HCA 375 quiz 4-07

Strategies that a hospital must do to achieve financial healthiness

Financial arguments for the MD to improve health and safety 7 What financial arguments could you use to convince the MD that health and safety needs to be improved

How can CVP Analysis be used to predict future cost and profitability? How can CVP analysis be used in a hospital setting?

What was the motivation for changing the way physicians are compensated in the Medicare system? What are the implications for physicians' behavior as the resource-based relative value scale is fully implemented?

The main selling point(s) of managed care is (are) what? ☐ 1) Reduce the cost of care. 2) Raise or maintain the quality of care 3) Help employer select healthier employees in the insurance pool. ○ 4) A & B ☐ 5) B & C ○ 6) A & C

What do you think are the requirements for launching a terrific quality team? Identify an issue (actual or hypothetical) . and What is the potential issue? (Health Care or other setting)

Why might firms use nonfinancial performance measures?  What measures might a hospital use?

In public health, we often struggle for funding. Understanding which health challenges are disproportionately impacting our community, the demographics of our community, and the economics of that community can help us to produce a targeted intervention to assist those who are impacted by a selected health issue. Download the Critical Thinking Portfolio Assignment Part I TemplateDownload Critical Thinking Portfolio Assignment Part I Template Data Acquisition Instructions: In Nevada, clark County Health Rankings: Clark  county health rankings and enter the name of your county or a county in close approximation to you and press enter. At the top of the page, click show more for county demographics. Please produce a table for your paper using this information. Click the check box entitled show areas to explore. Select 3 areas that are highlighted. Click the variables to see how they are defined and explain this in your write up. If trends are available, assess if the issue has been…

What are the differences between the strategic initiatives and operating activities of a health care organization?

1. How are solvency ratios used to provide guidance for health organizations? 2. Explain the concept of a present-value analysis.

What is the importance of ratio analysis? What are the four main categories? How would a health care manager use ratio analysis?

What is forecasting in a healthcare business. Provide an example of how forecasting is conducted in a healthcare organization.

a. What is the primary difference between financial statementanalysis and operating indicator analysis?b. Why are both types of analyses useful to health services managersand investors

East Alabama Medical Center uses nonfinancial performance measures to track the following objectives: • Maintain and improve the quality of clinical services. • Improve patient service. • Enhance employee recruitment and retention. (a) Link each of these objectives to one of the four balanced scorecard perspectives. Objective   Perspective Maintain and improve the quality of clinical services    FinancialLearning & growthInternal business processesCustomer Improve patient service    Learning & growthInternal business processesFinancialCustomer Enhance employee recruitment and retention    Learning & growthCustomerInternal business processesFinancial (b) Identify where on a balanced scorecard you would most likely find the following metrics: Metric   Perspective • Patient satisfaction score    Internal business processesFinancialCustomerLearning & growth • Number of medication errors    Internal business processesLearning…

1. How can social media help a hospital manage the patient experience? 2. Briefly explain the difference between short-term and long-term assets.

How do economic factors influence healthcare policy decisions and outcomes?l am not satisfy give downvote

Overview For this assignment, pick a health care organization of your choice. It could be a hospital, large clinic, or care facility. Read these articles before you begin the assignment: The COSO Framework in Emerging Technology Environments: An Effective In-Class Exercise on Internal Control. Journal of Emerging Technologies in Accounting. COSO Internal Control - Integrated Framework: An Implementation Guide for the Healthcare Provider IndustryLinks to an external site.. Instructions In which you: Identify at least three of the five different 2013 framework elements that focus on internal control. Make sure that elements connected are related to financial reporting of the organization. Provide your rationale on the reasoning that the selected elements are tied to the financial reporting process in the organization. These are located in Chapter 3 in your textbook. Design a method in AIS where it can be integrated in the health care industry that will improve the efficiency of its…

How has managed care (federal, state, and local health laws and regulations) changed medical settings as the health care profession work to offer high quality, cost effective care to patients?