Reporting Practices and Ethics Paper HCS/405 November 23‚ 2011 Reporting Practices and Ethics Paper This paper discusses the elements of financial management that is important to the healthcare organizations‚ generally accepted accounting principles‚ and a summary of the articles related to healthcare financial management. Elements of Financial Management There are four different elements used in financial management. These elements include: planning‚ controlling‚ organizing and directing
Premium Management Economics Finance
Evolution of Health Care HCS/531 August 27‚ 2012 Russell Arezz III Evolution of Health Care Congress adopted the Health Maintenance Organization Act in 1973 that financed start-up costs for managed care companies and mandated firms with 25 employees or more to offer traditional health insurance. These provisions were terminate in 1995‚ but by this point health maintenance organizations and other managed care organizations were established in companies around the United States.
Premium Health insurance Managed care Health care
Simulation Review Janette E. Guevara HCS/405 August 26‚ 2013 Todd Brown Simulation Review I have been brought in as a financial advisor to assist Mr. Gilbert Sanchez‚ CEO at Elijah Heart Hospital (EHC) to find some cost efficient ways to continue to provide quality care but at the same time reduce costs for the organization. EHC is a hospital that specializes in Cardiac surgeries and procedures. They would like to expand and have a promising growth in patients as well as revenue‚ but with
Premium Patient Hospital Interest
De’Anna Andrew HCS/405 March 25‚ 2015 James Taylor Simulation Review Large health care organizations‚ particularly non-for-profit hospitals‚ come face to face with swelling difficulties handling cash flow every day. These struggles can be due to variations in economic climate and billing. Research tells us that the cash flow‚ hospitals would normally use for capital expenses‚ are frequently being used to pay for operating costs (Ziegler‚ 2008). Functioning as such‚ causes risky financial circumstances
Premium Health care Hospital Economics
Communication of Electronic Medical Records HCS/490 February 115th 2013 Lillian Preston Communication of Electronic Medical Records Communication in the health care industry is important‚ and to the patients as well. Patients want to see and understand his or her progress when dealing with health care providers. Health care today’s patients want to remain more involved with any paperwork that has been signed or want to know what information is on his or her medical records. Patients or
Premium Health care Medicine Health care provider
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
Premium Health care Health insurance Health economics
Health Care Industry Carrie "Shellie" Cobbs Health Care Administration Capstone HCS 449 John Weiss September 13‚ 2014 Health Care Industry The health care industry is an environment that is competitive and expensive. To be a patient receiving care the urgency is high and at a very critical point to trust a team of strangers with your care possibly even your life. On the other side of that coin‚ treating and interacting with patients is a part of the health care industry because providing care does
Premium Health care Health economics Healthcare
Health Care Utilization Paper HCS/235: Health Care Delivery in the U.S. Health Care Reform The Patient Protection and Affordable Care Act of 2010 (PPACA) was designed to decrease health care costs and require health care access to all U.S. citizens. The Act has the potential for reducing the cost of health care in the United States; however‚ with many risks which could possibly strain the health care system‚ increase debt‚ and decrease the quality of care many are concerned. Access to Care
Premium Health insurance Health care Health economics
Reporting Practices and Ethics Deanna L. Thomas HCS 405 March 8‚ 2015 David Albalat Reporting Practices and Ethics The four elements of financial management are planning‚ controlling‚ organizing and directing‚ and decision making. These four elements will be defined and explained in this paper. Also emphasized will be the accepted accounting principles and the general financial ethical standards. Examples of ethical standards of conduct and financial reporting practices will be explored and notated
Premium Management Finance Economics
Communication in Health Care HCS/325 Communication in Health Care Communication within the health care industry is very important‚ and there are various forms of communication that will be used. It is essential that management communicate with the peers of the industry‚ to make sure that everyone is on a more valid note. Without communication internal and external communication‚ the industry will not be able to obtain the communication methods needed for establishment
Premium Communication Patient Health care provider