Hcs/405 health care financial accounting / university of phoenix /

Week 1 Individual

Week One Health Care Financial Terms

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Worksheet

Resources: University of Phoenix Material: Week One Health Care Financial Terms Worksheet

 

Complete the University of Phoenix Material: Week One Health Care Financial Terms Worksheet located on the student website.

Week 2 Individual

Reporting Practices and Ethics Paper

Resources: University of Phoenix Material: Reporting Practices and Ethics Paper Grading Criteria

 

Find two or three articles that address financial reporting practices and ethical standards in health care finance, including the following topics:

 

·         Generally accepted accounting principles

·         Corporate compliance, ethics, or fraud and abuse

 

Write a 700- to 1,050-word paper on the financial management of health care organizations, integrating your research articles.

 

·         Include a summary of the four elements of financial management.

·         Include a summary of generally accepted accounting principles and general financial ethical standards.

·         Provide examples from the articles that reflect ethical standards of conduct and financial reporting practices.

·         Explain the significance of each example.

 

Format your paper consistent with APA guidelines.

Week 2 Individual

Week Two Health Care Financial Terms

Worksheet

Resources: University of Phoenix Material: Week Two Health Care Financial Terms Worksheet

 

Complete the University of Phoenix Material: Week Two Health Care Financial Terms Worksheet located on the student website.

Week 2 Learning Team

Patton-Fuller Income Statement Worksheet

Resource: University of Phoenix Material: Patton-Fuller Income Statement Worksheet.

 

Review the income statements for 2008 and 2009 located in the Patton-Fuller Community Hospital Virtual Organization.

 

1.     Click on the Virtual Organization link on the left column of the student website.

2.     Click on the Healthcare tab and access the Patton-Fuller Community Hospital.

3.     Click the Chief Financial Officer link under the Corporate Officers tab to access the financial statements.

 

Complete the University of Phoenix Material: Patton-Fuller Income Statement Worksheet located on the student website.

Week 3 Individual

Week Three Health Care Financial Terms Worksheet

Resources: University of Phoenix Material: Week Three Health Care Financial Terms Worksheet

 

Complete the University of Phoenix Material: Week Three Health Care Financial Terms Worksheet located on the student website.

Week 3 Learning Team

Financial Statements Review

Resources: Patton-Fuller Community Hospital Virtual Organization and University of Phoenix Material: Financial Statements Review Grading Criteria

 

Review the financial statements, located in the Patton-Fuller Community Hospital Virtual Organization.

 

1.     Click on the Virtual Organization link on the left column of the student website.

2.     Click on the Healthcare tab and access the Patton-Fuller Community Hospital.

3.     Click the Chief Financial Officer link under the Corporate Officers tab to access the financial statements.

 

Write a 350- to 700-word summary that addresses the following:

 

·         Annual report, including the Patton-Fuller financial statements

 

o    How did the audited and unaudited financial statements differ?

 

·         Relationship between revenue sources and expenses on Patton-Fuller’s financial performance

 

o    What is the effect of revenue sources on financial reporting at the hospital?

o    How are the hospital’s revenues and expenses grouped for planning and control?

 

Format your paper consistent with APA guidelines.

Week 4 Individual

Simulation Review

Resources: Health Care Financial Accounting simulation and University of Phoenix Material: Simulation Review

 

Read the instructions in the University of Phoenix Material: Simulation Review located on the student website.

Submit your simulation review to your instructor.

Week 4 Individual

Week Four Health Care Financial Terms Worksheet

Resources: University of Phoenix Material: Week Four Health Care Financial Terms Worksheet

 

Complete the University of Phoenix Material: Week Four Health Care Financial Terms Worksheet located on the student website.

Week 4 Learning Team

Patton-Fuller Ratio Computation

Resource: Patton-Fuller Community Hospital Virtual Organization

 

Review the financial statements, located in the Patton Fuller Community Hospital Virtual Organization.

 

1.     Click on the Virtual Organization link on the left column of the student website.

2.     Click on the Healthcare tab and access the Patton-Fuller Community Hospital.

3.     Click the Chief Financial Officer link under the Corporate Officers tab to access the financial statements.

 

Compute the eight ratios—as shown in Chapter 11—for Patton-Fuller Hospital based on its unaudited financial statements and critique its operating results and financial position. Ratio by ratio, do you agree or disagree with the CEO’s report to the Board? Why or why not?

 

·         Read the Annual Report and the audited financial statements, and re-compute those same ratios using the audited financial statements.

 

·         Consider the financial performance before the audit, and after the audit. What has changed and how significant is that change? What plans should the hospital Board make for next year and the next five years?

Week 5 Individual

Week Five Health Care Financial Terms Worksheet

Resources: University of Phoenix Material: Week Five Health Care Financial Terms

 

Complete the University of Phoenix Material: Week Five Health Care Financial Terms located on the student website.

Week 5 Learning Team

Sensitivity Analysis

Resources: Patton-Fuller Community Hospital Virtual Organization and University of Phoenix Material: Sensitivity Analysis Grading Criteria

 

Review the ffinancial statements, annual report, and budget issues documents, located in the Patton-Fuller Community Hospital Virtual Organization.

 

Create a 12- to 15-slide Microsoft® PowerPoint® presentation that summarizes elements that affect staffing at Patton-Fuller, such as raises in wages and changes in the nurse-to-patient ratio. Include speaker notes.

 

Include the following in your presentation:

 

·         Provide a comparative analysis of the last two years of data.

·         Explain how the 2010 budget assumptions will positively or negatively affect Patton-Fuller.

·         Explain how you may use a trend analysis to plan for staffing at Patton-Fuller.

·         Summarize the trend analysis and how comparative data facilitates forecasting at Patton-Fuller.

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