. It recommends using the Pediatric Symptom Checklist Youth Version (PSC-Y) screening questionnaire to identify issues related to mental illness, suicide risk, and the need for referral to additional services. It provides guidance on administering and scoring the PSC-Y, interpreting the results, conducting follow-up interviews, and making referrals when appropriate. It also discusses relevant reimbursement codes for billing.
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
Question 2This committee develops blood usage policies and procedures. It is responsible for monitoring transfusion services and reviewing indications for transfusions, blood ordering practices, each transfusion episode, and transfusion reactions. The committee reports its findings and recommendations to the medical staff executive committee.
Question 3The probability of malpractice suits against
This document contains sample questions and materials related to an HSA 525 final exam. It includes multiple choice questions on various topics, as well as links and instructions for homework assignments covering financial statement analysis, ratio analysis, budgeting, and other healthcare financial management topics. The materials are intended to help students prepare for the final exam in this course.
This issue features the following pieces:
The Dark Side of Quality
Quality and Other Components of the Value Proposition
What Do Hospitals Want From Anesthesia Groups?
The Physician-Owned Management Services Organization
Should You Apologize for a Poor Outcome?
Thinking of Investing In, or Renting Space In, an ASC?
ICD-10 is the Latest Y2K: The Potential Impact on Provider Revenue
This is from healthcare management classEXERCISE 8 IMPROVEMENT blossomblackbourne
This is from healthcare management class
EXERCISE 8: IMPROVEMENT CASE STUDY
Objective
To practice quality improvement tools by applying them to an improvement effort in an ambulatory care setting.
Instructions
1. Read the following case study.
2. Follow the instructions at the end of the case.
Case Study
Background
You have just been brought in to manage a portfolio of several specialty clinics in a large multi-physician group practice in an academic medical center. The clinics reside in a multi-clinic facility that houses primary care and specialty practices as well as a satellite laboratory and radiology and pharmacy services. The practice provides the following centralized services for each of its clinics: registration, payer interface (e.g., authorization), and billing. The CEO of the practice has asked you to initially devote your attention to Clinic X to improve its efficiency and patient satisfaction.
Access Process
A primary care physician (or member of the office staff), patient, or family member calls the receptionist at Clinic X to request an appointment. If the receptionist is in the middle of helping a patient in person, the caller is asked to hold. The receptionist then asks the caller, “How may I help you?” If the caller is requesting an appointment within the next month, the appointment date and time is made and given verbally to the caller. If the caller asks additional questions, the receptionist provides answers. The caller is then given the toll-free preregistration phone number and asked to preregister before the date of the scheduled appointment. If the requested appointment is beyond a 30-day period, the caller’s name and address are put in a “future file” because physician availability is given only one month in advance. Every month, the receptionist reviews the future file and schedules an appointment for each person on the list, and a confirmation is automatically mailed to the caller.
When a patient preregisters, the financial office is automatically notified and performs the necessary insurance checks and authorizations for the appropriate insurance plan. If the patient does not preregister, when the patient arrives in the clinic on the day of the appointment and checks in with the specialty clinic receptionist, she is asked to first go to the central registration area to register. Any obvious problems with authorization are corrected before the patient returns to the specialty clinic waiting room.
Receptionist’s Point of View
The receptionist has determined that the best way to not inconvenience the caller is to keep her on the phone for as short an amount of time as possible. The receptionist also expresses frustration with the fact that there are too many things to do at once.
Physician’s Point of View
The physician thinks too much of his time is spent on paperwork and chasing down authorizations. The physician senses that appointments are always running behind and that patients are frustrated, n ...
This document discusses hospital readmission rates. It provides background information on hospital readmissions, noting that readmissions result in longer hospital stays and more healthcare resource use. The document then presents three PICOT questions related to reducing hospital readmission rates in elderly patients through various interventions like virtual follow-up, physical follow-up, and effective communication systems. Finally, it provides references in APA style.
For more classes visit
www.snaptutorial.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
Question 2This committee develops blood usage policies and procedures. It is responsible for monitoring
This document contains 30 multiple choice questions related to health services administration. It covers topics such as committees responsible for drug policies, malpractice liability, informed consent, medical records documentation, and state nurse practice acts. The questions assess understanding of key concepts, laws, and standards within the health administration field.
The assignment asks the student to analyze the financial statements of Universal Health Services or Health Management Associates for three consecutive years. As the newly appointed CFO, the student must identify a key insight about the company's financial health based on the analysis and speculate on how various stakeholders may react. The student must also identify a current industry trend significantly impacting financial performance, discuss the trend's impact, and suggest how to minimize it. Finally, the student must recommend a key strategy to improve financial performance and how to implement it.
HSA 525 RANK Education for Service--hsa525rank.comclaric34
FOR MORE CLASSES VISIT
www.hsa525rank.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
Question 2This committee develops blood usage policies and procedures. It is responsible for monitoring transfusion services and reviewing indications for transfusions, blood ordering practices, each transfusion episode, and transfusion reactions. The committee reports its findings and recommendations
This document contains 20 multiple choice questions related to health services administration. It covers topics like pharmaceutical committees, blood transfusion committees, malpractice liability, duty to warn patients, informed consent, medical records documentation, and nursing practice acts. The questions assess understanding of key concepts, laws, and policies within the healthcare administration field.
For more classes visit
www.snaptutorial.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
Question 2This committee develops blood usage policies and procedures. It is responsible for monitoring transfusion services and reviewing indications for transfusions, blood ordering practices, each transfusion
HSA 525 RANK Become Exceptional--hsa525rank.comannebronte5
FOR MORE CLASSES VISIT
www.hsa525rank.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
FOR MORE CLASSES VISIT
www.hsa525rank.com
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
The document summarizes the results of a survey and interviews regarding decision making effectiveness across the NHS. It finds that NHS decision making benchmarks below average compared to other organizations, particularly in the speed of decisions. While survey respondents were passionate about the NHS, areas identified for improvement included a lack of clear definition of "value", unclear roles in cross-organization decisions, and tortuous decision processes not adequately informed by the right information. Respondents saw a need for organizational changes across the NHS and within their own organizations to better support decisions focused on best possible value.
Acting as a roadmap through the changes in healthcare and healthcare law that occur almost daily, this presentation uses a case study to illustrate real-world issues and concerns associated with the compensation redesign process, including types of compensation models, service-specific compensation components, legal and contractual issue identification and mitigation, fair market value challenges
This document discusses big data in healthcare and physical therapy. It provides an overview of ATI's use of big data through its large patient outcomes registry, which includes over 800 variables and has been accepted into federal registries. ATI leverages data on patient demographics, referrals, outcomes, satisfaction surveys, and costs to enhance care and outcomes. The challenges of evidence-based medicine in an era of big data are also examined, highlighting the need to reconcile evidence-based and precision approaches through standardized sharing of data.
Both Stark and AKS require that physician contracting rates be negotiated at fair market value. What the regulations lack is clear, tactical advice for determining and documenting FMV. Physician contract compliance can be less of a headache if your organization takes a planned, methodical approach to obtaining and recording payment rates.
Practical and Succinct Solutions to Coding - Select Data, Inc. RachelBuckleySelect
This document discusses challenges facing home health coding and reimbursement accuracy. It covers increasing complexities that challenge reimbursement outcomes, regulatory issues and agency finances. The presentation explores how coding connects to the plan of care and reimbursement. It also looks at potential audits and their impact, as well as readiness for ICD-10. Ensuring accurate coding is important to avoid denials, queries and impacts to payment. Proper documentation and coding are essential to support diagnoses, medical necessity and reimbursement. Auditors are increasing their activity through various programs.
Teladoc provides telemedicine services through its online and mobile platforms, connecting patients with physicians. The analyst is initiating coverage of Teladoc with a HOLD rating, noting the company's dual revenue model of per member per month fees and per visit fees may over monetize the business given low awareness and adoption of telemedicine currently. While telemedicine presents a long term opportunity, the analyst is cautious about Teladoc's ability to meet high expectations for growth and profitability as well as its current premium valuation multiples.
