Health Care Finance Assets and Liabilities Assets and liabilities are found in a balance sheet. Baker and Baker (2011, p. 107) define a balance sheet as a record of "what an organization owns, what it owes, and basically, what it is worth." Item Continue Reading...
Healthcare Finance: What is the break-Even analysis approach and its application in health care organizations? Unfortunately, hospital and health care budgeting of resources has become increasingly important in this cost-conscious era of health care Continue Reading...
Healthcare Finance The relationship between the doctor and a possible patient is established when the physician asks the person for the first time as how he could be of possible help. This direct and simple enquiry is the beginning of the trust of t Continue Reading...
Healthcare Finance What are the dynamics of patient accounts receivable? What are some of the factors affecting patients accounts receivable? Facing the challenge of how to address the hospital's unpaid accounts receivable can be one of the most em Continue Reading...
Healthcare Finance Government rules: In United States the Congress had passed the Medicare Prescription Drug, Improvement and Modernization Act of 2003 or MMA and with this imposed a stoppage for 18 months on the starting of new physician owned spe Continue Reading...
Health Care Finance One of the things people should know is that the landscape for health care is not good at present, especially in the not-for-profit sector. We are definitely running a not-for-profit health care institution here at VGH. Consider Continue Reading...
Healthcare Finance In order to be successful in the present complex and frequently unfavorable business settings, a healthcare organization's strategic direction should be estimated, focused, and financially sustainable. Strategic business planning Continue Reading...
Healthcare Finance Efficiency and Effectiveness: Three Perspectives Define and describe efficiency and effectiveness. What are the differences between efficiency and effectiveness? How can a healthcare organization use this information? Efficiency Continue Reading...
Healthcare Finance Cases Cases in Healthcare Finance Front Street Hospital: Uninsured Charges and Collections The underlying issue in this case deals with discriminatory medical pricing strategies. Although these types of pricing structure are comm Continue Reading...
Health Care Finance Financial analyst Eric Feigenbaum (2009) notes that while we like to think of hospitals in terms of compassion, patient care and dedication to altruistic aims, they are businesses concerned with revenues and expenses like any oth Continue Reading...
If the area wage index is greater than 1, the labor share equals 69.7%. The law requires the labor share to equal 62% if the area wage index is less than 1.0. 2) the wage adjusted labor share is added to the non-labor share of the standardized amou Continue Reading...
Health Care Finance There is a clear relationship between the present value and future value factors. According to the research, "the future value (FV) measures the nominal future sum of money that a given sum of money is worth at a specified timed Continue Reading...
Americans healthcare delivery in the United States has been via a market driven system, 1 usually through purchase of health insurance, participation in HMOs or other types of collective agencies. For those who qualify enrollment in Medicare and Med Continue Reading...
Finance Describe the following 4 types of costs: Fixed- fixed costs are business costs, that are constant given a certain level of production Variable- variable costs are cost that vary as output increases or decreases Semivariable- an expense th Continue Reading...
Healthcare Finance Effectiveness refers to hitting targets that are set. When an organization is reaching its goals, it is effective. Efficiency is the level of effectiveness divided by the effort to get there. In essence, how much does the organiza Continue Reading...
Healthcare Finance What are the four sources of long-term debt financing? What are the five characteristics of long-term debt financing? Long-term debt is employed to finance business investments that have lengthier payback periods. There are four Continue Reading...
Healthcare Finance What are the four sources of long-term debt financing? What are the five characteristics of long-term debt financing? Long-term debt is employed to finance business investments that have lengthier payback periods. There are four Continue Reading...
Healthcare Finance What is the difference between simple interest and compound interest? Simple interest is gauged on the basis of the loan's principal amount while the compound interest is derived on the basis of the principal amount and also the Continue Reading...
