Cost Allocation Methods

Cost Allocation Methods
Using your text and at least one additional scholarly source, explain common cost allocation methods including the direct allocation method and the step-down method.  In your paper, explain the common cost allocation methods for patient-level costs, including relative value units, ratio of cost to charges, and activity-based costing. Your paper should be two to three double-spaced pages in length and formatted according to APA style as outlined in the Ashford Writing Center.
Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.

 

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Break Even 


Break Even 
Using the example of “From the Front Lines” in Chapter 6 of your text, calculate the break even for the number of procedures.  Use an electronic spreadsheet to show ow you computed the break even and embed the spreadsheet in your paper.  Discuss the impact of the various reimbursements (e.g., Medicare, Medicaid, private, or self-pay).  Think about your upcoming capital proposal and how you might use the break-even analysis in your Capital Investment Plan Proposal.  Your paper should be one to two double-spaced pages in length.
Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment. Capital Investment Plan Proposal Topic

 

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Microeconomic: Externalities

a) What are the external costs as opposed to internal costs?  When external costs are present, what is likely to be the relationship between the market output of a good and the ideal of economic efficiency?  What positive role can government play to reach more efficient market outcomes?

b) Give one example of a negative externality that you have encountered in your life/worklife, describe how that affects you, and give suggestion on what you think should have been done with it.

c) Give one example of a positive externality  that you have encountered in your life/worklife, describe how that affects you, and give suggestion on what you think need to be done to maintain it.

 As a guideline, each of the 10 points will be derived from the following:

  1. Post your answer (400-500 words) to the posted DQ responding to the matter asked, instead of repeating the question or not attending to the question. Substantive answers include making comments using concepts found in the assigned reading materials or offering examples from your experience. Hence merely providing a brief “yes, I agree” or “no, I do not agree” postings are not adequate posts
  2. Write in correct grammar; any errors will translate to a deduction in points.
  3. Check for the spelling; any errors will deduct points.
  4. Your responses must be substantive that include your own thoughts, supported with research (at least two external sources other than textbook, and you must quote these sources).
  5. You get one point when you respond to one of your classmates’ posts, also with substantive comments (100-200 words).
  6. One more point when you respond to another classmate’s post (100-200 words).
  7. One point for collaboration.  It is intended that your involvement in discussions be of a collaborative nature. Collaboration spirit is quite different from confrontation.
  8. Deadline: due date for each DQ will be on Monday night 11.55pm, but you are free to make your comments prior to Monday night.  One point will be deducted for each day of late submission.
  9. Offer a creative solutions in addition to the obvious socio-economic impacts of each topic, such as environment, politic, or other issues.  
  10. Offer a future recommendation or alternative options for the future with regard to the topic in question.

The post Microeconomic: Externalities appeared first on graduatepaperhelp.

 

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Capital Investment Plan Proposal Topic

Capital Investment Plan Proposal Topic 

A capital investment plan is a document that is typically prepared  to obtain funding and/or financing.  For your Final Project, which is due in Week Five, you will assume the role of a department manager who is seeking funding/financing for a capital investment, and you will create a capital investment plan to present to your chief financial officer  and board .  In the scenario you choose, you may be looking to expand in an existing department, or you may focus on a brand new capital investment for a new service line.  For this assignment, address the following points as they pertain to your selected capital investment:

  1. Executive Summary: State the purpose of the report and describe the major points of the report.
  2. Service and/or  Equipment Description: This section should be at least one page. 
  3. Establishing the Team: This section should be at least one page. Include  a chart that illustrates the structure of the capital investment team.  In addition, provide a summary of your team (background, responsibilities, etc. ) as it pertains  to your selected business.

Addressing these points  will help you as you begin to develop your capital investment plan. Your paper should be two to three  double-spaced pages in length, excluding the title and reference pages.  Format your paper according to APA style as outlined in the Ashford Writing Center.
Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment. 

 

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Measures for Success

Measures for Success 
Financial managers may work alongside general services managers to address certain measures of liquidity. How might a financial manager and the department administrator for your chosen capital investment plan work together to make an effort on reducing days in accounts receivable?  If you are successful with your financial performance and are paid a bonus based on  profitability , which measure should be used?
Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.

 

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Operating Budget

Operating Budget
Review the information from your text and at least one scholarly source on capital investment plans. 

In a one- to two-page paper, which will be included in your Final Project, explain why your manager or the board would or would not accept a proposal for the capital investment. List at least three arguments that could be used for or against the proposal.  In other words, what will the intended audience be looking for when reviewing the proposal?
Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.

 

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Capital Expenditure Proposals

Capital Expenditure Proposals 
Complete the following sections for your capital investment proposal: 

Your paper needs to be two to three pages in length (not including the title and reference pages) and formatted according to APA style as outlined in the Ashford Writing Center.  You must use the textbook and at least one scholarly source per area. Cite and reference your sources in APA format as outlined in the Ashford Writing Center.  The details in this paper can then be converted to your speaker notes on your PowerPoint presentation for the Final Project.

