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CIS 170 MART Teaching Effectively/cis170mart.com FOR MORE CLASSES VISIT www.cis170mart.com HCA 270 AID Inspiring Minds/hca270aid.com FOR MORE CLASSES VISIT.

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Presentation on theme: "CIS 170 MART Teaching Effectively/cis170mart.com FOR MORE CLASSES VISIT www.cis170mart.com HCA 270 AID Inspiring Minds/hca270aid.com FOR MORE CLASSES VISIT."— Presentation transcript:

1 CIS 170 MART Teaching Effectively/cis170mart.com FOR MORE CLASSES VISIT www.cis170mart.com HCA 270 AID Inspiring Minds/hca270aid.com FOR MORE CLASSES VISIT www.hca270aid.com

2 HCA 270 Entire Course(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com HCA 270 week 1 DQ 1 HCA 270 week 1 DQ 2 HCA 270 Week 2 Assignment: Accounting Practices and Entries HCA 270 Week 2 CheckPoint: Accounting Dartboard HCA 270 Week 3 CheckPoint: Present and Future Value HCA 270 week 3 DQ 1 HCA 270 week 3 DQ 2 HCA 270 Week 4 Assignment Interview Scheduling HCA 270 Week 4 Assignment: Financial Statement Analysis

3 HCA 270 Week 1 CheckPoint: The Four C’s and Five Pillars(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com Resource: Appendix B Due Date: Day 5 [post to the Individual forum] Complete Appendix B, parts I and II. Post as an attachment

4 HCA 270 week 1 DQ 1 FOR MORE CLASSES VISIT www.hca270aid.com Due Date: Day 2 [post to the Main forum] Post your response to the following: What are some of the common roles and functions of financial managers? Describe the basic differences between a comptroller and a treasurer. How important do you think an internal auditor is to an organization? Explain your answer

5 HCA 270 week 1 DQ 2 FOR MORE CLASSES VISIT www.hca270aid.com Due Date: Day 4 [post to the Main forum] Post your response to the following: What types of agency problems do health care organizations in particular have to face? How are agency relationships (such as that between patient and physician) related to cost? What are some possible methods of resolving these agency problems?

6 HCA 270 Week 2 Assignment: Accounting Practices and Entries(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com Accounting practices and principles are at the heart of financial management. To understand the financial transactions of health care organizations, it is necessary to understand the different types of accounting practices and how entries are made and items recorded using each practice. Due Date: Day 7 [Individual forum] Write a 700- to 1,050-word paper in APA format comparing and contrasting the different types of accounting, namely accrual, cash flow, and fund accounting. Be sure to consider the following:

7 HCA 270 Week 2 CheckPoint: Accounting Dartboard FOR MORE CLASSES VISIT www.hca270aid.com Resource: http://corptrain.phoenix.edu/axia/hca_270/hca270aid_darts.ht ml http://corptrain.phoenix.edu/axia/hca_270/hca270aid_darts.ht ml Due Date: Day 4 [Individual forum] Complete the Accounting Dartboard multimedia. Post a screenshot of your score.

8 HCA 270 Week 3 CheckPoint: Present and Future Value(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com Resource: Ch. 5 of the text Due Date: Day 5 [Individual forum] Calculate the future value of the following: $5,000 compounded annually at 6% for 5 years $5,000 compounded semiannually at 6% for 5 years $5,000 compounded quarterly at 6% for 5 years $5,000 compounded annually at 6% for 6 years

9 HCA 270 week 3 DQ 1 FOR MORE CLASSES VISIT www.hca270aid.com Due Date: Day 2 [Main forum] Post your response to the following: Why is time such an important factor in financial matters? How does the frequency of interest compounding, regardless of the rate of interest or period of accumulation, affect the future value of any given amount? Explain your answer. How might you use the principles of the time value of money to your financial benefit?

10 HCA 270 week 3 DQ 2 FOR MORE CLASSES VISIT www.hca270aid.com Due Date: Day 4 [Main forum] Post your response to the following: What are annuities, and why is it necessary to calculate their present value? Why is the calculation of the present value of any future amount important? Why is the present value of any future amount greater when the discount rate is lower? Explain your answers.

11 HCA 270 Week 4 Assignment Interview Scheduling (2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com Due Date: Day 4 [Individual forum] Contact a financial officer in a health care organization, preferably one familiar with the organization’s revenue centers, cost centers, and cost allocation methods, and schedule a meeting for an interview to be completed by Week Six. Post the name and title of the person you are going to interview, and the date and time of the interview, as a message to your instructor

12 HCA 270 Week 4 Assignment: Financial Statement Analysis(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com The analysis of financial statements is critical for determining the financial health of any organization. Financial statement analysis, however, demands a thorough understanding of accounting rules and principles; if the information on these statements is to be interpreted accurately, a firm knowledge of the uses and limitations of these statements is vital. Due Date: Day 7 [Individual forum] Address each of the following points about financial statements and financial statement analysis in a 750- to 1,050-word paper in APA format: HCA 270 Financial Matters for Health Care Professionals Course Syllabus Page 13

13 HCA 270 Week 4 CheckPoint: Ratio Analysis(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com Resource: Table 4-2 on p. 71 of the text Due Date: Day 4 [Individual forum] Compute the following ratios from Arcadia Hospital’s 2005 financial statements: Current ratio Total asset Compare these ratios with the 1999 median for all U.S. acute care hospitals listed in Table 4-2. Answer the following and explain your answer: What was the financial status of Arcadia in 2005? Compute the following ratios from Arcadia Hospital’s 2005 financial statements:

14 HCA 270 Week 5 CheckPoint: Approaches to Valuation(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com Resource: Appendix C Due Date: Day 5 [Individual forum] Review the valuation choices presented in Ch. 6. Complete Appendix C, parts I and II. Post as an attachment.

