Capital Project HCS/571 Capital assets are generally purchased to improve quality of care‚ or to provide needed equipment for a new service or expansion of an existing service. The key element in capital budgeting is that the building or piece of equipment being acquired has a lifetime that extends beyond the year of purchase and it is a capital asset or long-term investment for the hospital. Capital assets are good financial investments for the organization.(Finkler‚ Ward‚ & Baker‚ 2007)
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Reporting Practices and Ethics Paper ChristyLynn Kern University of Phoenix Health Care Financial Accounting HCS 405 Financial management is an important aspect to health care financial planning. There are many financial decisions that are made every day and depending on the accounting records and the different transactions that are occurring. Finance management is something that health care organizations need to pay close attention to. The number one priority of a health care organization
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Budget Management Analysis Juan Vazquez-Nieves HCS 571 August 27‚ 2011 Tamica Lewis Abstract A budget is an instrument used to help managers ensure that the resources used effectively and proficiently toward the goals of an organization. A budget projection can be made on a yearly base depending on previous year or existing one. They can further be broken down quarterly or monthly depending on it use. Generating a budget is complex undertaking‚ and for a budget to be effective the organization
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| | |College of Natural Sciences | | |HCS/320 Version 3 | | |Health Care Communication Strategies | Copyright © 2012‚ 2009
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responsible in maintaining and promoting ethical practice. Some of NATHO’s responsibilities are to have a signed contract from the client. The contract should state clearly all the conditions of possible fees‚ and the terms of payment before submitting without clients consent. In ethical terms of this process NATHO values every client. NATHO believes that the member should fulfill the agreement with the client‚ and the member should not make any promises to the client‚ unless it can be fulfilled. Another
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need to define it.” Critically analyse this assertion in light of the problems associated with the precise definition The study of religion may be as old as humankind itself according to one author. Defining religion is difficult as there are many definitions as there are many authors. The word religion is the most difficult to define because of the lack of a universally accepted definition. Specifically the root meaning of the word religion can be traced to Latin. Relegare or religion means to
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The Medical Board of California is a state agency that manages and controls physicians and other medical professional’s legal issues‚ unethical behavior‚ and misconduct in practicing medicine. The agency’s main objective is to publicly update information on licensing‚ credentials‚ certifications‚ and registration requirements on physicians and other medical professionals meeting federal and state laws and regulations. The most important role of the Medical Board of California is to provide the public
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Leadership Style HCS475 October 14‚ 2013 Kathie Huttegger Leadership Style Leadership can be formal or informal. Formal leadership can depend on the personal skills of an individual or be reinforcing by authority and position. Informal leadership can be expressive in an individual who does not have a specified management role (Sullivan & Decker‚ 2009). Both roles are important to any organization that wants to form a good organizational culture and foundation. Sullivan & Decker (2009)‚ address
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distribution illustrating the 68%-95%-99.7% About 68% of the values fall within 1 standard deviation of the mean… …About 95% of the values fall within 2 standard deviations… …and 99.7% of the values fall within 3 standard deviations. * Definition- about 68% (more precisely‚ 68.3%)‚ or just over two-thirds‚ of the data points fall within 1 standard deviation of the mean. * About 95% ( Simple rule-called the 68-95-99.7 gives precise guidelines for the percentage of data values that
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Risk Management Lynda Villicana HCS/451 March 19‚ 2013 Barbara Smith Risk Management Risk management in long term care creates many different and sometimes conflicting ideas. The general consensus is that risk management is the steps taken by an organization to prevent the possibility of a loss or injury. It is the responsibility of every employee to assist with minimizing the risk of harm. There are five basic steps to identifying and managing risks. 1. Identify the problem 2. Decide
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