What to Do When There Are Adverse Events and Serious Adverse EventsTrialJoin
Clinical trials are experimental studies where the efficiency and safety of a new drug are being tested. For this reason, patients who decide to participate need to sign an informed consent form which states that they’re aware of the risks and benefits associated with the study drug or investigational product. With all this in mind, it’s expected that as some point, some patients will experience adverse events or even serious adverse events.
At the site level, it’s important to know what to do when this happens. What do you do when a patient experiences an adverse event? What do you do when it’s a serious adverse event? Whose job is it to deal with these cases? Who should report this and to whom? What should the CRA do? What should the PI and coordinator do? All of these questions are crucial in case of such situations.
The document discusses patient experience from a global perspective. It summarizes findings from a survey of 2,000 individuals across 5 countries that show that over 60% believe having a good patient experience is extremely important. The top reasons for its importance are that their health and well-being are important, they want to be treated with respect, and it will influence future healthcare decisions. The survey also found that positive experiences lead to loyalty while negative ones lead to changing doctors or providers. Recommendations from friends and referrals are highly influential in healthcare decision making.
The document discusses incorporating mental health checkups into regular preventative healthcare visits for adolescent patients ages 11-18. It recommends using the Pediatric Symptom Checklist Youth Version (PSC-Y) screening questionnaire to identify issues related to mental illness, suicide risk, and the need for referral to additional services. It provides guidance on administering and scoring the PSC-Y, interpreting the results, conducting follow-up interviews, and making referrals when appropriate. It also discusses relevant reimbursement codes for billing.
Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs
Question 2This committee develops blood usage policies and procedures. It is responsible for monitoring transfusion services and reviewing indications for transfusions, blood ordering practices, each transfusion episode, and transfusion reactions. The committee reports its findings and recommendations to the medical staff executive committee.
Question 3The probability of malpractice suits against
This document contains sample questions and materials related to an HSA 525 final exam. It includes multiple choice questions on various topics, as well as links and instructions for homework assignments covering financial statement analysis, ratio analysis, budgeting, and other healthcare financial management topics. The materials are intended to help students prepare for the final exam in this course.
This issue features the following pieces:
The Dark Side of Quality
Quality and Other Components of the Value Proposition
What Do Hospitals Want From Anesthesia Groups?
The Physician-Owned Management Services Organization
Should You Apologize for a Poor Outcome?
Thinking of Investing In, or Renting Space In, an ASC?
ICD-10 is the Latest Y2K: The Potential Impact on Provider Revenue
This is from healthcare management classEXERCISE 8 IMPROVEMENT blossomblackbourne
This is from healthcare management class
EXERCISE 8: IMPROVEMENT CASE STUDY
Objective
To practice quality improvement tools by applying them to an improvement effort in an ambulatory care setting.
Instructions
1. Read the following case study.
2. Follow the instructions at the end of the case.
Case Study
Background
You have just been brought in to manage a portfolio of several specialty clinics in a large multi-physician group practice in an academic medical center. The clinics reside in a multi-clinic facility that houses primary care and specialty practices as well as a satellite laboratory and radiology and pharmacy services. The practice provides the following centralized services for each of its clinics: registration, payer interface (e.g., authorization), and billing. The CEO of the practice has asked you to initially devote your attention to Clinic X to improve its efficiency and patient satisfaction.
Access Process
A primary care physician (or member of the office staff), patient, or family member calls the receptionist at Clinic X to request an appointment. If the receptionist is in the middle of helping a patient in person, the caller is asked to hold. The receptionist then asks the caller, “How may I help you?” If the caller is requesting an appointment within the next month, the appointment date and time is made and given verbally to the caller. If the caller asks additional questions, the receptionist provides answers. The caller is then given the toll-free preregistration phone number and asked to preregister before the date of the scheduled appointment. If the requested appointment is beyond a 30-day period, the caller’s name and address are put in a “future file” because physician availability is given only one month in advance. Every month, the receptionist reviews the future file and schedules an appointment for each person on the list, and a confirmation is automatically mailed to the caller.
When a patient preregisters, the financial office is automatically notified and performs the necessary insurance checks and authorizations for the appropriate insurance plan. If the patient does not preregister, when the patient arrives in the clinic on the day of the appointment and checks in with the specialty clinic receptionist, she is asked to first go to the central registration area to register. Any obvious problems with authorization are corrected before the patient returns to the specialty clinic waiting room.
Receptionist’s Point of View
The receptionist has determined that the best way to not inconvenience the caller is to keep her on the phone for as short an amount of time as possible. The receptionist also expresses frustration with the fact that there are too many things to do at once.
Physician’s Point of View
The physician thinks too much of his time is spent on paperwork and chasing down authorizations. The physician senses that appointments are always running behind and that patients are frustrated, n ...
This document discusses hospital readmission rates. It provides background information on hospital readmissions, noting that readmissions result in longer hospital stays and more healthcare resource use. The document then presents three PICOT questions related to reducing hospital readmission rates in elderly patients through various interventions like virtual follow-up, physical follow-up, and effective communication systems. Finally, it provides references in APA style.
The emerging healthcare environment requires expanded patient access while delivering optimal outcomes and cost. As healthcare moves form a fee for service model to alternative delivery and payment models, there are opportunities for physical therapy to revolutionize the delivery of musculoskeletal medicine. Physical therapists are uniquely qualified to spearhead musculoskeletal care through direct access with the potential to improve patient satisfaction and outcomes while limiting unneeded medical care. While this model has been described in the military, there are few descriptions of this PT First approach in the private payer arena. This session will provide the attendee with a multifaceted perspective on the impact of physical therapy in emerging, collaborative healthcare models. Approaches to payers and employers with the business implications will be presented that influence these new models. Key strategies to implement a scalable, best practice model will be discussed including the logistical challenges and corollary solutions in the private arena. We will discus our experience implementing novel delivery models for management of neck, back, shoulder and knee pain. The session will deliver practical solutions to the challenges of implementing, assessing, and adapting a theoretical construct to a working viable program. Finally, the session will discuss how the use of a a large Patient Outcomes Registry and analysis of “big data” can drive best practice and inform development of the program.
The Patient Centered Primary Care Collaborative has been working for years to build evidence and knowledge about how to improve healthcare by providing a medical "home" for each of us - a place where all our records reside, where the staff know us, etc. This April 2010 by Executive Director Edwina Rogers shows the phenomenal range of results they've produced.
The State of Consumer Healthcare: A Study of Patient ExperienceProphet
Providers must deliver a holistic patient experience that extends beyond clinical care interactions. The current state of the patient experience is poor and getting worse according to surveys, with 81% of consumers unsatisfied. While providers see patient experience as important, they overestimate their performance by over 20 percentage points compared to consumer ratings. Improving patient experience can drive operational efficiencies and reduce costs while helping organizations achieve their missions. Providers must take a holistic view of patient experience, empower their staff, and thoughtfully invest in technologies to enhance the experience.
The document proposes transforming Indian healthcare through adopting Agile Scrum practices. It summarizes the current challenges faced by patients and doctors, which include a lack of trust and communication between the two groups. Doctors are influenced by corporate hospitals and pharmaceutical companies to prioritize profits over patient care. The document proposes a nonprofit "Hospital Trust Re-invented" model using Scrum to restore trust. Key Scrum elements like product backlogs, sprints and information radiators would be used. This is hoped to remove monetary influences and improve patient outcomes and satisfaction in Indian healthcare.
What Veterinarians Can Learn From Physician Practice Modelsmjmcgaunn
Veterinarians can learn from physician practice models that aim to gain market share through innovation and niche services. Concierge medicine offers patients enhanced services for an annual retainer fee averaging $10,000. Compensation for veterinarians should balance incentives for individual and team performance with base salaries that increase with experience and responsibilities. Electronic medical records can reduce medical errors and some hospitals have seen a 7.2% lower mortality rate when using health IT.
Running head VENICE FAMILY CLINIC 1VENICE FAMILY CLINIC.docxjenkinsmandie
Running head: VENICE FAMILY CLINIC 1
VENICE FAMILY CLINIC 4
Venice Family Clinic
Introduction
Venice Family Clinic (VFC) is well‐known for giving quality wellbeing services to populaces deprived through a powerful volunteer model. Established in 1970, it has a long history of volunteerism, which has been coordinated into the way of life of the association. There is great leadership involvement in the model just as an internal framework set up to enlist and support volunteer doctors, including clinic space, systems for scheduling patients, and a full‐time volunteer organizer. Additionally, VFC has longstanding relationships with private healthcare facilities in the region.
