Homework: Health Care Finance and Economics
1) Why are balance sheets important to healthcare organization finance and what area of the balance sheet would you consider the most critical?
2) Comparing organizational costs, which costs does nursing administration have little control over and why? Which costs would be most important if you are expanding your services and considering quality improvement measures?
3) Compare and contrast for-profit and not-for-profit corporate structures based on the information available from a balance sheet and an income statement? Fundamentally, what are the differences?
4) Goodwill and patents are considered what types of assets? Give detailed examples and explain.
5) Compare and contrast assets which are the essential economic lifeblood of a healthcare organization stability. Give detailed examples and explain.
This PowerPoint (Microsoft Office) or Impress (Open Office) presentation should be a minimum of 20 slides, including a title, introduction, conclusion and reference slide, with detailed speaker notes and recorded audio comments for all content slides. Review and use at least four scholarly sources to support your perspective and make certain to review the module's rubric before starting your presentation.
Leger, M. & Dunham-Taylor, J. (2018). Health care financial management for nurse managers: Merging the heart with the dollar (4th ed.). Boston: Jones & Bartlett.
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.