Eight strategies are offered as a means to help organizations prepare for the transition to value-based reimbursement. Discuss two of these strategies and offer the strengths and weakness of each.
Remember to use citations and references as appropriate. Your post must follow APA sixth edition style and formatting guidelines. An iGuide page APA Style and Format is included in the resources, which may be helpful to you.
Assignment 2 / Unit 2
Balance Sheet $15
Resources
• Discussion Participation Scoring Guide.
• APA Style and Format.
Using Excel, complete problem 11 on page 77 of your Financial Management of Health Care Organizations text by Zelman, McCue, Glick, and Thomas. Post your workbook to this discussion. Also, include a brief assessment of the financial position of Ray Hospital based on your completed balance sheet.
Remember to use citations and references as appropriate. Your post must follow APA sixth edition style and formatting guidelines. An iGuide page APA Style and Format is included in the resources, which may be helpful to you.
Response Guidelines
Respond to the posts of two of your peers concerning their financial position assessments
Assignment 3 / Unit 2
Accrual-Basis and Cash-Basis Accounting (250 words) $10
Resources
• Discussion Participation Scoring Guide.
• APA Style and Format.
Discuss accrual-basis accounting and cash-basis accounting. What are the differences between the two?
If you were to start a new health care organization, which method would you use? Describe your organization (hospital, private practice, et cetera) and explain why you chose that method. Consider the long-term financial implications of your chosen method.
Remember to use citations and references as appropriate. Your post must follow APA sixth edition style and formatting guidelines. An iGuide page APA Style and Format is included in the resources, which may be helpful to you.
Assignment 4 / Unit 3 $25
Ratio Analysis
Resources
• Ratio Analysis Scoring Guide.
• APA Style and Format.
Part One
Complete problem 13 on ratio analysis on page 188 of your Financial Management of Health Care Organizations text by Zelman, McCue, Glick, and Thomas. Using an Excel spreadsheet, calculate all of the ratios listed in the problem (13 ratios for each year or 26 total for 2 years).
Part Two
Use your answers from part one to complete the following:
• Conduct a strategic assessment based on the health care data presented for Longwood Community Hospital.
• Analyze the 26 financial ratios calculated for the hospital to state its financial position.
• Develop a perspective on long-term financial trends for the hospital.
• Assess the potential financial impact on the hospital’s organizational strategy and potential implications on patient care based on the benchmark data provided.
Write a 3–5-page paper based on the above.
Submission Requirements
Your paper should meet the following requirements:
• Written communication: Your document should clearly identify where each grading criteria or part of the assignment is addressed by using APA-formatted headings and subheadings. Your writing needs to communicate professionally, with correct English usage. Your points need to be logical, substantive, and relevant based on the evidence presented. In addition, your communication should be free of errors that detract from the overall message.
• APA formatting: Resources and citations are formatted according to APA sixth edition style and formatting.
• Documents to be submitted: You need to submit the following:
o Spreadsheets.
o Word document: 3–5 pages with APA-formatted headings and subheadings.
• Font and font size: Arial, 10 point.
Assignment 5 / Unit 3
Why Ratio Analysis? (250 words) $10
Resources
• Discussion Participation Scoring Guide.
• APA Style and Format.
Why is ratio analysis so important in health care?
Choose a medical organization and describe at least three different ratios that you would use to assess its financial position. Explain why you selected those three ratios and how the three ratios would be used to update the CEO on the financial status of the organization.
Remember to use citations and references as appropriate. Your post must follow APA sixth edition style and formatting guidelines. An iGuide page APA Style and Format is included in the resources, which may be helpful to you.
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