A department likely to exist within the organization
VFC has a unit that offers psychiatric health services that incorporates counseling, mental services, and psychosocial support identified with the social stress of poverty, homelessness, joblessness, and aggressive behavior at home. Services include emergency intercession just as an individual, family, and group treatment. Albeit, once in a while, challenges make it difficult to pick an ideal setting; it is significant as well, where conceivable, think about privacy. VFC thinks about confidentiality as one of the keys to excellent communication, as the client is probably going to reveal data of a private and sensitive nature (Carroll & Richardson, 2016).
The financial condition of the Clinic
Venice's family clinic financial report of 2012 current liabilities is 3,398, 342, while the total existing assets total up to 9,913,386. Therefore, 2.89 is the current ratio of the clinic. This ratio is somewhat high, which implies, the clinic is not using its financial capabilities resourcefully. The clinic, however, is in a position to meet its short-term financial obligation because it has good liquidity. Conversely, 0.21 is the debt to equity ratio, which means the facility can manage its daily operations without getting help from financiers. At the beginning of the year, net resources remain at 20,690,947, while toward the end of the year, the net resource was 18,876, 692, which suggests that the facility has a net loss of 1,841,255. This clearly shows the medical clinic will experience financial constraints in sustaining its operations. Therefore, the clinic needs to control its cost to avoid losing the money (Carroll & Richardson, 2016).
Healthcare trends likely to affect the Clinic
Today, health care systems are determined to provide a patient-centered treatment, which is a trend brought about due to technology proliferation. Most health centers are integrating technology in their operation, clinical aspects, as well as administrative. As healthcare transform to becoming more goals focused and systemic, they are coming up with approaches and techniques aimed to improve the patient’s experience. Analytics are also involved in helping hospitals foresee future trends and guide decision making.
In Venice Fami.
Chapter 11: Risk Management in
Selected High-Risk Hospital Depts
High Risk Depts. in Hospitals
All clinical depts. in hospitals have potential for risk, but some are greater than others:
Emergency Room
Obstetrics and Neonatology
Surgery and Anesthesia
Diagnostic Imaging
Treat highly vulnerable patients in often chaotic settings where the results of errors can be catastrophic and costly
Emergency Medicine
Which Definition?
AMA – any condition clinically determined to require immediate medical care
Federal Legislation – condition manifested by acute symptoms of sufficient severity that the absence of immediate medical attention could reasonably be expected to result in serious jeopardy to an individual’s health, serious impairment to bodily functions or serious dysfunction of any body organ or part
Clinicians –view emergencies as life-threatening situations
The mere existence of an ER implies a duty to treat any patient who arrives
Emergency Medicine Issues
Emergency Medical Treatment and Active Labor Act (EMTALA)
Pre-hospital services
Dept Capabilities and Staffing
Triage Process
Emergency Medicine Issues
Medical Records Documentation and Consent
Support Services
Departures, Discharges and Transfers
Risk Management
Obstetrics and Neonatology
Lawsuits in this category are usually the most expensive
Advanced technology has improved survival rates for infants but led to increased risks for facilities
Ethical Dilemmas
Standards and Guidelines
Levels of Care
Level 1 – least intensive and designed to treat low-risk mothers and babies
Level 2 – must be able to manage high-risk mothers, high-risk fetuses and small, sick neonates
Level 3 – must be able to monitor and maintain critical functions of mothers and neonates the nurse to patient ratio is more intensive as well
Obstetrics and Neonatology
Obstetrics and Neonatology
Prenatal and Perinatal Care
Intrapartum Period
Delivery
Neonatal Resuscitation and Management
Maternal Exam Post Delivery
Family Attendance Issues
Obstetrics and Neonatology
Medical Record Documentation
Neonatal Services
Infant Transport
Infant Abduction
Surgery and Anesthesia
Surgery and Anesthesia claims are usually co-dependent
Increased number of surgeries performed in outpatient or ambulatory settings with decrease in number of claims
Paid malpractice claims are higher in the outpatient setting
Handout Case Study
10
Surgery and Anesthesia
Negligence and Malpractice
Surgical Services Staff
Preoperative Assessment and Treatment
Intraoperative Risks
Postoperative Recovery
Documentation
Handout Case Study
11
Surgery and Anesthesia
Intraoperative Risks
Sedation and Anesthesia
Wrong Site, Wrong Procedure, Wrong Person
Implants
Retained Foreign Bodies
Patient Burns and Pressure Injuries
Surgical Fires
Handout Case Study
12
Diagnostic Imaging
Creating images of the human body utilizing various methods:
X-rays
Computed tomography (CT)
Interventional radiography
Ultrasound
Magnetic resonance imagine (MR ...
Care Coordination - Northwest Medical Partnerspedenton
This document discusses care coordination in the medical home. It defines care coordination as organizing patient care activities between multiple participants to facilitate appropriate healthcare delivery. Effective care coordination involves numerous participants exchanging information and integrating care activities. The care coordination model aims to deliver the right services, in the right order and setting. Key elements of the model include assuming accountability for coordination, providing patient support, developing relationships and agreements with other providers, and improving connectivity through information sharing.
Deliver a First-Class Patient Experience with Five Financial TacticsHealth Catalyst
Healthcare organizations continually strive to improve each patient’s experience to ensure quality care delivery and qualify for financial reimbursements. Health systems try to optimize the patient experience through traditional methods, including better access and appointment reminders. However, organizations can improve the patient journey and deliver a first-class experience by taking a different approach—by targeting the following five aspects of the billings and collections process, providers can proactively inform patients about their financial expectations and avoid surprise bills:
1. Pricing strategy.
2. Charge description master management.
3. Real-time eligibility verification.
4. Patient cost estimation.
5. Propensity to pay.
A combination of case study and infographic, this piece uses the experience of a specific practice to flesh out both the challenges of the healthcare landscape, and Greenway’s ability to help meet those challenges.
PYA Principal Carol Carden and Senior Manager Angie Caldwell presented “Hot Topics in Physician Compensation” at the Kentucky Society of CPAs (KY CPA) Health Care Conference, May 18, 2016. The presentation explored the latest developments in physician compensation structure, as well as considerations related to stacking compensation elements, the role and impact of quality incentives, the latest in affiliation models, and population health initiatives.
Your cognitive future: How next-gen computing changes the way we live and workIBM in Healthcare
The healthcare industry is undergoing significant change driven by six disruptive forces - rapid digitization, changing consumer expectations, regulatory complexities, increasing healthcare demand, shortage of skilled resources and elevating healthcare costs. To meet the implication of these forces, healthcare organizations must excel in engaging with consumers, discovering new ideas and taking effective decisions
Currently, traditional analytics capabilities are unable to exploit maximum value from the ever increasing data resource constraining organization’s achievements and performance. But cognitive computing has the ability to bridge this gap and can open up fresh opportunities for the healthcare industry. It is already helping healthcare organizations to provide personalized care, effective decisions and more innovative solutions.
Miles Snowden, MD - Prevention, Wellness & Outcomes from a Payer ProspectiveCleveland HeartLab, Inc.
The document discusses prevention, wellness, and outcomes from a payer perspective. It describes Optum, a large health information, technology, and consulting company, and its focus on population health management. Optum serves over 60 million individuals through various services including pharmacy management, health plans, and physician practices. The document outlines Optum's approach to navigating from providing care to managing health through activities like generating new capital, preparing for change, investing in new strategies, and optimizing networks, managing care transitions, investing in home intervention, and expanding chronic disease management.
Proven Steps to Accelerate Star and HEDIS Performance 091714Deb DiCicco
This document summarizes a presentation on improving Star and HEDIS performance measures. It discusses the importance of provider collaboration and focusing on the whole patient. It also outlines how in-home testing can help close gaps in measures by making it more convenient for patients. Specific strategies discussed include distributing test kits to patients, notifying providers and patients of abnormal results, and using Star data to guide care improvement efforts.
