Assignment:
Financial Terminology Paper
Unit outcomes addressed in this Assignment:
• Review forms of business organizations and ownership, tax laws, third-party payers and managed care.
• Review basic concepts of financial accounting and methods.
• Interpret financial accounting information.
Course outcome addressed in this Assignment:
Evaluate healthcare documents in order to conduct analysis, create financial budgets, and implement strategic plans
Instructions
Locate at least two recent healthcare industry related articles about these financial terms: balance sheet, shareholder's equity, EBITDA, EBITDAM, financial ethics, financial benchmarking, financial trend analysis, and ratio analysis.
Write a 700- to 1,000-word paper in APA format discussing the financial terms you have chosen and its application to healthcare finance. Your paper must include:
• A brief summary of the articles
• An explanation of the financial terms
• A discussion of the terms' application to healthcare finance
• Include at least five references sources
• At least two of the five references must be peer-reviewed references
A peer-reviewed reference is any source that has gone through some kind of peer-review, which means that it has been checked out by other professionals in the field to confirm its quality.
Peer -reviewed sources include:
* Articles in academic journals
* Textbooks from reputable publishers
* Some websites from reliable sources (e.g. government departments, universities, etc.).