HCA 530 Topic 1 Discussion Question 1
Describe the components of a corporate compliance plan. What is an example of an internal control? Why is this important?
HCA 530 Week 1 DQ 2
You are the director of the respiratory department at a large hospital. You were told by the finance department you are over budget in expenses. What stakeholders and other roles in the hospital would you collaborate with to determine why expenses are high? What is the rationale for who you selected?
HCA 530 TOPIC 2 DQ 1
Understanding financial statements are key to the success of any organization. How do financial statements relate to the mission statement of an organization? Explain how they aid in the mission of the organization.
HCA 530 Topic 2 DQ 2
Describe what a balanced scorecard and dashboard is and how they help an organization analyze financial performance. Please provide an example of one and what it tells the organization about its financial viability.
HCA 530 TOPIC 3 DQ 1
How would you react to a physician who wants the organization to purchase a new piece of technology that the competing hospital already has so he can bring his patients to your hospital rather than the competition? What factors would you consider in evaluating the wisdom of supporting his request?
HCA 530 Topic 3 DQ 2
You are the manager of a medical-surgical unit and was informed you were over budget in FTEs based on the average daily census. What steps would you take to determine how to correct this variance? What departments or roles would you include to help formulate a plan and correct for the future?
HCA 530 Week 4 DQ 1
Increased demand for health care services leads to an increasing need for health care organizations to be cost efficient. What are the factors that impact an organization’s financial viability?
HCA 530 Week 4 DQ 2
The Patient Protection and Affordable Care Act established a pilot program to expand the use payment bundling for better coordinated care for Medicare beneficiaries. What impact does payment bundling have on health care costs?
HCA 530 Topic 5 DQ 1
The health care organization you are an administrator for is seeing a continual drop in operating income for the last 5 years. What steps would you take to analyze the situation in order to develop a strategic plan to address the drop in operating income? Remember that operating income considers both revenue and expenses.
HCA 530 Week 5 DQ 2
Explain the effects that inflation can have on a health care organization and how it should be accounted for in terms of financial and strategic planning.
HCA 530 Week 6 DQ 1
Health care organization often need capital in order to grow and remain sustainable. Explain the two types of financing that can be used and how it may differ for non-profit and for profit organizations.
HCA 530 Topic 6 DQ 2
Cash is just one asset among many that would be on a financial balance sheet and proper cash management is arguably more important in the health care industry than in many other industries. Explain what cash management is and its relationship to the cash conversion cycle and why cash management is so important in the health care industry.
HCA 530 Week 7 DQ 1
Which of the following types of costs would be the most challenging for a clinical department versus a nonclinical department: total cost, fixed cost, variable cost, average total cost, or marginal cost? Explain your reasoning.
HCA 530 Topic 7 DQ 2
High deductible health plans have increased over the past few years. How are these different than the traditional health plans? As a consumer, which plan would you prefer and why?
HCA 530 Topic 8 DQ 1
Compare and contrast the public interest and special interest theories that describe the motivation behind government intervention in the health care market. Which theory do you believe is the most accurate? Why?
HCA 530 Topic DQ 2
What is the information imperfection in health care and how does it impact the efficiency of the market?