This presentation was provided by Steph Pollock of The American Psychological Association’s Journals Program, and Damita Snow, of The American Society of Civil Engineers (ASCE), for the initial session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session One: 'Setting Expectations: a DEIA Primer,' was held June 6, 2024.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
The simplified electron and muon model, Oscillating Spacetime: The Foundation...RitikBhardwaj56
Discover the Simplified Electron and Muon Model: A New Wave-Based Approach to Understanding Particles delves into a groundbreaking theory that presents electrons and muons as rotating soliton waves within oscillating spacetime. Geared towards students, researchers, and science buffs, this book breaks down complex ideas into simple explanations. It covers topics such as electron waves, temporal dynamics, and the implications of this model on particle physics. With clear illustrations and easy-to-follow explanations, readers will gain a new outlook on the universe's fundamental nature.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
Thinking of getting a dog? Be aware that breeds like Pit Bulls, Rottweilers, and German Shepherds can be loyal and dangerous. Proper training and socialization are crucial to preventing aggressive behaviors. Ensure safety by understanding their needs and always supervising interactions. Stay safe, and enjoy your furry friends!
How to Build a Module in Odoo 17 Using the Scaffold MethodCeline George
Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
How to Build a Module in Odoo 17 Using the Scaffold Method
HSA 525 Learn/newtonhelp.com
1. HSA 525 Final Exam Part 1
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Question 1 The committee responsible for developing and/or
approving policies relating to the handling and administration of
drugs
Question 2This committee develops blood usage policies and
procedures. It is responsible for monitoring transfusion services and
reviewing indications for transfusions, blood ordering practices, each
transfusion episode, and transfusion reactions. The committee reports
its findings and recommendations to the medical staff executive
committee.
Question 3The probability of malpractice suits against physicians can
be reduced by
Question 4A psychiatrist owes a duty to warn of his patient’s danger
to a third party if
Question 5When a doctor fails to inform his patient in a timely
manner of a serious condition that turns deadly, fails to refer him to a
specialist, and does no further tests, he can be found negligent by
reason of
Question 6A nurse hired by a patient or the patient’s family to
perform nursing services
Question 7Nurse licensing boards have the authority to suspend or
revoke the license of a nurse who is found to have
2. Question 8 A nurse who fails to follow the doctor’s verbal
orders to watch the patient closely
Question 9A nurse can be found negligent for
Question 10Each state has its own nurse practice act that defines the
practice of
Question 11The Comprehensive Drug Abuse Prevention and Control
Act of 1970
Question 12The Court of Appeals, in the text case Stepp v. Review
Board of the Indiana Employment Security Division, where the
laboratory technician refused to perform chemical examinations on
vials with AIDS warnings, found that
Question 13Practitioners with the most reports filed with the National
Practitioner Data Bank, 2005 report
Question 14Caregivers should be sure to
Question 15Licensing boards have the authority to
Question 16The advantages of computer systems include
Question 17Health care organizations undergoing computerization
must
Question 18Falsification of medical records is grounds for
Question 19Progress notes should describe the patient’s
Question 20The medical record must be
Question 21 The ethical rationale underlying the doctrine
of informed consent is
3. Question 22Although hospitals are not generally responsible for
informing patients as to the risks, benefits and alternatives to specific
procedures, hospitals
Question 23A physician is
Question 24Consent that requires that a patient have a full
understanding of that to which he or she has consented
Question 25Defenses available to defendants who have been sued on
the basis of failure to provide their patients with sufficient
information to make an informed decision include:
Question 26Information reported to the data bank
Question 27A root cause analysis (RCA) is
Question 28Elements of an effective corporate compliance program
include
Question 29Elder abuse is
Question 30Persons in the health care setting who are required to
report child abuse are
===============================================
HSA 525 Final Exam Part 2
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4. Question 1 Patient’s have
Question 2 Mr. Jones has a right to ask a caregiver
Question 3 A patient is responsible for those injuries
resulting from
Question 4 A patient not only has rights but
Question 5 Patients have a right to
Question 6 A service member who is wrongfully
diagnosed with Aids
Question 7 The routine testing of firefighters and
paramedics for the AIDS virus
Question 8 Patients who receive blood from blood donors
that test positive for the HIV virus
Question 9 High risk groups include
Question 10 Information regarding a patient's diagnosis as
being HIV positive must be
Question 11 The ability to make a good decision without
personal biases, fears, and undue influences from others.
Question 12 ________ implies that there is purpose and
mean¬ing to life.
Question 13 ________ implies that a person accepts
differences in others and that one does not expect others to believe,
think, speak, or act as himself or herself.
Question 14 An individual’s view of what is right and wrong
based on life experiences.
Question 15 Standards or codes of conduct established by
the membership of a specific profession.
5. Question 16 Current eugenic sterilization statutes
Question 17 The Supreme Court in H.L. v. Matheson ruled
that it is not an undue burden to require that
Question 18 The premature termination of pregnancy
Question 19Wrongful conception refers to a claim for damages
sustained by the parents of an unexpected child was based on an
allegations that
Question 20 A sterilization for eugenic purposes
Question 21The number of people who will die this year due to the
lack of organ donations is estimated to be
Question 22 The legal mechanism by which a court
declares a person incompetent and appoints a person to act in his/her
best interests
Question 23 The first state to enact the first living will
legislation
Question 24 If a person is comatose and incompetent to
express their right to refuse medical treatment, those appointed to
render their best judgment concerning how the patient would assert
that right would be using the
Question 25 The removal of nasogastric feeding tubes
from a mentally competent patient to legally hasten death is an
example of
Question 26 The basic underlying concept of insurance
is
Question 27 Professional liability policies vary in
Question 28 Sexual assault does not constitute
rendering professional services
6. Question 29 A risk is the possibility that
Question 30 A policy that covers all claims that may
arise out of a policy period
===============================================
HSA 525 Week 1 Discussion 1Financial Management
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"Financial Management" Please respond to the following:
· Suggest one (1) key way in which the role of ethics in
managerial accounting differs from the role of ethics in financial
accounting. Indicate the role that you believe is the most significant
within a health care organization. Provide support for your rationale.
· Create an argument that explains why financial managers
should be concerned with quality initiatives in the health care
organization. Provide at least two (2) specific examples of quality
initiatives in a health care organization with which you are familiar.
===============================================
HSA 525 Week 1to11 All Homework, Assignment, DQ
7. For more course tutorials visit
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HSA 525 Week 4 Assignment 1 Financial Statement Analysis
HSA 525 Week 6 Assignment 2 Using Financial Ratios to Assess
Organizational Performance
HSA 525 Week 10 Assignment 3 Post-Merger Analysis
HSA 525 Week 1 Discussion 1 Financial Management
HSA 525 Week 2 Discussion Inflows and Revenue Management
HSA 525 Week 3 Discussion 1 Cost Control
HSA 525 Week 4 Discussion Inventory Analysis and Optimizing
Staffing
HSA 525 Week 5 Discussion Managed Care Contracting and Ratio
Analysis
8. HSA 525 Week 6 Discussion Using Ratios as Performance Indicators
and Inflation and Health Care Costs
HSA 525 Week 7 Discussion The Budgeting Process and Capital
Investment Decisions
HSA 525 Week 8 Discussion Contract Negotiations and Risks and
Operating Margins
HSA 525 Week 9 Discussion Leasing Equipment
HSA 525 Week 10 Discussion Strategic Planning and Business Plan
HSA 525 Week 11 Discussion Future Developments and Future of
Financial Management
HSA 525 Week 2 Homework 1 Ex 4-1, Ex 4-2, Ex 5-1, Ex 5-2
HSA 525 Week 3 Homework 2 Ex 6-1, Ex 6-2, Ex 7-1, Ex 7-2
HSA 525 Week 4 Homework 3 Ex 8-1, Ex 8-2, Ex 8-3, Ex 8-4, Ex 9-
1, Ex 9-2
9. HSA 525 Week 5 Homework Ex 10-1, 10-2,10-3, Ex 11-1, 11-2, 11-
3, Ex 12-1, 12-2, 12-3, 12-4, 12-5
HSA 525 Week 6 Homework 5 Ex 13-3, 13-4.1, 13-4.2, Ex 14-2, 14-
3
HSA 525 Week 7 Homework 6 Ex 15-1, 15-2, 15-3, and 15-4, Ex16-1
HSA 525 Week 8 Homework 7 Ex 17-1, 17-2, 17-3, Ex 18-1, 18-2,
18-3
HSA 525 Week 9 Homework 8 Ex 20-1, Ex 21-1, 21-2, 21-3
===============================================
HSA 525 Week 2 Discussion Inflows and Revenue
Management
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HSA 525 Week 2 Discussion,
10. “Inflows and Revenue Management” Please respond to the following:
Determine a key difference between a fee-for-service plan and an
episode of care payment plan, and indicate the plan that you believe to
be most advantageous for the majority of patients. Provide support for
your rationale.
