University of the Cumberlands Week 7 Healthcare Operating Budget

University of the Cumberlands Week 7 Healthcare Operating Budget

Description

In this course project, you will be asked to design an operating budget for a healthcare organization. For a for-profit entity, you can find the financial statements and any additional information on one of the many sites where such information is available, such as Zacks Investment Research, Yahoo Finance, MarketWatch, etc. For example, search the site with HCA Holdings’ ticker symbol (“HCA”) and then look for the “Financial” tab or section when you come to the sites HCA Holdings page. For the not-for-profit entity, you can locate a local, regional, or national nonprofit, religious-based healthcare system, and download and review the financial statements.

Project Objectives

To successfully complete this project, you will be expected to:

Apply fundamental concepts and practices of financial management and accounting to a healthcare organization.
Analyze financial statements and other reports to evaluate the overall operational and financial stability of a healthcare organization.
Demonstrate an understanding of how financial indicators are used to make assumptions about future financial performance.
Demonstrate an understanding of how operational indicators are used to make assumptions about future operational performance.
Design an operating budget for a healthcare organization.
Develop recommendations for a healthcare organization that are
supported by financial and operational analysis and indicators.

The greatest value in a course comes from applying the concepts, theories, and principles explored during class. The operating budget project will be graded according to the criteria below and is worth 30% of your total grade. This project gives you an opportunity to select a healthcare organization with which you are familiar, analyze the operations and design an operating budget for the organization. Then, drawing on the concepts and principles from readings, exercises, current events, and class discussions, develop an operating budget project in which you:

Introduce the healthcare organization (background):
Define the operating and financial condition,
Analyze the organization using financial and operational indicators,
Search the literature for operational benchmarks of healthcare organizations and do a comparative analysis,
Offer assumptions,
Develop an operating budget to address financial and operational conditions; and
Develop a conclusion

Our Service Charter

1. Professional & Expert Writers: Assignment Geeks only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Assignment Geeks are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Assignment Geeks is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Assignment Geeks, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.