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HSA 525 RANK Lifetime Success / hsa525rank.com HSA 525 Final Exam Part 1 FOR MORE CLASSES VISIT www.hsa525rank.com Question 1 The committee responsible for developing and/or approving policies relating to the handling and administration of drugs Question 2This committee develops blood usage policies and procedures. It is responsible for monitoring transfusion services
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Final Exam Part 2 • FOR MORE CLASSES VISIT • www.hsa525rank.com • Question 1 Patient’s have • Question 2 Mr. Jones has a right to ask a caregiver • Question 3 A patient is responsible for those injuries resulting from • Question 4 A patient not only has rights but • Question 5 Patients have a right to
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 1 Discussion 1Financial Management • FOR MORE CLASSES VISIT • www.hsa525rank.com • "Financial Management" Please respond to the following: • • Suggest one (1) key way in which the role of ethics in managerial accounting differs from the role of ethics in financial accounting. Indicate the role that you believe is the most significant within a health care organization. Provide support for your rationale.
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 1-11 All Homework, Assignment, Discussion Question • FOR MORE CLASSES VISIT • www.hsa525rank.com • HSA 525 Week 4 Assignment 1 Financial Statement Analysis • HSA 525 Week 6 Assignment 2 Using Financial Ratios to Assess Organizational Performance • HSA 525 Week 10 Assignment 3 Post-Merger Analysis
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 2 Discussion Inflows and Revenue Management • FOR MORE CLASSES VISIT • www.hsa525rank.com • HSA 525 Week 2 Discussion, • “Inflows and Revenue Management” Please respond to the following: • • Determine a key difference between a fee-for-service plan and an episode of care payment plan, and indicate the plan that you believe to be most advantageous for the majority of patients. Provide support for your rationale.
HSA 525 RANK Lifetime Success / hsa525rank.com HSA 525 Week 2 Homework 1 Ex 4-1, Ex 4-2, Ex 5-1, Ex 5-2 FOR MORE CLASSES VISIT www.hsa525rank.com HSA 525 Week 2 Assignment Exercise 4–1: Contractual Allowances Assignment Exercise 4–1: Contractual Allowances Physician Office Revenue for Visit Code 99214 has a full established rate of $72.00. Of ten different payers, there are nine different contracted rates, as follows: Contracted Payer Rate FHP
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 3 Discussion 1 Cost Control • FOR MORE CLASSES VISIT • www.hsa525rank.com • HSA 525 Week 3 Discussion, • “Cost Control” Please respond to the following: • • Use the Internet or Strayer Databases to research “cost escalation” within the health care segment. Next, determine one (1) key driver of health care cost escalation. Indicate one (1) strategy health care managers can implement to reduce costs in the future. Provide support for your rationale.
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 3 Homework 2 Ex 6-1, Ex 6-2, Ex 7-1, Ex 7-2 • FOR MORE CLASSES VISIT • www.hsa525rank.com • Assignment Exercise 6–1: Allocating Indirect Costs • 1. Compute the costs allocated to cost centers “Clerical Salaries,” “Administrative Salaries,” and “Computer Services” using the new allocation bases shown below. Use worksheet #1 that replicates the set up in Table 6–2. Total the new results. The new allocation bases are:
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 4 Assignment 1 Financial Statement Analysis • FOR MORE CLASSES VISIT • www.hsa525rank.com • Assignment 1: Financial Statement Analysis • Due Week 4 and worth 200 points • Select one (1) of the following publically traded health care organizations: Universal Health Services (NYSE: UHS) or Health Management Associates (NYSE: HMA).
HSA 525 RANK Lifetime Success / hsa525rank.com HSA 525 Week 4 Discussion Inventory Analysis and Optimizing Staffing FOR MORE CLASSES VISIT www.hsa525rank.com HSA 525 Week 4 Discussion,”Inventory Analysis and Optimizing Staffing” “Inventory Analysis and Optimizing Staffing” Please respond to the following: • Recommend a strategy for financial administrators to balance the tension between having inventory on hand when it is needed versus the carry cost to the organization.
HSA 525 RANK Lifetime Success / hsa525rank.com HSA 525 Week 4 Homework 3 Ex 8-1, Ex 8-2, Ex 8-3, Ex 8-4, Ex 9-1, Ex 9-2 FOR MORE CLASSES VISIT www.hsa525rank.com Assignment Exercise 8–1: FIFO and LIFO Inventory Use the format in Exhibit 8–1 to compute the ending FIFO inventory and the cost of goods sold, assuming $90,000 in sales; beginning inventory 500 units @ $50; purchases of 400 units @ $50; 100 units @ $65; 400 units @ $85. Also compute the cost of goods sold percentage of sales
HSA 525 RANK Lifetime Success / hsa525rank.com HSA 525 Week 5 Discussion Managed Care Contracting and Ratio Analysis FOR MORE CLASSES VISIT www.hsa525rank.com HSA 525 Week 5 Discussion, “Managed Care Contracting and Ratio Analysis” Please respond to the following: • From the scenario, interpret the operating indicators used to analyze the financial performance of the organization. Indicate specific ways in which this information will help management improve the performance of the organization.
