HSA 525 Week 4-11 Discussion Questions

HSA 525 Week 4-11 Discussion Questions

HSA 525 Week 4-11 Discussion Questions,

HSA 525 Week 4 Discussion,

HSA 525 Week 4 Discussion,"Inventory Analysis and Optimizing Staffing"

"Inventory Analysis and Optimizing Staffing" Please respond to the following:

Recommend a strategy for financial administrators to balance the tension between having inventory on hand when it is needed versus the carry cost to the organization. Provide support for your recommendation.
Assume that you are a health care administrator in a hospital, and you are responsible for staffing levels. Suggest an approach to staffing for 24/7 coverage that optimizes patient care, minimizes cost, and produces the highest level of employee satisfaction. Provide support for your rationale.
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HSA 525 Week 5 Discussion,

"Managed Care Contracting and Ratio Analysis" Please respond to the following:

From the scenario, interpret the operating indicators used to analyze the financial performance of the organization. Indicate specific ways in which this information will help management improve the performance of the organization. Provide support for your rationale.
Assume that you are a hospital administrator, and one of your responsibilities is selecting financial ratios to be included on your management dashboard. Determine the two (2) most critical financial ratios for you to monitor at your facility, and indicate how each of these ratios would help you assess the current performance of your facility. Provide support for your rationale.
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HSA 525 Week 6 Discussion,

"Using Ratios as Performance Indicators and Inflation and Health Care Costs" Please respond to the following:

Suggest one (1) key financial ratio that a health care administrator should create a trend analysis for. Suggest one (1) key insight that may be gained by the administrator in regard to the performance of the organization. Provide support for your rationale.
Use the Internet or Strayer databases to research the current and projected inflation rates and the related impact expected on health care costs. Next, assess the level of importance of one (1) key driver of the inflation of health care costs. Indicate how this inflation can be managed strategically in the future to minimize the financial impact. Provide support for your rationale.
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HSA 525 Week 7 Discussion,

The Budgeting Process and Capital Investment Decisions" Please respond to the following:

Use the Internet or Strayer databases to research information related to the budgeting processes within the various types of health care organizations. Next, determine the most-effective budgeting approach for a hospital, indicating how this approach can lead to effective financial management of the facility. Provide support for your rationale.
Assume that you are an administrator for a hospital, and you need to acquire a new technology system so that you may comply with regulatory requirements. Create an argument to be presented to the leadership team in which you justify the need for your facility to invest in this new technology. Then indicate the value to the organization and provide support for your argument.
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HSA 525 Week 8 Discussion,

"Contract Negotiations and Risks and Operating Margins" Please respond to the following:

In the scenario, the contract negotiations between North Creek Healthcare and the community hospital concluded with an agreement on non-financial (legal) terms. Suggest the most critical element of the contract and the impact to the short-term and long-term operational strategy of a community hospital. Indicate the potential implications to the hospital’s financial targets.
Imagine you work for a hospital where the operating margins have been consistently below national norms for the past three (3) years. Discuss one (1) key driver of the below average performance. Suggest one (1) strategy to improve the future management of the driver that you’ve discussed.

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HSA 525 Week 9 Discussion,

"Leasing Equipment" Please respond to the following:

Suggest one (1) key economic factor that motivates leasing as an option in acquiring an asset. Explain the potential asymmetries that may exist where leasing may be beneficial to both the lessors and the lessee.
Determine one (1) significant benefit to an organization that decides to lease an asset that conventional lease analysis evaluation reveals has a negative Net Advantage to Leasing (NAL). Provide a real-life scenario that supports your answer.
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HSA 525 Week 10 Discussion,

Strategic Planning and Business Plan" Please respond to the following:

Ascertain the importance of strategic planning for an organization. Next, suggest one (1) strategy you may use to structure the strategic planning session for a not-for-profit mid-sized health organization that is competing with several for-profit facilities
in the area. Then determine your approach to communicate the mission, vision, and value statements for the strategic planning. Provide a rationale for your response.
Use the Internet or Strayer databases to research articles on business plan creation within health organizations. Next, based on your research and analysis, recommend three (3) best practices of business plan creation and support your response.

HSA 525 Week 11 Discussion,

"Future Developments and Future of Financial Management" Please respond to the following:

Reflecting on the various topics discussed throughout the course, describe one (1) concept that will be affected most by the latest developments in health reform.
Examine at least two (2) specific changes that you anticipate in the role of the health care financial manager over the next decade.
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HSA 525 Week 4-11 Discussion Questions