* From the scenario, determine one (1) key factor that has a negative
impact on revenue. Recommend a revenue strategy for the
organization in the scenario to improve its revenue cycle
management. Provide support for your recommendation.1-3
===============================================
HSA 525 Week 2 Homework 1 Ex 4-1, Ex 4-2, Ex 5-1, Ex 5-
2
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HSA 525 Week 2 Assignment
Exercise 4–1: Contractual Allowances Assignment Exercise 4–1:
Contractual Allowances Physician Office Revenue for Visit Code
99214 has a full established rate of $72.00. Of ten different payers,
there are nine different contracted rates, as follows: Contracted Payer
Rate FHP $35.70 HPHP 58.85 MC 54.90 UND 60.40 CCN 70.20 MO
70.75 CGN 10.00 PRU 54.90 PHCS 50.00 ANA 45.00 Rates for
illustration only. Required 1. Set up a worksheet with four columns:
11. Payer, Full Rate, Contracted Rate, and Contractual Allowance. 2. For
each payer, enter the full rate and the contracted rate. 3. For each
payer, compute the contractual allowance. The first payer has been
computed below: Full Contracted Contractual Payer Rate (less) Rate
= Allowance FHP $72.00 $35.70 $36.30
Assignment Exercise 4–2: Revenue Sources and Grouping Revenue
The Metropolis Health System has revenue sources from operations,
donations, and interest income. The revenue from operations is
primarily received for services. MHS groups its rev-enue first by cost
center. Within each cost center the services revenue is then grouped
by payer. Required 1. Set up a worksheet with individual columns
across the top for six revenue sources (pay-ers): Medicare, Medicaid,
Other Public Programs, Patients, Commercial Insurance, and
Managed Care Contracts. 2. Certain situations concerning the
Intensive Care Unit and the Laboratory are described below. Set up
six vertical line items on your worksheet, numbered (1) through (6).
Six situa-tions are described below. For each of the six situations,
indicate its number (1 through 6) and enter the appropriate cost center
(either Intensive Care Unit or Laboratory). Then place an X in the
column(s) that represents the correct revenue source(s) for the item.
The six situations are as follows: (1) ICU stay billed to employee’s
insurance program. (2) Lab test paid for by an individual. (3)
Pathology work performed for the state. (4) ICU stay billed to
member’s health plan. (5) ICU stay billed for Medicare beneficiary.
(6) Series of allergy tests run for eligible Medicaid beneficiary.
Assignment Exercise 5–1: Grouping Expenses by Cost Center The
Metropolis Health System’s Rehabilitation and Wellness Center
offers outpatient therapy and return-to-work services plus cardiac and
pulmonary rehabilitation to get people back to a normal way of living.
The Rehabilitation and Wellness Center expenses include the
following: • Nursing Salaries • Physical Therapist Supplies • Physical
Therapist Salaries • Occupational Therapist Supplies • Occupational
12. Therapist Salaries • Cardiac Rehab Supplies • Cardiac Rehab Salaries
• Pulmonary Rehab Supplies • Pulmonary Rehab Salaries • Training
Supplies • Patient Education Coordinator Salary • Clerical Office
Supplies • Nursing Supplies • Employee Education Required 1.
Decide how many cost centers should be used for the above expenses
at the Center. 2. Set up a worksheet with individual columns across
the top for the cost centers you have chosen. 3. For each of the
expenses listed above, indicate to which of your cost centers it should
be assigned.
Assignment Exercise 5–2 Required Find a listing of expenses by
diagnosis or by procedure. The source of the list can be internal
(within a health care facility of some type) or external (such as a
published article, report, or survey). Comment upon whether you
believe the expense grouping used is appropriate. Would you have
grouped the expenses in another way?
===============================================
HSA 525 Week 3 Discussion 1 Cost Control
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HSA 525 Week 3 Discussion,
“Cost Control” Please respond to the following:
13. Use the Internet or Strayer Databases to research “cost escalation”
within the health care segment. Next, determine one (1) key driver of
health care cost escalation. Indicate one (1) strategy health care
managers can implement to reduce costs in the future. Provide support
for your rationale.
Assume that you are a financial administrator of a hospital, and you
are responsible for reducing costs (e.g., fixed, variable, semi-fixed,
etc.) for the facility. Determine the most significant cost within the
hospital, and recommend a strategy for reducing this cost 10% over
the next year. Provide support for your strategy.
===============================================
HSA 525 Week 3 Homework 2 Ex 6-1, Ex 6-2, Ex 7-1, Ex 7-
2
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Assignment Exercise 6–1: Allocating Indirect Costs
1. Compute the costs allocated to cost centers “Clerical Salaries,”
“Administrative Salaries,” and “Computer Services” using the new
allocation bases shown below. Use worksheet #1 that replicates the
set up in Table 6–2. Total the new results. The new allocation bases
are:
14. Assignment Exercise 6–2: Responsibility Centers
Choose among the Case Study in Chapter 27, the clinic in Mini-Case
Study 2, or the Metropolis Health System information as contained in
its Case Study and the Appendix that contains its financial statements.
Designate the responsibility centers and the support centers for the
organization selected. Prepare a rationale for the structure you have
designed.
Assignment Exercise 7–1: Analyzing Mixed Costs
Initial Calculations
Assignment Exercise 7–2: Calculating the Contribution Margin
The Mental Health program for the Community Center has just
completed its fiscal year end. The program director determines that
his program has revenue for the year of $1,210,000. He believes his
variable expense amounts to $205,000 and he knows his fixed
expense amounts to $1,100,000.
Compute the contribution margin for the Community Center Mental
Health Program.
What does the result tell you about the program?
===============================================
15. HSA 525 Week 4 Assignment 1 Financial Statement Analysis
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Assignment 1: Financial Statement Analysis
Due Week 4 and worth 200 points
Select one (1) of the following publically traded health care
organizations: Universal Health Services (NYSE: UHS) or Health
Management Associates (NYSE: HMA).
Suppose you are a newly appointed CFO of your chosen health care
organization. One of your first tasks is to conduct an internal financial
analysis of the organization. Conduct a brief financial analysis and
review of the chosen company’s financial statements for at least three
(3) consecutive years. After conducting the analysis, interpret the data
contained within the statements.
Write a three to four (3-4) page paper in which you:
Based on your review of the financial statements, suggest a key
insight about the financial health of the company. Speculate on the
likely reaction to the financial statements from various stakeholder
16. groups (employee, investors, shareholders). Provide support for your
rationale.
Identify the current industry trend that has the most significant impact
on your chosen organization’s financial performance. Indicate the
trend’s impact on the financial performance of the organization. As
the CFO, suggest at least one (1) way that you might minimize the
impact of the trend on the organization.
As the CFO, suggest one (1) key strategy that you might use in order
to improve the financial performance of the organization.
Recommend an approach to implement the suggested strategy.
Provide support for your recommendation.
Use at least four (4) quality academic resources. Note: Wikipedia and
other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12),
with one-inch margins on all sides; citations and references must
follow APA or school-specific format. Check with your professor for
any additional instructions.
Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the date.
The cover page and the reference page are not included in the
required assignment page length.
The specific course learning outcomes associated with this
assignment are:
17. Evaluate the financial statements and the financial position of health
care institutions.
