remain in operation‚ because of their good reputation. Beside the organization’s great patient care‚ certain departments have invested in making poor financial decisions‚ which are now becoming a hindrance to the organizations profits. In the recent reviews of the organization financial data‚ the center has given huge discounts to managed care organizations‚ such as Medicaid/Medicare. When an organization deals with negotiating a set or contracted price for services‚ the reimbursements for these services
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Simulation Review HCS / 405 Midnight Fultz- Student David Catoe- Instructor November 11‚ 2014 The Elijah Heart Center needs to make changes on cost-cutting‚ funding options for equipment‚ and funding options for capital expansion. Doing this simulation review it will show just how to go about making these changes to save money. I will explain as to why I choose what I did in this paper. The cost-cutting options I choose were changing the skill max and reducing agency staff. The reason
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The file NUR 405 Week 4 Team Assignment includes the discussion about Reflection General Questions - General General Questions Resources: Windshield Survey; Community Assessment; Family Assessment; and Assignment Grading Criteria: Health Education Tool Development and Presentation Modify or create a health education tool that is appropriate for your participating family. Ensure that your tool achieves the following: · Identifies the family’s health and educational needs
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HCS 405 Week 2 Health Care Financial Terms Paper The theme of HCS 405 is to enable students to learn about the financial statements and other financial transactions in the hospital industry. There are various topics in HCS 405 like balance sheet‚ statement of revenues and expense‚ revenue cycle‚ payer mix and revenue. There will be five weeks in the course of HCS 405 in which the above topics will be covered. There will also be the study about the financial worksheet and reporting practices. It
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HCS 405 week 1 Health Care Financial Terms Worksheet Paper Introduction The HCS 405 week 1 financial terms worksheet throws light on some of the most basic concepts of the healthcare business. Understanding health care financial terms is a prerequisite for both academic and professional success. The health care business helps the nation by providing the building blocks that the citizens need to live a successful and healthy life. The worksheet is intended to ensure that the students understand
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Financial Statements Review Health Care Financial Accounting-HCS/405 May 4‚ 2015 Facilitator Introduction It is essential in any business‚ not just health care to understand how finances directly affect the growth‚ success and longevity of the business and all its parts. To truly understand how finance affects business it is important to gain knowledge and understanding of how the business generate revenue ‚the cash flow of money that comes into the business‚ how bills are paid and money leaves
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Communication Channels Health Care Communication Strategies HCS 320 April 07‚ 2013 Communication Channels Communication is essential to promoting and marketing the newest addition in technology to an organization. There are many facets to the communication that needs distributing to ensure the largest audience is aware of the new‚ state-of-the-art MRI‚ magnetic resonance imaging. The internal staff needs to be educated and knowledgeable about the new equipment so they can help answer
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University of Phoenix Material Week One Health Care Financial Terms Worksheet Worksheet Submitted By: Nadine Girard Term Definition Scenario Controlling Controlling for a financial manager in the health care industry is following through to ensure that the resources obtained are efficient towards the organizations objectives. The basis and reason for control is setting the policies and planning elements. The control function with management ties with the planning function because this consists
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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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This paperwork of HCS 490 Week 4 Discussion Question 1 comprises: What are the benefits and risks of advertising and marketing health care products and services to potential health care consumers? List two benefits and two risks and explain your rationale for your answer. General Questions - General General Questions HCS 490 Week 1 Individual Assignment Health Care Marketing Information Matrix HCS 490 Week 2 Learning Team Assignment Government Regulatory Agencies and Impact
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