15 HCA 270 week 5 DQ 1 FOR MORE CLASSES VISIT www.hca270aid.com Due Date: Day 2 [Main forum] Post your response to the following: Compare and contrast adjusted book value with market value. What are some of the strengths and weaknesses of each approach? Which method do you think is more accurate? Explain your answer.

16 HCA 270 week 5 DQ 2 FOR MORE CLASSES VISIT www.hca270aid.com Due Date: Day 4 [Main forum] Post your response to the following: How does discounted cash flow valuation work? How does it differ from the other valuation methods? Why do you think the text refers to discounted cash flow as the valuation method “best justified by financial theory”? Explain your answer.

17 HCA 270 Week 6 Assignment: Financial Officer Interview(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com Resources: Appendix E Due Date: Day 7 [Individual forum] Interview a financial officer within a health care organization. Use the questionnaire provided in Appendix E, and be sure to record in detail the answer to each question (space has been provided for additional questions, but be sure to record any additional questions you ask as well as the responses). Complete part II of Appendix E once all answers have been recorded. Post Appendix E as an attachment.

18 HCA 270 Week 6 CheckPoint: Costs and Cost Control(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com Resource: Appendix D Due Date: Day 4 [Individual forum] Review the classifications of cost presented in Ch. 7 of Financial Management. Complete Appendix D, parts I and II. Post as an attachment.

19 HCA 270 Week 7 CheckPoint: Revenue Variance Analysis(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com Resource: Ch. 8 of Financial Management Due Date: Day 5 [Individual forum] Review variance analysis in Ch. 8 of the text. Determine the revenue variance from Arcadia Hospital’s 2005 budget. Address the following: Is the variance positive or negative? Which is desirable, a positive or negative variance? Why? What do you think are some of the possible causes for this variance? How would you adjust Arcadia Hospital’s 2006 budget in light of your variance analysis? Explain your answer. Post the variance and your answers as a Microsoft® Word attachment

20 HCA 270 week 7 DQ 1 FOR MORE CLASSES VISIT www.hca270aid.com Due Date: Day 2 [Main forum] Post your response to the following: Why is budgeting so important? What are the appropriate uses of a budget? How can budgets be mismanaged or misunderstood? Why do you think the text states that many health care organizations handle their budgets very poorly? Explain your answers

21 HCA 270 week 7 DQ 2 FOR MORE CLASSES VISIT www.hca270aid.com Due Date: Day 4 [Main forum] Post your response to the following: What do you think are some of the more important components of a budget? Why? What are some criteria you would use to choose between a fixed and a flexible budget? Why do you think the use of zero-base budgeting remains uncommon? Explain your answers.

22 HCA 270 Week 8 Assignment: Cash Management Services(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com Due Date: Day 7 [Individual forum] Research the cash management services available at three different commercial banks. Detail the different services available, the features of one particular service you believe to be the best, and the fees involved. Write a 1,050- to 1,400-word paper in APA format addressing the following and explaining each of your answers: What are the advantages and disadvantages of each bank’s offering?

23 HCA 270 Week 8 CheckPoint: Short-Term Financing(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com Short-term financing is essential to the business operations of any organization, and obtaining this financing is an integral part of financial management. Financial managers in health care must have a good understanding of the various types of short- term financing available to their particular organizations. Resource: Ch. 19 of Financial Management. Due Date: Day 4 [Individual forum] Address the following regarding the various types of short-term financing available to health care organizations: Explain the differences between accounts payable and trade credit. Explain the opportunity costs involved with some types of trade credit.

24 HCA 270 Week 9 Capstone DQ(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com Due Date: Day 3 [Main forum] Post your response to the following: What are two principles of financial management that you will likely use in your future career? How will you use them, and why are they important? Explain your answer.

25 HCA 270 Week 9 Final Project: Financial Presentation(2 Sets) FOR MORE CLASSES VISIT www.hca270aid.com Resource: Appendix A Due Date: Day 7 [Individual forum] Create a 15- to 17-slide Microsoft® PowerPoint® presentation detailing the hospital’s current status and comparing this year’s statements with the previous year’s statements. Include the following: Ratio analysis from the 2005 and 2006 financial statements Current ratio Inventory turnover Total asset A comparison of the 2005 and 2006 ratios

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27 HCA 270 AID Inspiring Minds/hca270aid.com FOR MORE CLASSES VISIT www.hca270aid.com


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