HCS 405 Complete Course

Week 2: Individual Assignment: Reporting Practices and Ethics Paper

Resource: Grading criteria located in Week Two on your student website.

Find two or three articles that address financial reporting practices and ethical standards in health care finance, including the following topics:

o Generally accepted accounting principles

o Corporate compliance, ethics, or fraud and abuse

Write a 700- to 1,050-word paper on the financial management of health care organizations, integrating your research articles.

o Include a summary of the four elements of financial management.

o Include a summary of generally accepted accounting principles and general financial ethical standards.

o Provide examples from the articles that reflect ethical standards of conduct and financial reporting practices.

o Explain the significance of each example.

Format your paper consistent with APA guidelines.

Week 3: Learning Team Assignment Health Care Case Study: Financial Statements

Resource: Patton-Fuller Community Hospital financial statements in the Virtual Organization. Grading criteria located in Week Two on your student website.

Write a 350- to 700-word summary that address the following:

o Annual report, including the Patton-Fuller financial statements

o How did the audited and unaudited financial statements differ?

o Are the financial ratios for the hospital improving? Explain.

o Relationship between revenue sources and expenses on Patton-Fullers financial performance

o What is the effect of revenue sources on financial reporting at the hospital?

o How are the hospitals revenues and expenses grouped for planning and control?

Format your paper consistent with APA guidelines.

Week 4: Individual Assignment: Simulation Review

Resource: University of Phoenix Material: Simulation Review Paper and

SIMULATIONS: Analyzing Financial Indicators for Decision Making

Review the Simulation Review Paper document located in the materials section in Week Four on the student Web site. Review the grading criteria located in Week Four on your student website.

Review the Simulation Review Paper and the Analyzing Financial Indicators for Decision Making documents located on the student website.

Write a 1,050- to 1,400-word summary of your choices and the reasons for your choices.

Format your summary consistent with APA guidelines.

Week 5: Individual Assignment: Health Care Financial Terms

Complete the Health Care Financial Terms multimedia on the student website.

o A minimum score of 80% is required to receive credit for this assignment

Submit your assessment results by posting a PDF.

Learning Team Assignment: Health Care Case Study: Sensitivity Analysis

Resource: Financial statements, Annual Report, and Budget issues under Chief Financial Officer in the Virtual Organization and the grading criteria located in Week Five on your student website.

Create an 8- to 10-slide Microsoft PowerPoint presentation that summarizes elements that affect staffing at Patton-Fuller, such as raises in wages and changes in the nurse-to-patient ratio. Include speaker notes.

Include the following in your presentation:

o Explain how you may use a trend analysis to plan for staffing at Patton-Fuller.

o Summarize the trend analysis and how comparative data facilitates forecasting at Patton-Fuller.

Week 1 DQ 1

Why is it important that financial accounting systems report performance fairly and factually?

Week 1 DQ 2

How do different departments in a hospital receive financial information?

Week 2 DQ 1

What are the largest expense categories incurred by healthcare service organizations?

Week 2 - DQ 2

What are the key components of a successful business office operation in a health care setting? What are some examples?

Week 3 DQ 1

What would you consider when reviewing a budget? Under what conditions is a flexible budget more effective than a forecast budget?

Week 3 DQ 2

The local school system asks you to submit a proposal to do pre-employment physicals for 60 bus drivers. What financial or accounting information do you need to submit the proposal? What will you charge the school system?

Week 4 DQ 1

Before granting a loan, bankers closely evaluate an organization's debt to equity ratio. Explain why this ratio is so important to bankers.

Week 4 DQ 2

You notice that your account receivable days outstanding has doubled in the first six months of the year. Do you give someone a bonus or put him or her on probation? Why?

Week 5 DQ 1

How many financial managers budget for unforeseen changes and improvements in information technology that require large capital outlays?

Week 5 DQ 2

Discuss future trends of health care financial technology.