HCS 405 Entire Course

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HCS 405 Entire Course Link
https://uopcourses.com/category/hcs-405/
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HCS 405 Week 1 Week One Health Care
Financial Terms 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 

Week One Health Care Financial Terms
Worksheet

 

Understanding health care financial terms
is a prerequisite for both academic and professional success. This assignment
is intended to ensure you understand some of the basic terms used in this
course.

 

Complete
the worksheet below according to the following
guidelines:

 

·        
In the space provided, write
each term’s definition as used in health care management. You must define the
term in your own words.

·        
In the space provided after
each term’s definition, summarize a health care management scenario that
illustrates the importance of the skill, concept, procedure, or tool to which
the term refers. In the scenario, you may wish to consider the following:

 

o   
Why is the skill, concept,
procedure, or tool necessary for accurate record keeping, operational
efficiency, excellent patient services, employee management, regulatory
compliance, reducing costs, forecasting, and so forth?

o   
What successes are enabled by
an adequate understanding or appropriate application of the skill, concept,
procedure, or tool?

o   
What risks or failures are associated
with an inadequate understanding or inappropriate application of the skill,
concept, procedure, or tool?

 

Save the completed worksheet as a Microsoft® Word document
with your name in the file name.

Submit
the file to your instructor.



 



Worksheet

Submitted By:

[Type your name here.]

 




Term


Definition


Scenario




Controlling


 


 




Decision
making


 


 




Organizing


 


 




Planning


 


 




Original
records


 


 




 

 

 

HCS 405 Week 2 Reporting Practices and Ethics
Paper

Resource: 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.

 

 

HCS 405 Week 2 Week Two Health Care
Financial Terms Worksheet

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

Complete the
University of Phoenix Material: Week Two Health Care Financial Terms Worksheet.

Week Two Health Care Financial Terms
Worksheet

 

Understanding health care financial terms
is a prerequisite for both academic and professional success. This assignment
is intended to ensure you understand some of the basic terms used in this
course.

                                                      

Complete
the worksheet below according to the following
guidelines:

 

·        
In the space provided, write
each term’s definition as used in health care management. You must define the
term in your own words.

·        
In the space provided after
each term’s definition, summarize a health care management scenario that
illustrates the importance of the skill, concept, procedure, or tool to which
the term refers. In the scenario, you may wish to consider the following:

 

o   
Why the skill, concept,
procedure, or tool is necessary for accurate record keeping, operational
efficiency, excellent patient services, employee management, regulatory
compliance, reducing costs, forecasting, and so forth

o   
Successes enabled by an
adequate understanding or appropriate application of the skill, concept,
procedure, or tool

o   
Risks or failures associated
with an inadequate understanding or inappropriate application of the skill,
concept, procedure, or tool

 

Save the completed worksheet as a Microsoft® Word document
with your name in the file name.

Submit
the file to your instructor.



 



Worksheet

Submitted By:

[Type your name here.]

 




Term


Definition


Scenario




Balance
sheet


 


 




Statement
of revenue and expense


 


 




Revenue
cycle


 


 




Payer mix


 


 




Revenue


 


 




 

 

 

HCS 405 Week 2 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.


  • Click on the Virtual
    Organization 
    link in the
    "Resources" tab.

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

  • 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.

Patton Fuller Income Statement Worksheet

 

Instructions

 

Review the Patton Fuller income
statements for 2008 and 2009. A link to the Patton Fuller Virtual Organization
is located on the student website.

Complete
the worksheet located below using the 2008 and 2009
Patton Fuller income statements. You must:

 

·        
Calculate the dollar value
change from 2008 to 2009 for each line item.

·        
Calculate the percentage change
from 2008 to 2009 for each line item.

 

Save the completed worksheet as a
Microsoft Word document with your name in the file name.

Submit the file to your instructor.



 



Worksheet

Submitted By:

[Type your name here.]

