How would healthcare companies operate without accounting? Why do we need financial and managerial accounting and what are the fundamental differences between the two? You must respond to at least two of your classmates ’ postings to receive full credit. Accounting plays a huge role within healthcare industry. If healthcare companies did not have an accounting department‚ it would be nearly impossible for it to operate effectively. Without an accounting department‚ it would be difficult to determine
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Economic Issues Simulation Eric Massingill HCS/440 April 2‚ 2014 Jennifer Jenson Economic Issues Simulation Castor Collins Vice President Mary Mulanax has been asked to come up with a strategy and financial plan for the corporation. The duties she is faced with is setting pricing plans and insurance premiums for companies and their work force. During this time Castor Collins has been approached by two different companies looking to get insurance for their work force. The companies have a set
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This work of ECE 353 Week 2 Discussion Questions 2 Educational Innovations shows the solutions to the following problems: Many educational innovations‚ such as dynamic assessment and FCL (Fostering Communities of Learners) classrooms‚ have incorporated insights about learning and development from the sociocultural theories. Choose either dynamic assessment or FCL. Define your choice‚ and discuss how it incorporates insights about learning and development from the sociocultural theories.
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Health Care Spending Carolyn Harris HCS 440 July 14‚ 2014 Ms. DAWN CHIABOTTI Health care is something that is always going to be around because it is needed by all entities. Health care is a resource that is not readily available to all due to the issue of affordability. Many people try to find the most affordable health care insurance‚ but sometimes economic hardships do not allow for people to get insured or remain insured; therefore leaving many people without health care insurance. The
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With your learning team‚ complete the Health Care Reform matrix below. Listed in this matrix are some of the topics addressed by the Patient Protection and Affordable Care Act policy. You are required to describe the issue‚ in your own words‚ and list 2-3 points about each topic under each heading in the matrix. Describe the issue: Key concerns regarding the issue: How is this issue addressed in the current health care environment? How will this issue be addressed by the Patient Protection and Affordable
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steps required to accomplish the objectives. Correct answer: Planning 1. Deciding how to use the resources of the organization to most effectively carry out the plans that have been established. Correct answer: Organizing 2. One of the four basic financial statements‚ this statement reports the inflow of revenue and the outflow of expense over a stated period of time. The net result is also reported‚ either as excess of revenue over expense or in the case of a loss
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Applying the Background and Methodology Carrie "Shellie" Cobbs Health Care Research Utilization HCS 465 Cindy Laub‚ PhD January 18‚ 2014 Applying the Background and Methodology • Definition of the problem The problem outlined in the article is that poor children living at poverty or lower have greater occurrences of asthma and less resource for care than non-poor children do. Poor children access general care facilities for acute treatment of their asthma rather than doctor’s offices for
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Economics Issues Simulation Paper HCS/440 – Economics: The Financing of Health Care August 15‚ 2011 Ms Kathie Iaconetti Economic Issues Simulation The purpose of a managed care organization is to coordinate the costs and delivery of health care. A managed care organization oversees money spent on labor‚ technology‚ and facilities such as physician offices and hospitals. A type of managed care organization is a Health Maintenance Organization (HMO). A HMO “provides medical care for all its
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Health Care Spending Carrie "Shellie" Cobbs Economics: The Financing of Health Care HCS 440 George Atkins December 15‚ 2013 Health Care Spending The American Dream is described by The Free Dictionary as‚ “An American ideal of a happy and successful life to which all may aspire” ("Definition‚" 2013‚ p. 1) yet this can mean different things to different people. To this student it means happiness‚ prosperity‚ health‚ freedom‚ and the ability to makes choices according to what this student believes
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Reporting Practices and Ethics Paper Mary Kaiser HCS/405 Health Care Financial Accounting July 7‚ 2014 David Albalat Reporting Practices and Ethics Paper Introduction In this paper‚ we will discuss the financial reporting aspects of accounting and what ethical standards are being met by the health care industry. Our discussion leads us to the four fundaments accounting principles‚ the generally accepted accounting principles‚ and the financial ethics of accounting and the code of ethical
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