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Describe the staffing competencies needed for hiring team members in the back-end revenue cycle of a healthcare organization

Create a cross volume profit chart. Select an item or product used in an healthcare organization and describe how you would calculate the break - even point. Describe why this break - even information is useful.

Discuss how cost accounting can be utilized to support healthcare organizational strategic decisions and goals related to departments, facilities, and services.

How can cost accounting be utilized to support healthcare organizational strategic decisions and goals related to departments, facilities, and services.

Describe the importance of Revenue Cycle Management and the impact it can have on the healthcare organization

Which of the following will give you the most accurate allocation between a cost's fixed component and variable component? a. Examination of a students’ registration forms for miscellaneous fees and tuition fees b. Use of the least squares method to allocate the cost of electricity c. Dividing the total cost on the water bill among the different departments based on direct labor hours d. Dividing the total cost of the postpaid plan using the high-low method

How does price transparency impact the role of a manager / administrators in a healthcare organization

How does having an effective payment model impact the role of a manager / administrators in a healthcare organization .

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…

Listed below are several costs incurred in the loan department of Suwanee Bank and Trust Company. For each cost, indicate which of the following classifications best describe the cost. More than one classification may apply to the same cost item.Cost Classificationsa. Controllable by the loan department managerb. Uncontrollable by the loan department managerc. Direct cost of the loan departmentd. Indirect cost of the loan departmente. Differential costf. Marginal costg. Opportunity costh. Sunk costi. Out-of-pocket costCost Items1. Salary of the loan department manager.2. Cost of office supplies used in the loan department.3. Cost of the department’s desktop computers purchased by the loan department manager last year.4. The portion of general advertising cost of the bank that has been allocated to the loan department.5. Revenue that the loan department would have generated for the bank if a branch loan office had been located downtown instead of in the next county.6. Difference in the…

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…

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

Discuss how allocation of customer-related overhead cost can lead to better decision making within firms with reference to the case below. ‘An insurance company, A-Insure Limited, decided to use CPA to identify profitable and non-profitable customers after it grew concerned about the poor financial performance of one of its policy options. A-Insure collected customer data through original policy proposal forms which were stored electronically in a customer database. It was able to conduct a complex cross correlation between known cost drivers and the demographic and other characteristics of policy holders. The cost drivers were: • commission payments to financial advisers who sold the policy • early surrender of the policy by the policy holder • changing of bank details and consequent chasing of missed premiums • responding to customer queries. The analysis identified that the policy was unprofitable when sold to recently retired clients but was profitable when sold to other client…

Why does support department cost allocation matter to service businesses (such as colleges and universities)? Please explain the importance. Also, identify three businesses, companies, or non-profit organizations that you think would use support department cost allocation. Name the company and their corresponding support departments.

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

expert of general account answer

please dear expert need answer for all requirements with calculation, explanation , formulation with steps for better understanding answer in text not image please show calculation how you get the numbers please double underline answer all