Healthcare Financial Management IP 5 Date Due 4/16/2013 Scenario You have been hired in the finance department at a large, metropolitan for-profit hospital.
Healthcare Financial Management IP 5 Date Due 4/16/2013 Scenario You have been hired in the finance department at a large, metropolitan for-profit hospital.
Healthcare Financial Management IP 5 Date Due 4/16/2013 Scenario You have been hired in the finance department at a large, metropolitan for-profit hospital. Your duties are very important to the entire hospital in terms of financing operating costs. You are also in charge of 3 employees who work under you to help with the day-to-day accounting activities. Your role in this position includes budgeting, managing the general ledger accounts, utilizing financial formulas to perform accounting activities, and training and development of these 3 employees. This professional career is exciting and challenging, but for you it is enjoyable and rewarding as you work your way up the career ladder toward reaching your goal of becoming the chief executive officer (CEO) of the hospital. Due to limited resources, your organization is faced with the decision of choosing between mutually exclusive projects (i.e., build a rehab. center or build a neonatal wing). Respond to: You have been asked to develop a financial analysis for both of these two projects that are based on the Net Present Value (NPV), Return on Investment (ROI), and Profitability (PI). Then, briefly explain the following concepts and their use/value in assessing the legitimacy of these two mutually exclusive projects: 1. NPV 2. ROI 3. PI 4. Payer (Case) mix Paper Instructions (Delivery Length: Body 3-4 pages, does not include Title, Abstract, or Reference pages) 1. TITLE PAGE. Remember the Running head and TITLE IN ALL CAPITALS 2. ABSTRACT. A brief summary of your paper (Not an introduction). Begin writing in third person voice. 3. BODY/CONCLUSION. The body of your paper begins on the page following the title page and abstract page and must be doublespaced (be careful not to triple or quadruplespace between paragraphs). The type face should be 12pt. Times Roman in regular black type. Do not use color, bold type, or italics except as required for APA level headings and references. The deliverable length of the body of your paper for this assignment is 34 pages. Use inbody academic citations to support your assessments/decisions and analysis are required. A variety (scholarly and/or academic resources) is encouraged; however, a minimum of 3 is mandatory for this assignment. 4. REFERENCE PAGE. References that align with your inbody academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hang indention, italics, and upper and lower case usage as appropriate for the type of resource used. Remember, the Reference Page is not a bibliography but a further listing of the abbreviated inbody citations used in your paper. *Note: Every referenced item must have a corresponding inbody citation.
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