HCS 405 week 1
CHAPTER 1 Introduction to Healthcare Finance
1. Discuss the three viewpoints of managers in organizations.
2. Identify the four elements of financial management.
3. Understand the differences between the two types of accounting.
4. Have you ever seen your company's organization chart? If so, how decentralized is it?
CHAPTER 2 Four Things the Healthcare Manager Needs to Know About Financial Management Systems
5. Have you ever been informed of the information flow in your unit or division?
6. If so, did you receive the information in a formal seminar or in an informal manner, one-on-one with another individual? Do you think this was the best way? Why?
7. Do you know about the chart of accounts in your organization as it pertains to information you receive?
8. Do you work with daily or weekly operating reports? With quarterly reports and statistics?
• Please answer each questions with 150 word with 3 references