Analyze the role of important financial reporting statements – income
statement, balance sheet, and statement of cash flows – and explain
how they relate to one another and to the underlying sources of data.
Use technology and information resources to research issues in health
financial management.
Write clearly and concisely about health financial management using
proper writing mechanics.
===============================================
HSA 525 Week 4 Discussion Inventory Analysis and
Optimizing Staffing
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HSA 525 Week 4 Discussion,”Inventory Analysis and Optimizing
Staffing”
“Inventory Analysis and Optimizing Staffing” Please respond to the
following:
18. Recommend a strategy for financial administrators to balance the
tension between having inventory on hand when it is needed versus
the carry cost to the organization. Provide support for your
recommendation.
Assume that you are a health care administrator in a hospital, and you
are responsible for staffing levels. Suggest an approach to staffing for
24/7 coverage that optimizes patient care, minimizes cost, and
produces the highest level of employee satisfaction. Provide support
for your rationale.
===============================================
HSA 525 Week 4 Homework 3 Ex 8-1, Ex 8-2, Ex 8-3, Ex 8-
4, Ex 9-1, Ex 9-2
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Assignment Exercise 8–1: FIFO and LIFO Inventory
Use the format in Exhibit 8–1 to compute the ending FIFO inventory
and the cost of goods sold, assuming $90,000 in sales; beginning
inventory 500 units @ $50; purchases of 400 units @ $50; 100 units
@ $65; 400 units @ $85.
Also compute the cost of goods sold percentage of sales.
19. Comment on the difference in outcomes.
Assignment Exercise 8–2: Inventory Turnover
Use the LIFO information in the previous assignment to first compute
the average inventory and then to compute the inventory turnover.
Assignment Exercise 8–3: Depreciation Concept
The laboratory equipment cost $300,000 and has an expected life of 5
years. The salvage value is 5% of cost. No equipment was traded in
on this purchase.
Compute the straight-line depreciation.
Assignment Exercise 8–4: Depreciation
Set up a purchase scenario of your own and compute the depreciation
with and without salvage value.
The neonatal unit equipment cost $60,000, and has an expected life of
5 years, no salvage. Compute the straight line depreciation.
Assignment Exercise 8–5: Depreciation Computation: Units-of-
Service
Using the format in Table 8–A-5, compute units of service
depreciation using the following assumptions:
20. Assignment Exercise 9–1: FTEs to Annualize Staffing
The Metropolis Health System managers are also working on their
budgets for next year. Each manager must annualize his or her
staffing plan, and thus must convert staff net paid days worked to a
factor. Each manager has the MHS worksheet, which shows 9
holidays, 7 sick days, 15 vacation days, and 3 education days,
equaling 34 paid days per year not worked.
Assignment Exercise 9–2: FTEs to Fill a Position
Metropolis Health System (MHS) uses a basic work week of 40 hours
throughout the system. Thus, one full-time employee works 40 hours
per week. MHS also uses a standard 24-hour scheduling system of
three 8-hour shifts. The Director of Nursing needs to compute the
staffing requirements to fill the Operating Room (OR) positions.
Since MHS is a trauma center, the OR is staffed 24 hours a day, 7
days a week. At present, staffing is identical for all 7 days of the
week, although the Director of Nursing is questioning the efficiency
of this method.
===============================================
HSA 525 Week 5 Discussion Managed Care Contracting and
Ratio Analysis
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21. HSA 525 Week 5 Discussion,
“Managed Care Contracting and Ratio Analysis” Please respond to
the following:
From the scenario, interpret the operating indicators used to analyze
the financial performance of the organization. Indicate specific ways
in which this information will help management improve the
performance of the organization. Provide support for your rationale.
Assume that you are a hospital administrator, and one of your
responsibilities is selecting financial ratios to be included on your
management dashboard. Determine the two (2) most critical financial
ratios for you to monitor at your facility, and indicate how each of
these ratios would help you assess the current performance of your
facility. Provide support for your rationale.
===============================================
HSA 525 Week 5 Homework Ex 10-1, 10-2,10-3, Ex 11-1,
11-2, 11-3, Ex 12-1, 12-2, 12-3, 12-4, 12-5
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Assignment Exercise 10–1: Components of Balance Sheet and
Statement of Net Income
22. Identify the following MHS balance sheet components. List the name
of each component and its amount(s) from the appropriate MHS
financial statement.
Current Liabilities
Total Assets
Income from Operations
Accumulated Depreciation
Total Operating Revenue
Current Portion of Long-Term Debt
Interest Income
Inventories
Assignment Exercise 10–2: Components of Balance Sheet and
Income Statement
Refer to the Metropolis Health System (MHS) balance sheet and
statement of revenue and expense in Chapter 28’s MHS Case Study.
Patient accounts receivable of $7,400,000 is shown as net of
$1,300,000 allowance for bad debts (8,700,000 − 1,300,000 =
7,400,000).
What percentage of gross accounts receivable is the allowance for bad
debts?
Assignment Exercise 10–3: Components of Balance Sheet and
Income Statement
23. Refer to the Metropolis Health System (MHS) balance sheet and
statement of revenue and expense in Chapter 28’s MHS Case Study.
Property, plant, and equipment of $19,300,000 is shown as “net,”
meaning net of the reserve for depreciation. If the $19,300,000 is
reduced by $200,000 (meaning the reserve for depreciation has risen),
what happens on the income statement?
If the reserve for depreciation has risen, that is the $19,300,000 is
reduced by $200,000,it would mean that the net income would be
lower. A higher depreciation lowers operating income and this would
be reflected on the income statement.
Assignment Exercise 11–1: Liquidity Ratios
Refer to the Metropolis Health System (MHS) case study in Chapter
28.
Set up a worksheet for the liquidity ratios.
The liquidity ratios are
2. Compute the four liquidity ratios using the Chapter 28 MHS
financial statement
Assignment Exercise 11–2: Solvency Ratios
Refer to the Metropolis Health System (MHS) case study in Chapter
28.
Set up a worksheet for the solvency ratios.
24. 2. Compute the solvency ratios using the Chapter 28 MHS financial
statements
Assignment Exercise 11–3: Profitability Ratios
Refer to the Metropolis Health System (MHS) case study in Chapter
28.
Set up a worksheet for the profitability ratios.
The profitability ratios are: -
Compute the profitability ratios using the Chapter 28 MHS financial
statements
Assignment Exercise 12–1: Unadjusted Rate of Return
Metropolis Health Systems’ Laboratory Director expects to purchase
a new piece of equipment. The assumptions for the transaction are as
follows:
Compute the unadjusted rate of return using the original investment
amount.
Compute the unadjusted rate of return using the average investment
method.
Assignment Exercise 12–2: Finding the Future Value (with a
Compound Interest Table)
Compute how much money will be in the account at the end of four
more years. (Use the compound interest table found in Appendix 12-
B.)
Assignment Exercise 12–3: Finding the Present Value (with a
Present-Value Table)
25. Part 1—Dr. John Whitten is still figuring out his equipment fund.
According to his calculations he needs $250,000 to be accumulated
six years from now. John is now trying to find the present value of the
$250,000. He continues to assume an interest rate of 5%.
Compute the present value of $250,000 accumulated fifteen years
from now. Assume an interest rate of 5%. (Use the Present-Value
Table found in Appendix 12-A at the back of this chapter.)
Part 2—John doesn’t like the answer he gets. What if he can raise the
interest rate to 7%? How much difference would that make?
Compute the present value of $250,000 accumulated fifteen years
from now assuming an interest rate of 7%.
Compare the difference between this amount and the present value at
5%.
Assignment Exercise 12–4: Computing an Internal Rate of Return
Dr. Whitten has decided to purchase equipment that has a cost of
$60,000 and will produce a pretax net cash inflow of $30,000 per year
over its estimated useful life of six years. The equipment will have no
salvage value and will be depreciated by the straight-line method. The
tax rate is 50%. Determine Dr. Whitten’s approximate after-tax
internal rate of return.
26. Assignment Exercise 12–5: Payback Period
Based on the calculations, he should purchase Machine B. It would
take approximately two and a half years (2.4 years) for the investment
made in Machine B to be equal to the amount of cash originally spent
buying the machine. It would take Machine A 3 years to pay back the
money spent to purchase it.
