and then developed five research questions to gain a better understanding
of the financial condition of your chosen HSQ; its budget preparation
process; and fiscal planning strategies related to the financial management
of the organization. For this assignment, you will provide thorough responses
to each question and report your key findings.
Instructions
Using the HSQ you identified in the Week 2 activity, use the Strayer Library
and other reputable sources to locate publicly available financial information
that will provide you with the answers to the five questions you developed in
Week 2.
You will then write a three-page paper in which you include each of the
following components:
• Develop an introduction to your chosen healthcare
organization.
o The name of the selected organization and background
information, such as its location, size, focus, services
provided, demographics of patients served, for-profit or
nonprofit status, et cetera.
o Indicate whether the organization has a separate finance
or business department and, if so, who is responsible for
the department.
o Any other information that may help explain the chosen
organization. For example, is it unique in how its finances
are managed? If so, how?
• Develop research-based answers to the five previously
created questions.
.
o A response to each of the five questions you created in
Week 2. This should include specific information pertaining
to the chosen healthcare organization's budget
preparation process, fiscal planning strategies, and how
the financial condition of the organization is routinely
monitored and corrective actions are taken when
necessary.
Assess any differences and similarities between what you
have learned from the textbook, videos, and other readings
with what you have learned in your research.
This is the section of the paper where you assess any
differences between what you have learned in this course
and what is reflected in your research. This is also an
opportunity to identify connections between cost and
quality and explore the interplay of performance
improvement, regulatory compliance, provider
relationships, and payors, Keep in mind that the
background and context of the organization play a role in
how these pieces fit together.
Fig: 1