Eight Basic Ratios Used in Health Care Carrie "Shellie" Cobbs Health Care Financial Accounting HCS 405 Robert Hammer November 10‚ 2013 Eight Basic Ratios Used in Health Care Solvency Ratios 5. Debt Service Coverage Ratio (DSCR) is figured Unrestricted Net Assets + Interest + Depreciation / Maximum Annual Debt Service DSCR 2009 (Unaudited) 627 + 3708 + 36‚036 = 40‚371 40‚371 / 14‚609 = 2.76 DSCR 2008 (Unaudited) 15‚846 + 3597 + 24‚955 = 44‚398 44‚398 / 4‚195 = 10.5 DSCR 2009 (Audited) 36‚036 + 3‚708
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This work of HCS 451 Week 5 Discussion Questions contains: DQ 1: Review the scenario below and answer the questions that follow: ABC Hospital is a small‚ privately owned community hospital. It has been struggling to survive financially‚ as reimbursement rates have declined and consumers are being drawn to the larger state-of-the-art hospital facilities in urban areas that are perceived to have better quality. ABC Hospital was built in 1960 and has been operating in the same manner for
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Implementing Change HCS 475 Pamela Bonner‚ M.P.A Implementing Change To successfully implement change‚ employees need to understand how this will benefit them and impact their daily work. One of the things is that something might look good on paper can have drawbacks that are not realized by the planners‚ but can be easily identified by the employees who must implement the change. Therefore as a manager you need to bring
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This document of HCS 451 Week 1 Discussion Questions consists of: DQ 1: As we get started this week‚ we need to talk about the implementation of quality management and risk management programs in health care. Elaborate on how leadership in your organization supports the implementation of quality management or risk management programs. What seems to be effective or ineffective? What would you recommend to increase leadership support or involvement in these programs in your organization?
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FINANCIAL MANAGEMENT La’Kesha Wright HCS/405 09/16/2012 Sherida Douglass Introduction The role of financial management in health services primary role is to secure the financing need to meet an organization operating objectives. The role of the financial manager is to plan for‚ acquire‚ and utilize capital to maximize the efficiency and value of the organization. Four Elements “The four elements of financial management are: planning‚ controlling‚ organizing and directing‚ and decision
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Legal Issues In Health Care Alexandra Marie Canfield HCS 430 9/8/2014 Christie Artuso Regulatory Agency Paper The agencies that are in charge of monitoring health care facilities and practitioners are known as health care regulation agencies. These agencies also provide the organizations with information about changes in the industry. At the federal‚ state‚ and local level the agencies establish rules and regulations that health care organizations have to follow mandatorily. Some agencies
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Regulatory Agency paper Name HCS/430 Legal issues in Health Care: Regulations and Compliances September 27‚ 2010 Instructor Regulatory Agency paper The Joint Commission is an agency that maintains partnership with the government to help improve the standards of health care within the United States. The Joint Commission accredits health care organizations and health care programs by setting standards to help improve the quality and safety of health care. The Joint Commission work closely and
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Prison Health Care Agency Paper Jessica Jones HCS/430 March 16‚ 2015 Brenda Wright Prison Health Care Agency Paper The national health care expenditures in the United States are excessive. High health care prices are the main reason for excessive health care spending in the United States. According to the National Association for the Advancement of Colored People‚ (NAACP) the United States is 5% of the World population and has 25% of world prisoners. The 25% of detainees are a combination of those
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Performance HCS/451 Health Care Quality Management and Outcomes Analysis This paper will propose how TriCity Medical Center will monitor performance‚ achieve regulatory and accreditation compliance‚ and improve overall organizational performance. It will describe ways TCMC will communicate with leadership to ensure alignment of organizational goals and gain buy-in from staff to achieve compliance with the standards and requirements issued by regulatory and accreditation bodies. Also it will
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Cultural and Disease Paper Roberta Williams HCS/245 February 22.2014 Rebecca Riznyk Every 24 hours thirty six thousand people are diagnosed with diabetes mellitus! (Darrell Lynn Grace‚ 2011).There is twenty four million Americans that have Diabetes Mellitus‚ and ninety five percent have type 2 Diabetes Mellitus. Diabetes is a group of diseases that is caused by high levels of blood glucose and is caused by defects in insulin production. Diabetes is one of the leading causes of death and disability
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