Project #105681 - healthcare Management

I need all 8 questions answered separately, using the book I will upload with at least a 200 word response.

My email is reddudecatdog@yahoo.com

 

Q1: Using the example balance sheet and statement of operations (Tables 2.2 and 2.3) provided in Chapter 2, calculate the three bond repayment ratios. Use your calculations to comment on the financial condition of Ridgeland Heights Medical Center.

Q2: Everything in the hospital needs to be replaced. What a statement that is to make, but it is true! Every piece of equipment, every piece of furniture, every mechanical system, the hospital roof, the heating and air conditioning system, even the hospital building itself eventually needs to be replaced. Of course, not all of that can be done in one year's budget. As a healthcare administrator, how will you determine how much money you can spend on capital replacements and upgrades in a particular year? Explain the three approaches to determining capital affordability

 

Q3: Why is financial ratio analysis crucial for understanding the financial position of a healthcare organization? Select any three of the commonly used financial ratios, provide the formula, and briefly explain what it tells us about the status of the healthcare facility.

 

Q4: Explain the difference between fixed and variable costs for a healthcare organization. Provide and discuss at least one example of a fixed cost in health care and one example of a variable cost in health care.

 

Q5: Describe the key issues associated with managed care and its reimbursement methods. How does managed care impact hospital net revenues?

 

Q6: Explain how to calculate the allowance for doubtful accounts and the bad-debt expense in a hospital.

 

Q7: Review Exhibit 5.1, Office of Inspector General Work Plan: Selected Areas for Review in Billing and Claims Processing, Fiscal Year 2013, on pages 156-158 of your textbook, and discuss actions that a healthcare organization can take to eliminate or reduce government penalties under this plan.

 

Q8: A key aspect of the Patient Protection and Affordable Care Act is rewarding hospitals for strong performance and penalizing them for quality issues, such as high infection rates and high readmission rates to the facility. Explain the details of how PPACA rewards and punishes hospitals for their performance.

 

 

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Due By (Pacific Time) 02/02/2016 02:00 pm
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