Financial Management Simulation
Financial Management Simulation: HCS 571 WEEK 2
Financial Management Simulation – Complete the Financial Management Simulation.
Review your solution from the following sections:
Cost Cutting Measures
Equipment Strategies
Funding Options
Complete the Financial Indicators Decision Making Simulation Form
Submit your completed form as instructed by the facilitator.
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HCS 571 WEEK 3 Ratio Analysis
Write an 800- to 1,000-word paper in which you discuss the value of ratio analysis in decision making for heath care organizations.
Complete the following in your paper:
Include at least two ratios from each major group from the financial statements from your company or a health care company you select.
Provide examples with calculations, and evaluate the meaning of the results related to the financial health of the organization.
Explain the factors that affect the results.
Format your paper consistent with APA guidelines.
Submit your assignment.
HCS 571 WEEK 5 Budget Management Analysis
Write a 1,200- to 1,500-word paper, which includes a cost variance, in which you complete the following:
Determine specific strategies to manage budgets within forecasts.
Compare five to seven expense results with budget expectations, and describe possible reasons for variance.
Recommend three benchmarking techniques and identify those that might improve budget accuracy in future forecasts. Justify your choices.
Format your paper consistent with APA guidelines.
Submit your assignment.
HCS 571 WEEK 6 Sections II, III, & IV of the Capital Project
Section II: Establishing Acceptability
Write a 1,050- to 1,200-word paper in which you include the following:
Complete and discuss the results of the acceptability of the item for key stakeholders.
Respond based on research to the purchase and use of the items at other organizations.
Determine organizational risk and compliance issues related to the purchase and use of the capital item.
Recommend risk avoidance strategies.
Explain management roles and risks in accordance to compliance.
Format your paper consistent with APA guidelines.
Section III: Economic Feasibility
Create a budget that demonstrates the effect of the capital purchase on the service line, including the productivity of the service line.
Complete a financial analysis of the capital expenditure. Provide responses in a Microsoft® Excel® spreadsheet.
Create a pro forma summary sheet showing the net revenue and +cost impact of purchasing this item.
Section IV: Final Project Summary
Write a 1,200-word executive summary for the justification and include it at the beginning of the paper. Attach the financial statement.
Format your paper consistent with APA guidelines.
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