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What stakeholders are most interested in the financial condition of a health care business? Why is this important?   What have generally accepted accounting principles (GAAP)? What is the purpose of GAAP?   Explain the difference between cash accounting and accrual accounting? Why is this important?

Question 10

Course: Principle of healthcare finance What are your thoughts on this statement: "The profit for an organization is lowered when debt financing is used. Therefore, this type of financing should only be used as a last resort."

1. What are the four elements of financial management? 2. Briefly explain The Information Flow.  3. How can social media help a hospital manage the patient experience? 4. Briefly explain the difference between short-term and long-term assets. 5. What are the major differences in Government Sourcesand Managed Care Source? 6. Explain the two types of disbursements for services. 7. What is the difference between direct and indirect costs? Explain.

Why is financial ratio analysis crucial for understanding the financial position of a healthcare organization? Select any three of the commonly used financial ratios, provide the formula, and briefly explain what it tells us about the status of the healthcare facility.

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

Explain the idea of mental accounting. Group of answer choices   Mental accounting refers to the way we emotionally account for ups and downs of our lives.   Mental accounting refers to the interest rate we use when we calculate the present value of future mental assets.   Mental accounting is the way people keep track of their mental assets and liabilities.   Mental accounting is the notion of putting dollars in different mental categories where they take different values.

1. Briefly explain The Information Flow.  2. How can social media help a hospital manage the patient experience? 3. Briefly explain the difference between short-term and long-term assets. 4. What are the major differences in Government Sourcesand Managed Care Source? 5. Explain the two types of disbursements for services. 6. What is the difference between direct and indirect costs? Explain.

Question - A formalized report that summarizes your current financial situation, analyzes your financial needs, and recommends future financial activities is: the life cycle model a balance sheet a personal financial plan a tax return

Prepare a statement of revenue, expense, and change in Fund net position.Hint: Not all accounts listed in this problem may be used in the correct solution. This means you need to distinguish between income statement accounts and balance sheet accounts.

A healthcare organization is planning to invest in new technology to improve patient care and outcomes. The organization has limited funds and is trying to decide whether to finance the investment through debt or equity. You have been hired as a consultant to help the organization make an informed decision. Which of the following factors should the healthcare organization consider when deciding whether to finance the investment through debt or equity?    All of the above    The cost of capital    The level of control and ownership of the organization    The level of risk associated with the financing option

review the picture below and correct any lines that involve formulas and add any lines that arent highlighted that need formulas by adding forumlas where they are needed

Course: Principle of Healthcare Finance Question: Which is true of sensitivity analysis?     None of these are true of sensitivity analysis     way of predicting future values based on certain economic events.     Non-financial data, such as competition and market share, is evaluated.     Identifies the variables that have the greatest impact on profitability

Which of the following is not an advantage of the average rate of return method? a.includes the amount of income earned over the entire life of the proposal b.takes into consideration the time value of money c.emphasizes accounting income d.easy to use

How will I, as a health care manager, be involved in long-term financing for your organization? Provide examples.

Discuss some factors that health services managers must consider when choosing between debt and equity financing.  Consider both investor-owned and not-for-profit firms in your answer.

Answer only please

Course: Principle Of Healthcare Finance Name two ways healthcare leaders can establish and maintain credibility.