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 5 Homework Ex 10-1, 10-2,10-3, Ex 11-1, 11-2, 11-3, Ex 12-1, 12-2, 12-3, 12-4, 12-5 • FOR MORE CLASSES VISIT • www.hsa525rank.com • Assignment Exercise 10–1: Components of Balance Sheet and Statement of Net Income • Identify the following MHS balance sheet components. List the name of each component and its amount(s) from the appropriate MHS financial statement.
HSA 525 RANK Lifetime Success / hsa525rank.com HSA 525 Week 6 Assignment 2 Using Financial Ratios to Assess Organizational Performance FOR MORE CLASSES VISIT www.hsa525rank.com Assignment 2: Using Financial Ratios to Assess Organizational Performance Due Week 6 and worth 240 points Using the financial statements from your selected health care organization in Assignment 1, develop a financial plan for the next three (3) years.
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 6 Discussion Using Ratios as Performance Indicators and Inflation and Health Care Costs • FOR MORE CLASSES VISIT • www.hsa525rank.com • HSA 525 Week 6 Discussion, • “Using Ratios as Performance Indicators and Inflation and Health Care Costs” Please respond to the following: • • Suggest one (1) key financial ratio that a health care administrator should create a trend analysis for. Suggest one (1) key insight that may
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 6 Discussion Using Ratios as Performance Indicators and Inflation and Health Care Costs • FOR MORE CLASSES VISIT • www.hsa525rank.com • HSA 525 Week 6 Discussion, • “Using Ratios as Performance Indicators and Inflation and Health Care Costs” Please respond to the following: • • Suggest one (1) key financial ratio that a health care administrator should create a trend analysis for. Suggest one (1) key insight that may
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 7 Discussion The Budgeting Process and Capital Investment Decisions • FOR MORE CLASSES VISIT • www.hsa525rank.com • HSA 525 Week 7 Discussion, • The Budgeting Process and Capital Investment Decisions” Please respond to the following: • • Use the Internet or Strayer databases to research information related to the budgeting processes within the various types of health care organizations.
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 7 Homework 6 Ex 15-1, 15-2, 15-3, and 15-4, Ex16-1 • FOR MORE CLASSES VISIT • www.hsa525rank.com • Assignment Exercise 15–1: Budgeting • Select an organization: either from the Case Studies in Chapters 27–28 or from one of the Mini-Case Studies in Chapters 29–31. • Required
HSA 525 RANK Lifetime Success / hsa525rank.com HSA 525 Week 8 Discussion Contract Negotiations and Risks and Operating Margins FOR MORE CLASSES VISIT www.hsa525rank.com HSA 525 Week 8 Discussion, “Contract Negotiations and Risks and Operating Margins” Please respond to the following: • In the scenario, the contract negotiations between North Creek Healthcare and the community hospital concluded with an agreement on non-financial (legal) terms. Suggest the most critical element of the contract and the impact
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 8 Homework 7 Ex 17-1, 17-2, 17-3, Ex 18-1, 18-2, 18-3 • FOR MORE CLASSES VISIT • www.hsa525rank.com • Assignment Exercise 17–1: Variance Analysis • Greenview Hospital operated at 120% of normal capacity in two of its departments during the year. It operated 120% times 20,000 normal capacity direct labor nursing hours in routine services and it operated 120% times 20,000 normal capacity equipment hours in the laboratory.
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 9 Discussion Leasing Equipment • FOR MORE CLASSES VISIT • www.hsa525rank.com • HSA 525 Week 9 Discussion, • “Leasing Equipment” Please respond to the following: • • Suggest one (1) key economic factor that motivates leasing as an option in acquiring an asset. Explain the potential asymmetries that may exist where leasing may be beneficial to both the lessors and the lessee.
HSA 525 RANK Lifetime Success / hsa525rank.com HSA 525 Week 9 Discussion Leasing Equipment FOR MORE CLASSES VISIT www.hsa525rank.com HSA 525 Week 9 Discussion, “Leasing Equipment” Please respond to the following: • Suggest one (1) key economic factor that motivates leasing as an option in acquiring an asset. Explain the potential asymmetries that may exist where leasing may be beneficial to both the lessors and the lessee.
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 10 Assignment 3 Post-Merger Analysis • FOR MORE CLASSES VISIT • www.hsa525rank.com • Assignment 3: Post-Merger Analysis • Due Week 10 and worth 280 points • In today’s uncertain economic and regulatory environment for the health services industry, many organizations may be presented with merger and acquisition opportunities to gain market share and drive financial and operational efficiencies. Given the current state of this market segment
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 10 DiscussionStrategic Planning and Business Plan • FOR MORE CLASSES VISIT • www.hsa525rank.com • HSA 525 Week 10 Discussion, • Strategic Planning and Business Plan” Please respond to the following: • • Ascertain the importance of strategic planning for an organization. Next, suggest one (1) strategy you may use to structure the strategic planning session for a not-for-profit mid-sized health organization that is competing with several
HSA 525 RANK Lifetime Success / hsa525rank.com • HSA 525 Week 11 Discussion Future Developments and Future of Financial Management • FOR MORE CLASSES VISIT • www.hsa525rank.com • HSA 525 Week 11 Discussion, • “Future Developments and Future of Financial Management” Please respond to the following: • • Reflecting on the various topics discussed throughout the course, describe one (1) concept that will be affected most by the latest developments in health reform.