Response to EACH question must be a minimum of 200 words:
Question 1. In your own words, provide a brief summary explaining the ethical factors that have been beneficial to creating our healthcare delivery system.
Question 2. Summarize the effect of health literacy on the healthcare system.
Question 3. Provide an example of a bioethical issue, and explain what ethical principle or principles are most appropriate for resolving the issue.
Book used is Morrison, E. E., & Furlong, B. (Eds.). (2014). Health care ethics: Critical issues for the 21st century (3rd ed.). Burlington, MA: Jones & Bartlett Learning.
Question 4. What is meant by a pro forma financial statement? How are pro forma financial statements utilized in determining whether a major proposed project for the healthcare organization should be approved or not? Provide at least two examples of healthcare projects that should be analyzed by pro forma statement before making a go or no-go decision.
Question 5. It is important to understand the annual calendar of healthcare finance. Truly, everything that happens in this field is an annual cycle. Describe how healthcare managers begin to operate within this annual cycle, living within the finance committee and board of directors' calendar.
Question 6. Consider the Ridgeland Heights Medical Center (RHMC) actions presented on pages 11 and 12 of your textbook. The medical center is trying to counter a dwindling inpatient census at the facility. What do you think of the three strategies proposed here? Can you think of any other strategies that RHMC should consider here?
Question 7. The demand for healthcare administrators has gone up substantially over recent decades, as has the salary range for the position. The job of managing healthcare facilities has become more challenging and more important than ever before. How would you describe the dual purpose of financial management in health care today?
Book used Berger, S. (2014). Fundamentals of health care financial management: A practical guide to fiscal issues and activities (4th ed.). San Francisco, CA: Jossey-Bass.