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HSA 525 Week 6 Assignment 2 Using Financial Ratios to
Assess Organizational Performance
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Assignment 2: Using Financial Ratios to Assess Organizational
Performance
Due Week 6 and worth 240 points
Using the financial statements from your selected health care
organization in Assignment 1, develop a financial plan for the next
three (3) years.
Write a four to five (4-5) page paper in which you:
1. Suggest the financial ratio that most financial analysts would use to
evaluate the financial condition of the company. Provide support for
your rationale.
27. 2. Speculate on the organization's ability to meet its financial
obligations as they come due. Provide support for your rationale.
3. Based on your ratio analysis, determine whether the profitability
trends are favorable or unfavorable and explain your rationale.
4. Using financial ratio analysis, predict whether or not the company
will be viable in five (5) years based on its performance over the past
three (3) years. Provide support for your prediction.
5. Use at least two (2) quality academic resources. Note: Wikipedia
and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
• Be typed, double spaced, using Times New Roman font (size 12),
with one-inch margins on all sides; citations and references must
follow APA or school-specific format. Check with your professor for
any additional instructions.
• Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the date.
The cover page and the reference page are not included in the
required assignment page length.
The specific course learning outcomes associated with this
assignment are:
• Evaluate the financial statements and the financial position of health
care institutions.
• Describe the overall planning process and the key components of the
financial plan.
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28. HSA 525 Week 6 Discussion Using Ratios as Performance
Indicators and Inflation and Health Care Costs
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HSA 525 Week 6 Discussion,
“Using Ratios as Performance Indicators and Inflation and Health
Care Costs” Please respond to the following:
Suggest one (1) key financial ratio that a health care administrator
should create a trend analysis for. Suggest one (1) key insight that
may be gained by the administrator in regard to the performance of
the organization. Provide support for your rationale.
Use the Internet or Strayer databases to research the current and
projected inflation rates and the related impact expected on health
care costs. Next, assess the level of importance of one (1) key driver
of the inflation of health care costs. Indicate how this infla
===============================================
HSA 525 Week 6 Homework 5 Ex 13-3, 13-4.1, 13-4.2, Ex
14-2, 14-3
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Assignment Exercise 13–3
As a follow-up to the previous Practice Exercise, new assumptions are
as follows:
1. Your unit’s gross charges for the period to date amount to
$200,000.
2. The uniform gross charge for each procedure in your unit is $100.
3. The unit receives revenue from four major payers. The number of
procedures performed for the period totals 2,000. Of that total, the
number of procedures per payer (stated as a percentage) is as follows:
Payer 1 = 30% Payer 2 = 40% Payer 3 = 20% Payer 4 = 10%
4. The following contractual payment arrangements are in effect for
the current period. The percentage of the gross charge that is currently
paid by each payer is as follows: Payer 1 = 80% [Medicare] Payer 2 =
70% [Commercial managed care plans] Payer 3 = 50% [Medicaid]
Payer 4 = 90% [Self-pay]
Assignment Exercise 13–4.1: Forecast Capacity Levels
Prepare another Infusion Center Capacity Level Forecast as follows:
Assume the same three infusion chairs, but add another nurse for
either four or six hours per day. How would this change the daily
capacity level for number of patients infused per day?
Assignment Exercise 13–4.2
30. Prepare another Infusion Center Capacity Level Forecast as follows:
Increase the number of infusion chairs to four, and add another nurse
for either four or six hours per day. How would this change the daily
capacity level for number of patients infused per day?
Assignment Exercise 14–2: Cumulative Inflation Factor for
Comparable Data
Revise Hospital 2’s projections by applying a cumulative inflation
factor of 5% per year.
Assignment Exercise 14–3
The head of your department is a prominent researcher. A health
research foundation has asked him travel to London to give an
important speech at a conference. He will then travel to Paris to tour a
research facility before returning home. Although his travel expenses
are being funded by the foundation, he will still need to take along
some personal money. Consequently, he asks you to figure the
exchange rates for $500 and for $1,000 in both pounds and euros. He
explains that he is trying to judge the spending power of U.S. dollars
when converted to the other currencies so he can decide how much
personal money to take on the trip.
Assignment Exercise 14–4: The Discovery
The Chief Financial Officer at Sample General Hospital has just
discovered that the hospital’s Chief of the Medical Staff’s son Jason,
a student at the local community college, is paid $100 per week year-
round for grounds maintenance at the hospital’s Outpatient
Center.infla
31. ===============================================
HSA 525 Week 7 Discussion The Budgeting Process and
Capital Investment Decisions
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HSA 525 Week 7 Discussion,
The Budgeting Process and Capital Investment Decisions” Please
respond to the following:
Use the Internet or Strayer databases to research information related
to the budgeting processes within the various types of health care
organizations. Next, determine the most-effective budgeting approach
for a hospital, indicating how this approach can lead to effective
financial management of the facility. Provide support for your
rationale.
Assume that you are an administrator for a hospital, and you need to
acquire a new technology system so that you may comply with
regulatory requirements. Create an argument to be presented to the
leadership team in which you justify the need for your facility to
invest in this new technology. Then indicate the value to the
organization and provide support for your argument.
===============================================
32. HSA 525 Week 7 Homework 6 Ex 15-1, 15-2, 15-3, and 15-4,
Ex16-1
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Assignment Exercise 15–1: Budgeting
Select an organization: either from the Case Studies in Chapters 27–
28 or from one of the Mini-Case Studies in Chapters 29–31.
Required
Using the organization selected, create a budget for the next fiscal
year. Set out the details of all assumptions you needed in order to
build this budget.
Use the “Checklist for Building a Budget” (Exhibit 15–2) and critique
your own budget.
Assignment Exercise 15–2: Budgeting
Find an existing budget from a published source. Detail should be
extensive enough to present a challenge.
Using the existing budget, create a new budget for the next fiscal
year. Set out the details of all the assumptions you needed in order to
build this budget.
33. Use the “Checklist for Building a Budget” (Exhibit 15–2) and critique
your own effort.
Use the “Checklist for Reviewing a Budget” (Exhibit 15–3) and
critique the existing budget.
Assignment Exercise 15–3: Transactions Outside the Operating
Budget
Review Figure 15–2 and the accompanying text.
Metropolis Health System (MHS) has received a wellness grant from
the charitable arm of an area electronics company. The grant will run
for 24 months, beginning at the first of the next fiscal year. Two
therapists and two registered nurses will each be spending half of their
time working on the wellness grant. All four individuals are full-time
employees of MHS. The electronics company has only recently begun
to operate the charitable organization that awarded the grant. While
they have gained all the legal approvals necessary, they have not yet
provided the manuals and instructions for grant transactions that MHS
usually receives when grants are awarded. Consequently, guidance
about separate accounting is not yet forthcoming from the grantor.
Assignment Exercise 15–4: Identified Versus Allocated Costs in
Budgeting
The function I chose from the organizational chart is Finance.
Make up your own organization chart for other employee levels
within the function you have chosen.
34. Now make up another chart that indicates the operating budget costs
you think would be mostly identifiable for the department or unit or
division you have chosen and what other operating budget costs you
think would be mostly allocated to it.
Assignment Exercise 16–1: Capital Expenditure Proposals
Ted Jones, the Surgery Unit Director, is about to choose his strategy
for creating a capital expenditure funding proposal for the coming
year. Ted’s unit needs more room. The Surgery Unit is running at
over 90% capacity. In addition, a prominent cardiology surgeon on
staff at the hospital wants to create a new cardiac surgery program
that would require extensive funding for more space and for new
state-of-the-art equipment. The surgeon has been campaigning with
the hospital board members.
===============================================
HSA 525 Week 8 Discussion Contract Negotiations and Risks
and Operating Margins
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HSA 525 Week 8 Discussion,
35. “Contract Negotiations and Risks and Operating Margins” Please
respond to the following:
In the scenario, the contract negotiations between North Creek
Healthcare and the community hospital concluded with an agreement
on non-financial (legal) terms. Suggest the most critical element of
the contract and the impact to the short-term and long-term
operational strategy of a community hospital. Indicate the potential
implications to the hospital’s financial targets.
