may vary from one healthcare organization to another depending on the type of organizational structure and the level of management with the hierarchy. For what type of healthcare organization would you prefer to work? Organic or mechanistic? Explain. Mechanistic structures are mainly for organizations in a stable environment. They are hierarchical in nature with well-defined tasks and central authority. This type of structure works well in an environment where an organization does not need to respond
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Healthcare Organization SWOT Analysis Tina Sampers November 21‚ 2014 CSU Global Campus HCM 560 Dr. David Milen I currently work for a local home care company‚ Angels Care Home Health. Currently‚ I am working on a project in which we are creating a new department that is responsible for the development and implementation of the electronic health record (EHR). Due to the size of the organization and the number of clients‚ the development of the EHR is a daunting and time consuming task. For these
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5 – BALANCE SHEET AND INCOME STATEMENT -Identify the different financial statements (BS*‚ IS‚ Statement of Stockholders’ Equity‚ and related notes) -Identify the different components of the BS (Assets: current and long term; Liabilities: current and long term; stockholders’ equity: preferred stock‚ common stock‚ PIC‚ treasury stock) -Identify the different component of the IS (Gross profit‚ earnings before interest and taxes‚ interest expense‚ income tax expense‚ income from continuing operations
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Liqi wang Accounting Income tax Both Amgen and Gilead are fully disclosed the income tax information according to GAAP requirements. Both companies recorded income tax in financial statement such as income statement and specified the detailed components of income taxes. Amgen recorded income tax based on pretax income‚ applicable tax rate and tax planning opportunities available in various jurisdictions. Gilead’s income provision was computed under liability method. Both
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There are different ways in how two income statements are prepared. For example: the income statement (also known as P&L) of a merchandising company consists of Revenue‚ Expenses (related to the sales volume through the Cost of Goods Sold (COGS) and General & Administrative Expense (G&SA)‚ which all result in Net Income. The income statement of a Service company consists of Service Revenue minus any Expenses related to that service‚ which results in Net Income. Another way to look at it is that
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Stanya Palmaro ITM 350 Dr. Knapp October 28‚ 2014 Risk Assessment: BYOD in Healthcare Organization Introduction: For the past couple of years‚ a policy that allows employees to bring their own personal devices to work has become progressively popular. This policy is known as BYOD‚ an acronym that stands for “bring your own device”. One of the main reasons for the growing usage of the policy is the increase in employee productivity as they are already familiar with the equipment they are using at
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Question 1 1. The following is Addison Corporation’s contribution format income statement for last month: Sales $1‚000‚000 Less: Variable Expenses $ 700‚000 Contribution Margin $ 300‚000 Less: Fixed Expenses $ 180‚000 Operating Income $ 120‚000 The company has no beginning or ending inventories. A total of 20‚000 units were produced and sold last month. What is the company’s margin of safety in dollars? $400 000 10
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ACC501: COMPUTERISED ACCOUNTING TUTORIAL 4 DISCUSSION QUESTIONS i. ‘Why are adjusting entries necessary? Surely they cause too much delay in preparing financial statements‚ and the financial effect of any entries made is immaterial in the long run.’ Respond to this criticism. ii. The owner of a business reviews the income statement prepared by you and asks‚ “Why do you report a profit of only $30 000 when cash collections of $100 000 were received and cash payments for the period totalled only
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Healthcare organizations struggle at times finding candidates that not only meet the standard proficiencies for the job‚ but also have the interpersonal skills needed. Companies can become crippled if the organizational fit of some workers does not match the organizational structure (Montgomery‚ 1996). Human resources and administration must be able to conduct interviews that can identify proficiency‚ work ethic‚ and personality insight (Montgomery‚ 1996). When recruiting it is important to
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become providers in the Medicare program. In order to receive payment from the Centers for Medicare and Medicaid Services (CMS)‚ hospitals are required to meet a set of minimum requirements called conditions of participation. There are three organizations that can accredit hospitals based on the participation requirements– the Joint Commission‚ the American Osteopathic Association (AOA)‚ or the state certification agencies [1]. More than 80% hospitals in the country voluntarily use the Joint Commission
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