HMGT 322 ASSESMENT 2<\/p>\n
This assignment will be submitted to Turnitin\u00ae.
\nInstructions
\nAssessment #2: Health Care Financial Concepts Paper Requirements
\nFrom the list of financial concepts, pick only 1-2 financial concepts to discuss.
\nSearch for a healthcare finance related article on the concepts.
\nIn a 3-5 page paper, describe how you can apply the selected financial concepts from the article to your current health care organization or a health care organization of your choice.
\nSome examples of financial concepts are:<\/p>\n
\u2022\tRevenues or revenue cycle
\n\u2022\tFixed and variable costs
\n\u2022\tGAAP
\n\u2022\tContribution margin
\n\u2022\tBreakeven Analysis
\n\u2022\tCapitation
\n\u2022\tIncome statements
\n\u2022\tBalance sheets
\n\u2022\tCost value analysis
\n\u2022\tCost allocation methods
\n\u2022\tAuditing process
\n\u2022\tGeneral knowledge of health care laws and regulations
\n\u2022\tTime value of money
\n\u2022\tFinancial statement analysis
\n\u2022\tCost of capital
\n\u2022\tFinancial risk
\n\u2022\tInsurance and risk
\n\u2022\tRatio analysis
\n\u2022\tAnalytics
\n\u2022\tBudgeting (operational and capital)
\n\u2022\tForecasting
\n\u2022\tLease financing
\n\u2022\tCost control
\n\u2022\tBenchmarks
\n\u2022\tHIPAA privacy act
\n\u2022\tAffordable Care Act (ACA)
\n\u2022\tJCAHO
\n\u2022\tICD-10
\n\u2022\tProfit vs. non-profit
\n\u2022\tBest practices
\n\u2022\tCompliance<\/p>\n
Be sure to include the following:
\n1.
\n1.\tProvide a summary of the article (must be healthcare related). Articles should be within the last 5-10 years for current articles.
\n2.\tProvide an explanation of the financial concept(s) found in the article.
\n3.\tProvide an example of how you can apply these financial concept(s) to your current health care organization or to the health care organization of your choice (i.e. John Hopkins Hospital, Mayo Clinic)*.
\n4.\tInclude the source of the article in the paper and include another source above the current article (a minimum of 2 sources are required).<\/p>\n
————<\/p>\n","protected":false},"excerpt":{"rendered":"
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