HCS/385: Health Care Finance
Wk 5 Summative Assessment: Business Operations Presentation
Your business operations skill is important for being able to identify risks associated with various financing options and projects for capital projects that fund growth, purchase equipment and inventory, hire additional staff, and build new facilities.
Scenario
You have been promoted to CFO at your hospital. The hospital’s CEO has requested that you present an evaluation of budgetary options for future purchases based on industry competition to the board of directors. In the presentation, focus on budgetary financing strategies and solutions in the operations of the hospital.
Preparation
If you address nursing shortage, supply-chain disruption, or outsourcing in your assessment deliverable presentation, review and consider using the following articles from the “Summative Assessment: Business Operations Presentation†section in the Week 5 University Library as the primary resources for your presentation.
- Nursing shortage topic resource: “As COVID-19 Worsens Nursing Shortage, Madison Hospitals, Schools Step Upâ€
- Supply-chain disruption topic resource: “Inflation Rattles Hospital Supply Chain and Labor Pool With no End in Sightâ€
- Outsourcing topic resource:“Research and Markets Adds Report: Medical Billing Outsourcing Market†and “The Good, the Bad and the Outsourced”
Assessment Deliverable
Create a 12- to 15-slide Microsoft PowerPoint® presentation in which you:
- Evaluate effective financial options for outsourcing operations of key departments, such as information systems, medical billing, and human resources (HR).
- Evaluate how you would implement just-in-time inventory management (e.g., in the OR, central sterile supply, or pharmacy departments) to optimize inventory management.
- Analyze the advantages and disadvantages of using a flexible budget to meet the organization’s staffing needs.
- Describe the decision-making factors when determining whether to lease or buy equipment (e.g., Should I buy or lease an MRI or CT scan?).
- Describe the effect of financing strategies on the cost of capital.
- Identify and describe the benefits and risks of debt financing (e.g., how to manage working capital through accounts payable).
Formatting Requirements
Include the following in your presentation:
- Detailed speaker notes for each slide
- Appropriate images or other multimedia
- A references slide
Cite any sources, images, and multimedia included in your presentation.
Format citations and references according to APA guidelines.
Submit your assessment.
Assessment Support
Copyright 2023 by University of Phoenix. All rights reserved.
HCS/385: Health Care Finance Wk 5 Discussion: Long-Term Financing [due Thurs] HCS/385: Health Care FinanceWk 5 Discussion: Long-Term Financing [due Thurs]
HCS/385: Health Care Finance
Wk 5 Discussion: Long-Term Financing [due Thurs]
HCS/385: Health Care FinanceWk 5 Discussion: Long-Term Financing [due Thurs]
Discussion Topic
Imagine you are the comptroller of a hospital. Due to the reduction in reimbursement from third-party payers, your organization must improve its working capital.
Watch the following 2 videos:
“Working Capital”
Transcript
“Alternative Forms of Capital”
Transcript
After watching the videos, respond to the discussion prompt: Given that working capital is equal to current assets minus current liabilities, how would you finance working capital through accounts payable? Provide examples.
Response Requirements
Copyright 2023 by University of Phoenix. All rights reserved.
HCS/385: Health Care Finance Wk 5 Summative Assessment: Business Operations Presentation
HCS/385: Health Care Finance
Wk 5 Summative Assessment: Business Operations Presentation
Your business operations skill is important for being able to identify risks associated with various financing options and projects for capital projects that fund growth, purchase equipment and inventory, hire additional staff, and build new facilities.
Scenario
You have been promoted to CFO at your hospital. The hospital’s CEO has requested that you present an evaluation of budgetary options for future purchases based on industry competition to the board of directors. In the presentation, focus on budgetary financing strategies and solutions in the operations of the hospital.
Preparation
If you address nursing shortage, supply-chain disruption, or outsourcing in your assessment deliverable presentation, review and consider using the following articles from the “Summative Assessment: Business Operations Presentation†section in the Week 5 University Library as the primary resources for your presentation.
Assessment Deliverable
Create a 12- to 15-slide Microsoft PowerPoint® presentation in which you:
Formatting Requirements
Include the following in your presentation:
Cite any sources, images, and multimedia included in your presentation.
Format citations and references according to APA guidelines.
Submit your assessment.
Assessment Support
Copyright 2023 by University of Phoenix. All rights reserved.
HCS/385: Health Care Finance Wk 4 Summative Assessment: Financial Analysis Calculations
HCS/385: Health Care Finance
Wk 4 Summative Assessment: Financial Analysis Calculations
The key to understanding an organization’s financial health is analyzing its financial performance using financial ratios.
Scenario
In your new role as comptroller of the hospital, your CFO hasasked you to prepare a financial analysis by evaluating a medical supply company, Hillside, Inc., that the hospital is considering purchasing. You will use its balance sheet and income statement to calculate several financial ratios. You’ll demonstrate your financial analysis skills and make final recommendations as to whether the hospital should purchase Hillside, Inc. to improve the availability of medical supplies to the hospital.
Assessment Deliverable
Access and complete Financial Analysis Calculations Worksheet (contains Parts 1 and 3) and Financial Ratio Calculations(contains Part 2) in the following order using the prompts provided in the documents:
Submit both parts of your assessment.
Assessment Support
Copyright 2023 by University of Phoenix. All rights reserved.
Submission
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Details & Information
Assessment due date
7/28/26, 1:59 AM (CDT)
Goals & standardsAligned with 1 goal
Attempts
Unlimited
Grading rubricThis item is graded with a rubric
Originality ReportSubmit my paper to the Global Reference Database
Grading
Maximum points200 points
Description
This assessment measures your ability to analyze financial performance using financial ratios.
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.