 




Line
Item


Dollar
Value Change


Percentage
Change




Revenues




Net
Patient Revenue


 


 




Other
Revenues


 


 




Total Revenues


 


 




Expenses




Salaries
and Benefits


 


 




Supplies


 


 




Physician
and Professional Fees


 


 




Utilities


 


 




Other


 


 




Depreciation and Amortization (Non-Cash Expenses)


 


 




Interest


 


 




Provision
for Doubtful Accounts


 


 




Total Expenses


 


 




Operating
Income


 


 




Non-Operating
Income (Loss)


 


 




Investment
Income


 


 




Net Income


 


 




 

 

 

HCS 405 Week 3 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.

Week Three Health Care Financial Terms
Worksheet

 

Understanding health care financial terms
is a prerequisite for both academic and professional success. This assignment
is intended to ensure you understand some of the basic terms used in this
course.

 

Complete
the worksheet below according to the following
guidelines:

 

·        
In the space provided, write
each term’s definition as used in health care management. You must define the
term in your own words.

·        
In the space provided after
each term’s definition, summarize a health care management scenario that
illustrates the importance of the skill, concept, procedure, or tool to which
the term refers. In the scenario, you may wish to consider the following:

 

o   
Why is the skill, concept,
procedure, or tool necessary for accurate record keeping, operational
efficiency, excellent patient services, employee management, regulatory
compliance, reducing costs, forecasting, and so forth?

o   
What successes are enabled by
an adequate understanding or appropriate application of the skill, concept,
procedure, or tool?

o   
What risks or failures are associated
with an inadequate understanding or inappropriate application of the skill,
concept, procedure, or tool?

 

Save
the completed worksheet as a Microsoft Word
document with your name in the file name.

Submit
the file to your instructor.



 



Worksheet

Submitted By:

[Type your name here.]

 




Term


Definition


Scenario




Capital
expenditure budget


 


 




Direct
cost


 


 




Flexible
budget


 


 




Operating
budget


 


 




Responsibility
center


 


 




 

 

 

HCS 405 Week 3 Financial Statements
Review

Resource: Patton-Fuller Community Hospital Virtual Organization

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


  • Click on the Virtual
    Organization 
    link in the
    "Resources" tab.

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

  • 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


    • How did the audited and unaudited financial
      statements differ?


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


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

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




Format your paper consistent with APA guidelines.

 

 

HCS 405 Week 4 Simulation Review

Complete the following tasks before beginning the
simulation:


  • Save and
    print the Simulation Aid document. You will need to reference it as you
    complete the simulation.

  • Review the
    assignment instructions and have an extra sheet of paper ready for taking
    notes as you complete the simulation.



Complete the Health Care Financial Accounting
simulation. In the simulation, you are in charge of a fictitious health care
organization facing financial difficulties. You must complete the following
tasks:


  • Phase 1:
    Capital Shortage - Analyze the working capital shortage presented in the
    simulation

  • Phase 2:
    Funding Options for Equipment Acquisition - Evaluate funding options for
    acquiring medical equipment

  • Phase 3:
    Funding Options for Capital Expansion - Evaluate  funding options for
    capital expansion



Write a 1,050- to 1,400-word
paper analyzing the decisions you made in the simulation. Include the following
in the paper:

 Phase I: Capital Shortage


  • Analyze
    which cost-cutting options you selected and why.

  • Analyze
    which loan option you selected and why.

  • Analyze the
    outcome of your capital shortage decision.



Phase II: Funding Options for Equipment Acquisition


  • Evaluate
    which cost-effective equipment selections you made and why.

  • Evaluated
    the outcome of your cost-effective equipment acquisition decision.



Phase III: Funding Options for Capital Expansion


  • Evaluate
    which source of funding for capital expansion you selected and why.

  • Evaluate the
    outcome of your source of funding for capital expansion decision.



Summary and Conclusions


  • Explain what
    you learned from this simulation.

  • Explain what
    you would do differently if you performed the simulation again.

  • Explain how
    you will apply what you learned from the simulation at your current or
    future job.