Imagine you work for a hospital where the operating margins have
been consistently below national norms for the past three (3) years.
Discuss one (1) key driver of the below average performance. Suggest
one (1) strategy to improve the future management of the driver that
you’ve discussed
===============================================
HSA 525 Week 8 Homework 7 Ex 17-1, 17-2, 17-3, Ex 18-1,
18-2, 18-3
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Assignment Exercise 17–1: Variance Analysis
36. Greenview Hospital operated at 120% of normal capacity in two of its
departments during the year. It operated 120% times 20,000 normal
capacity direct labor nursing hours in routine services and it operated
120% times 20,000 normal capacity equipment hours in the
laboratory. The lab allocates overhead
Set up a worksheet for applied overhead costs and volume variance
with a column for Routine Services Nursing and a second column for
Laboratory.
Set up a worksheet for actual overhead costs and budget variance with
a column for Routine Services Nursing and a second column for
Laboratory
Set up a worksheet for volume variance and budget variance totaling
net variance with a column for Routine Services Nursing and a second
column for Laboratory.
Assignment Exercise 17–2: Three-Level Revenue Forecast
Assumptions: for the base level (most likely) revenue forecast,
assume $200 per procedure times 4 procedures per day times 5 days’
equals 20 procedures per week times 50 weeks per year equals 1,000
potential procedures per year.
For the best case revenue forecast, assume an increase in volume of
one procedure per day average, for an annual increase of 250
procedures (5 days per week times 50 weeks equals 250). (The best
case is if the practice gains a particular managed care contract.)
For the worst case revenue forecast, assume a decrease in volume of 2
procedures per day average, for an annual decrease of 500 procedures.
(The worst case is if the practice loses a major payer.)
37. Audiologists were designated as “eligible for physician and other
prescriber incentives” as discussed elsewhere. Thus the new service
line was a logical move.
Assignment Exercise 17–3: Target Operating Income
Acme Medical Supply Company desires a target operating income
amount of $100,000, with assumption inputs as follows:
• Desired (target) operating income amount = $100,000
• Unit price for sales = $80
• Variable cost per unit = $60
• Total fixed cost = $60,000
Compute the required revenue to achieve the target operating income
and compute a contribution income statement to prove the totals.
Assignment Exercise 18–1: Estimate of Loss
You are the practice manager for a four-physician office. You arrive
on Monday morning to find the entire office suite flooded from
overhead sprinklers that malfunctioned over the weekend. Water
stands ankle-deep everywhere. The computers are fried and the
contents of all the filing cabinets are soaked. Your own office, where
most of the records were stored, has the worst damage.
Assignment Exercise 18–2: Estimate of Replacement Cost
The landlord carries contents insurance that should cover the damage
to the furnishings, equipment, and to the computers, and the insurance
company adjuster will come tomorrow to assess the furnishings and
38. equipment damage. However, your boss is sure that the insurance
settlement will not cover replacement costs. Consequently, you have
been instructed to prepare an estimate of what has been lost and/or
damaged plus an estimate of what the replacement cost might be.
How would you go about it? What would your summary of these
losses look like?
Assignment Exercise 18–3: Benchmarking
Review the chapter text about benchmarking.
Required
Select an organization: either from the Case Studies in Chapters 27–
28 or from one of the Mini-Case Studies in Chapters 29–31.
Prepare a list of measures that could be benchmarked for this
organization. Comment on why these items are important for
benchmarking purposes.
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HSA 525 Week 9 Discussion Leasing Equipment
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39. HSA 525 Week 9 Discussion,
“Leasing Equipment” Please respond to the following:
Suggest one (1) key economic factor that motivates leasing as an
option in acquiring an asset. Explain the potential asymmetries that
may exist where leasing may be beneficial to both the lessors and the
lessee.
Determine one (1) significant benefit to an organization that decides
to lease an asset that conventional lease analysis evaluation reveals
has a negative Net Advantage to Leasing (NAL). Provide a real-life
scenario that supports your answer.
===============================================
HSA 525 Week 9 Homework 8 Ex 20-1, Ex 21-1, 21-2, 21-3
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Assignment Exercise 20–1: Financial Statement Capital Structures
Required
Find three different financial statements that have varying capital
structures. Write a paragraph about each that explains the debt-equity
40. relationship and that computes the percentage of debt and the
percentage of equity represented.
Also note whether the percentage of annual interest on debt is
revealed in the notes to the financial statements. If so, do you believe
the interest rate is fair and equitable? Why
Assignment Exercise 21–1: Cost of Owning and Cost of Leasing
Using the appropriate table from the Chapter 12 Appendices, record
the present-value factor at 10% for each year and compute the
present-value cost of owning and the present value of leasing. Which
alternative is more desirable at this interest rate?
Assignment Exercise 21–2
Summarize the costs to the practice of owning a system (per Doctor
Smith) versus leasing (per Doctor Brown). Include a computation of
comparative present value. (Refer to Assignment 21-1 for setting up a
comparative present-value table.)
Cost of Owning: Per Dr. Smith at $35,000 with average maintenance
of $4500 (4,000 + 5,000)/2 — Comparative Present Value
Assignment Exercise 21–3
How much more information should Rob have before he begins to
make any calculations? Make a list. Which alternative do you believe
would be best? Give your reasons.
===============================================
41. HSA 525 Week 10 Assignment 3 Post Merger Analysis
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Assignment 3: Post-Merger Analysis
Due Week 10 and worth 280 points
In today’s uncertain economic and regulatory environment for the
health services industry, many organizations may be presented with
merger and acquisition opportunities to gain market share and drive
financial and operational efficiencies. Given the current state of this
market segment:
Write a five to six (5-6) page paper in which you:
1. Suggest the key financial drivers that most likely will cause health
care organizations to merge. Provide support for your rationale.
2. Assuming that two (2) health care organizations have merged.
Determine the evaluation criteria that a financial analyst would use to
evaluate the financial performance of the organization post-merger,
and identify the determinants that the analyst would use to decide
whether or not the merger generated favorable financial results for the
organization. Provide support for your evaluation.
3. Determine the key factors that will drive the financial planning
process for most organizations in the post-merger phase, and examine
the related impact to the organization process. Provide support for
your rationale.
42. 4. Create an argument to assert that the financial planning process is
of high value to a health care organization. Provide support for your
argument.
5. Predict the financial stability of the health care industry over the
next five (5) years. Provide support for your prediction.
6. Use at least three (3) quality academic resources. Note: Wikipedia
and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
• Be typed, double spaced, using Times New Roman font (size 12),
with one-inch margins on all sides; citations and references must
follow APA or school-specific format. Check with your professor for
any additional instructions.
• Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the date.
The cover page and the reference page are not included in the
required assignment page length.
The specific course learning outcomes associated with this
assignment are:
• Evaluate the financial statements and the financial position of health
care institutions.
• Describe the overall planning process and the key components of the
financial plan.
• Use technology and information resources to research issues in
health financial management.
• Write clearly and concisely about health financial management
using proper writing mechanics.
===============================================
43. HSA 525 Week 10 DiscussionStrategic Planning and
Business Plan
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HSA 525 Week 10 Discussion,
Strategic Planning and Business Plan” Please respond to the
following:
Ascertain the importance of strategic planning for an organization.
Next, suggest one (1) strategy you may use to structure the strategic
planning session for a not-for-profit mid-sized health organization
that is competing with several for-profit facilities
in the area. Then determine your approach to communicate the
mission, vision, and value statements for the strategic planning.
Provide a rationale for your response.
Use the Internet or Strayer databases to research articles on business
plan creation within health organizations. Next, based on your
research and analysis, recommend three (3) best practices of business
plan creation and support your response.
===============================================
44. HSA 525 Week 11 Discussion Future Developments and
Future of Financial Management
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HSA 525 Week 11 Discussion,
“Future Developments and Future of Financial Management” Please
respond to the following:
Reflecting on the various topics discussed throughout the course,
describe one (1) concept that will be affected most by the latest
developments in health reform.
Examine at least two (2) specific changes that you anticipate in the
role of the health care financial manager over the next decade.