HCS/385: Health Care Finance
Wk 2 Summative Assessment: Problem-Solving Analysis Report
As a health care manager, you must be able to analyze financial and economic issues in the health care industry. In this summative assessment, you will demonstrate problem-solving skills.
Scenario
Imagine you are a health care manager at a hospital and you are preparing a report for your CFOin which you analyze current issues in health care (e.g., nursing shortages, supply-chain disruption, and telehealth use) and address the financial impact of these issues on your hospital.
Preparation
Select 1of the followingcurrent financial issues that the health care industry faces today to use for this summative assessment: nursing shortages, supply-chain disruption, or telehealth use.
Access the Week 2 University Library and read 1 of the following articles from the Summative Assessment: Problem-Solving Analysis Report section that corresponds to the current financial issue you selected:
- Nursing shortage: “As COVID-19 Worsens Nursing Shortage, Madison Hospitals, Schools Step Upâ€
- Supply-chain disruption: “Inflation Rattles Hospital Supply Chain and Labor Pool with no End in Sightâ€
- Telehealth use: “Telehealth Grows, but Medicare Has Woesâ€
Assessment Deliverable
Write a 700- to 1,050-word report about the financial issue you selected in which you:
- Analyze the financial impact of your selected financial issue on the health care industry.
- Explain what the supply and demand challenges are for health care services in terms of personnel, supplies, or technology.
- Describe how regulatory issues are affecting, or will affect, the health care industry in the areas of personnel, supplies, and technology.
- Describe at least 1 strategy to improve the selected financial issue.
- Discuss what you believe would be the outcome of these recommendations, if implemented.
Cite sources to support your report.
Format your report according to APA guidelines.
Submit your assessment.
Assessment Support
Copyright 2023 by University of Phoenix. All rights reserved.
HCS/385: Health Care Finance Wk 3 Worksheet: Financial Exercises
HCS/385: Health Care Finance
Wk 3 Worksheet: Financial Exercises
The essence of management is to make decisions, and to that extent, a health care manager must have a working knowledge on how to calculate time value money (TVM) financial problems.
Scenario
As a health care manager at a hospital, your supervisor has asked you to submit a set of financial calculations needed for the new capital projects of purchasing an MRI and deciding whether to expand the emergency room or to renovate the hospital lobby.
Preparation
Access Excel for Corporate Finance Professionals located in the Week 3 Learning Activities folder and watch it. Specifically, “NPV Tests in Excel†and “NPV and Scenario Analysis†in Lesson 2, “Project Selection in Excel,†may be helpful for understanding this assignment
Assignment Deliverable
Complete all sets and parts of the Financial Exercises worksheet. The file contains the following 5 worksheet tabs:
Submit your assignment.
Assignment Support
Copyright 2023 by University of Phoenix. All rights reserved.
HCS/385: Health Care Finance Wk 2 Summative Assessment: Problem-Solving Analysis Report
HCS/385: Health Care Finance
Wk 2 Summative Assessment: Problem-Solving Analysis Report
As a health care manager, you must be able to analyze financial and economic issues in the health care industry. In this summative assessment, you will demonstrate problem-solving skills.
Scenario
Imagine you are a health care manager at a hospital and you are preparing a report for your CFOin which you analyze current issues in health care (e.g., nursing shortages, supply-chain disruption, and telehealth use) and address the financial impact of these issues on your hospital.
Preparation
Select 1of the followingcurrent financial issues that the health care industry faces today to use for this summative assessment: nursing shortages, supply-chain disruption, or telehealth use.
Access the Week 2 University Library and read 1 of the following articles from the Summative Assessment: Problem-Solving Analysis Report section that corresponds to the current financial issue you selected:
Assessment Deliverable
Write a 700- to 1,050-word report about the financial issue you selected in which you:
Cite sources to support your report.
Format your report according to APA guidelines.
Submit your assessment.
Assessment Support
Copyright 2023 by University of Phoenix. All rights reserved.
HCS/385: Health Care Finance Wk 1 Worksheet: Microsoft Excel and Financial Terminology
HCS/385: Health Care Finance
Wk 1 Worksheet: Microsoft Excel and Financial Terminology
Regardless of where your health care career takes you, finance is an important part of the health care system. Finance might not be your professional calling, though it is important you have a working knowledge of the terminology and tools of finance and the stakeholders in the health care industry.
Preparation
Access the Week 1 Learning Activities folder, locate the following activities, and watch the indicated LinkedIn Learning sections about financial terminology and calculations in Microsoft Excel. These videos will be helpful for understanding this assignment.
Assignment Deliverable
Access and complete the Financial Terminology Worksheet using the prompts provided in it.
Note: Because this worksheet introduces you to terminology used throughout the course, consider saving it for future reference.
Submit your assignment.
Assignment Support
Copyright 2023 by University of Phoenix. All rights reserved.