Support your ideas, analysis,
and conclusions with references to scholarly external sources, such as the
textbook and journal articles.

 Format your paper consistent with APA guidelines.

 

 

HCS 405 Week 4 Week Four Health Care
Financial Terms Worksheet

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

Complete the
University of Phoenix Material: Week Four Health Care Financial Terms
Worksheet.

Week Four Health Care Financial Terms
Worksheet

 

Understanding health care financial terms
is a prerequisite for both academic and professional success. This assignment
is intended to ensure you understand some of the basic terms used in this
course.

 

Complete
the worksheet below according to the following
guidelines:

 

·        
In the space provided, write
each term’s definition as used in health care management. You must define the
term in your own words.

·        
In the space provided after
each term’s definition, summarize a health care management scenario that
illustrates the importance of the skill, concept, procedure, or tool to which
the term refers. . In the scenario, you may wish to consider the following:

 

o   
Why is the skill, concept,
procedure, or tool necessary for accurate record keeping, operational
efficiency, excellent patient services, employee management, regulatory
compliance, reducing costs, forecasting, and so forth?

o   
What successes are enabled by
an adequate understanding or appropriate application of the skill, concept,
procedure, or tool?

o   
What risks or failures are
associated with an inadequate understanding or inappropriate application of the
skill, concept, procedure, or tool?

 

Save the completed
worksheet as a Microsoft® Word document with your name in the file
name.

Submit
the file to your instructor.



 



Worksheet

Submitted By:

[Type your name here.]

 




Term


Definition


Scenario




Forecast


 


 




Full-time
equivalents


 


 




Noncontrollable
expenses


 


 




Nonproductive
time


 


 




Staffing


 


 




 

 

 

HCS 405 Week 4 Patton-Fuller Ratio
Computation

Resource: Patton-Fuller Community Hospital Virtual Organization

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


  • Click on the Virtual
    Organization 
    link in the
    "Resources" tab.

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

  • 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?


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

  • Considerthe
    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?



 

 

HCS 405 Week 5 Concept Reflection

Reflect on the
following:


  • How might
    financial managers budget for unforeseen changes and improvements in
    information technology that require large capital outlays?



Write a 200- to 350-word response.

 

 

HCS 405 Week 5 Week Five Health Care
Financial Terms Worksheet

Resource: University
of Phoenix Material: Week Five Health Care Financial Terms worksheet.

Complete the
University of Phoenix Material: Week Five Health Care Financial Terms
worksheet.

Week Five Health Care Financial Terms
Worksheet

 

Understanding health care financial terms
is a prerequisite for both academic and professional success. This assignment
is intended to ensure you understand some of the basic terms used in this
course.

 

Complete
the worksheet below according to the following
guidelines:

 

·        
In the space provided, write
each term’s definition as used in health care management. You must define the
term in your own words.

·        
In the space provided after
each term’s definition, summarize a health care management scenario that
illustrates the importance of the skill, concept, procedure, or tool to which
the term refers. In the scenario, you may wish to consider the following:

 

o   
Why is the skill, concept,
procedure, or tool necessary for accurate record keeping, operational
efficiency, excellent patient services, employee management, regulatory
compliance, reducing costs, forecasting, and so forth?

o   
What successes are enabled by
an adequate understanding or appropriate application of the skill, concept,
procedure, or tool?

o   
What risks or failures are
associated with an inadequate understanding or inappropriate application of the
skill, concept, procedure, or tool?

 

Save
the completed worksheet as a Microsoft®
Word document with your name in the file name.

Submit
the file to your instructor.



 



Worksheet

Submitted By:

[Type your name here.]

 




Term


Definition


Scenario




Electronic
health record


 


 




Electronic
prescribing


 


 




Health
information technology


 


 




Situational
analysis


 


 




SWOT
analysis


 


 




 

 

 

HCS 405 Week 5 Sensitivity Analysis

Resources: Patton-Fuller Community Hospital Virtual
Organization

Review the
financial 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.



Submit the presentation to your
instructor.
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