Health and Medical Finance and Budgeting Tasks Assignment Solution

Health and Medical Finance and Budgeting Tasks Assignment

Instructions:

Health and Medical Finance and Budgeting Tasks Assignment

PART 1 paper

1. Finance and Budgeting
2. Conclusions and Recommendations

“Medicare Prospective Payment System”

The hospital is reimbursed by the government per procedure and/or treatment by a predefined sum and not by the actual expenses performed for and on a particular patient.

For example – a patient requiring open heart surgery will utilize the services of physicians, nurses, OR, laboratory, pharmacy, and occupies a hospital bed on average for six days. If a certain patient is discharged after four days, the hospital will still be paid the six-day amount. Hence, the incentive to operate efficiently and effectively, enabling the hospital to “save money.”

Based on the services you have decided to provide – at least six, complete the table (GAH Project):

Input services/treatments in column A.

Input estimated and rounded Medicare reimbursement to GAH (in thousands of dollars) for each treatment in column B (assign for each a figure between $10,000 to $60,000).

Your instructor has inputted the projected number of procedures/treatments performed annually at GAH in column C.

Calculate the total income for GAH by multiplying columns B*C in column D.

Your instructor has inputted the GAH Projected Performance percentage, relative to the Federal standard (100%) in column E.

Calculate the total GAH gain or loss by D-(D*E) in column F.

Assume a $250,000 annual miscellaneous expense.

Prepare (based on the table), a forecast of profit or loss for GAH for the first year of operation.

Conclusions and Recommendations.

PART 2

do not attempt to dazzle your audience with psychedelic visual effects, multi colors, and eye-boggling animations.

Do not just copy and paste your case text into the slides.

Focus on the content and what message you want to get across to the board.

Think Audience – Ensure that all slides are viewable (i.e., relevant text in viewable font size.)

“one picture is worth a thousand words” – include graphs, diagrams, etc., as appropriate.

Do not use all caps except for titles.

Keep the background consistent and subtle.

Use only enough text when using charts or graphs to explain; clearly label the graphic.

Keep the design clean and uncluttered. Leave empty space around the text and graphics.

Check the spelling and grammar.

SLP – Organization

The number of slides per module should be about 10-15.

As stated in the course and modular outcomes, you are expected to demonstrate critical thinking and a solid analytical and theoretical knowledge of all previous courses in the program.

Furthermore, emphasis should be inputted on applying what you already know to the task of developing an individual project that reflects synthesis, integration, and real-life application (action plans).

As the environment is of a real-life project team, you will be assessed as to how well you present your work to your company and peers (writing and presentations). based on above work

Finance and Budgeting

PART 3 somewhat detailed executive summary based on both paper and power point.

Health and Medical Finance and Budgeting Tasks Assignment

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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