Policy Changes in Healthcare Finance Healthcare Finance CPT Codes The American Medical Association (2013) developed the Current Procedure Terminology (CPT) codes decades ago in the 1960s. The first edition was published in 1966 and over the subse Continue Reading...
constitute itself as a business plan for a heart hospital, with a determine goals to establish the main factors and outcomes that may determine both the outlet's utility and its success as an economic entity. We will aim to analyze the reason for in Continue Reading...
health care organizations need to develop capital budgets? What are the main steps involved in developing a capital budget? All major business organizations dealing with economic conditions of uncertainty, opportunity costs, and scarce or depreciat Continue Reading...
Hardware / Software Install. $4,586,700 $500,000 Maintenance 2,600,000 Training 1,387,567 Total $8,574,267 $4,567,318 $4,197,691 $17,339,277 IT USA Hardware / Software Install. $3,786,500 $500,000 Maintenance Training Total $8,16 Continue Reading...
Heart Hospital: A Combined Effort between Cornell University and the New York Presbyterian Hospital According to the American Heart Association, approximately 2,600 Americans die each and every day from cardiovascular diseases and claim an average Continue Reading...
Healthcare Financial Management To quote Jonathan Clark at the beginning of his article, "Improving the revenue cycle can be a daunting task due to the scope and complexity of the interdepartmental process." Of the suggestions offered by the authors Continue Reading...
Healthcare Reform Revised We know that the burden of diseases is increasing all over the world. The percentage of people suffering from diabetes, cardiovascular and pulmonary diseases has considerably increased in the last decade. It is noteworthy h Continue Reading...
Health Care in the U.S. And Spain What Can the U.S. Learn About Health Care from Spain? In 2009, Spain's single-payer health care system was ranked the seventh best in the world by the World Health Organization (Socolovsky, 2009). By comparison, th Continue Reading...
Healthcare Management In today's healthcare environment, practice managers have to face important financial issues they did not struggle with 10 years ago. One of those is with the billing of healthcare, since so many different methods and options a Continue Reading...
Health Care Management Obstacles to change in Health Care management. There are a nearly infinite number of things that can go wrong for a health care manager, and out of the two major problems that can arise, staff relationship problems and stress Continue Reading...
Through the use of statistical modeling the researcher was able to arrive at the validation of their hypothesis. Assessment of Research Findings Based on the results of the statistical modeling used in conjunction with the Household Component of M Continue Reading...
(Menzel, 1990, p. 3) Fisher, Berwick, & Davis alude to the idea of integration in health care, with providers linking as well as creating networks of electronic medical records and other cost improvement tactics. The United States and other nat Continue Reading...
Health Care Administration Profession As a health care manager, the reason for choosing this profession and the day-to-day activities which fill my schedule are often vary different. As a health care professional, I entered this profession to make a Continue Reading...
Based upon the fact the baby boomers are all approaching retirement age, it would be a good idea for the organization to pursue programs that are geared towards seniors. Programs that are geared towards seniors are a great way to produce quality co Continue Reading...
Health Care Finance Greenwald engages in a discussion comparing the U.S. health care system to, well, other health care systems. An interesting methodological fault is that Greenwald cherry-picks his examples. In one paragraph, he compares the U.S. Continue Reading...
Health Conundrum Healthcare Financing and Nursing Healthcare is one of the most contentious subjects in the United States today, with the financing of the healthcare system the specific issue of concern in legal, ethical, and pragmatic spheres. The Continue Reading...
Healthcare Organizations (HCOs) Healthcare organizations -- whether they be for-profit or nonprofit -- are a vital component of American society, and as such need to be performing their duties and living up to their missions in order to provide the Continue Reading...
Human Resources Healthcare Strategic human resource management: Applications in a healthcare organization It has been said that one of the great ironies of healthcare is that despite the fact it is an industry where the 'human' dimension is so im Continue Reading...
Healthcare System Change M.S. Healthcare Administration Exploration National quality performance improvement initiatives. The organizations noted focused specific areas research, study practices information dissemination national organizations publ Continue Reading...