Key Strategic Goals: one page minimum, include specific funding sources for the capital investment.

Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.

 

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Final Project

Final Project
For your Final Project, you will create a capital investment plan proposal utilizing the health care business you selected in Week One as well as the answers to the Basic Information questions.  Refer to the websites for Sample Business Plans.  Create a capital investment plan proposal for your health care company that includes the following sections:

  1. Executive Summary: This section is a concise, one- to two-page/slide summary of a business report. It restates the purpose of the report, highlights the major points of the report, and describes any results, conclusions, or recommendations from the report.
  2. Service and/or Equipment Description: This section should be at least one page/slide. Describe the service or equipment suggested in the business proposal and the reasons why this is socially and politically beneficial for the community in meeting consumer demands.
  3. Establishing the Team: This section should be at least one page/slide and include a chart that illustrates the structure of the capital investment team.  In addition, provide a summary of your team (background, responsibilities, etc.).
  4. Key Strategic Goals: This section should be at least one page and include specific funding sources for the capital investment.
  5. Financial Analysis: Projected income statement and types of assumptions made to compute the figures. 
    • Typical income statement assumption information requirements.  Initial investment
    • What types of revenue will be generated from the capital investment?  Will insurance reimburse?  If so, discuss the impact of the various reimbursements (e.g., Medicare, Medicaid, private, or self-pay).
    • How many services will be offered to produce the revenue (by month)? Look at patient days.
    • How much labor will be required (FTEs)?
    • What will the labor cost?
    • How many (and what types of) supplies and/or devices will be required to offer the service?
    • What will the supplies, drugs, and/or devices cost?
    • How much space will be required?  Are renovation costs involved?
    • What will the required space occupancy cost?
    • What is the life of the equipment (if applicable) and the cost of maintaining the equipment?
      • Cash flows:
      • Payback period
      • Internal rate of return
      • Assume discount rate of 8% and 6% respectively for comparison purposes.

Submit your proposal using a presentation tool such as PowerPoint. Your Capital Investment Plan Proposal should include a title page/slide and table of contents (section names and page numbers). In addition, include detailed speaker notes that are grammatically correct.  You may also submit a written report to go along with your presentation, but you should still include detailed speaker notes.

Completing the Final Project

The Final Project:

1.                  Must be 8 to 10 double-spaced pages/slides in length, and formatted according to APA style as outlined in the Ashford Writing Center.

2.                  Must include a title page/slide with the following:

a)      Title of project

b)      Student’s name

c)      Course name and number

d)     Instructor’s name

e)      Date submitted

3.                  Must begin with a succinct thesis statement.

4.                  Must address the topic of the project with critical thought.

5.                  Must end with a conclusion that reaffirms your thesis.

6.                  Must use at least four scholarly sources that are cited according to APA format as outlined in the Ashford Writing Center..

7.                  Must include a separate reference page/slidethat is formatted according to APA style as outlined in the Ashford Writing Center. 

Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.

 

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Statistical Assessment of Two Research Reports

Statistical Assessment of Two Research Reports
The book we use is
Keller, S. P., & Kelvin, E. A. (2013). Munro’s statistical methods for health care research (6th ed.). Philadelphia, PA: Lippincott Williams & Wilkins.

Assigment instructions

Examine two research articles which incorporate a statistical analysis discussed in this course but not previously examined in your submission of activity 1 or 2.
Briefly summarize and report on each statistic and discuss whether the assumptions of each test were met and if the type of data was appropriate for each statistical test.
Include the following sections in your paper:
Section I – A Review of the Data Analysis:

Provide a discussion of the following elements:

What is the problem or question(s) this research concerns?
Give a brief overview of how the data were collected.
What is the source of data? (i.e., questionnaire, physiological data, existing statistical information, etc.). In some studies there are two or more sources of data.
List the independent and dependent variables
Discuss sample size estimation. Consider the following
Was a power analysis conducted?
Was the sample size appropriate for the statistical test? Why or why not?
Describe the statistic used to measure the hypotheses/research questions.
How is this appropriate?
How were assumptions met?
Is the level of measurement appropriate? Why or why not?
Discuss how the data were displayed (i.e., graphs, tables)
Were these appropriate? Why or why not?
Section II – Data Analysis Evaluation:

What did the data analysis show?
What conclusions were drawn by the authors?
Do you agree or disagree with the conclusions? Why or why not?
Were the study limitations discussed? What were the limitations if any? How did the authors deal with the limitations?
Give your overall evaluations of the methods used in this article, including a discussion of the following questions:
What things were done well?
What were done poorly?
How much trust do you put in the findings?
Section III – Understanding the Data:

Provide a discussion of the usefulness of each study to your nursing peers.
What might they think of the study?
What might they find confusing?
What aspects of the studies might they question?
Summarize why you think the studies do or do not provide sufficient evidence to change practice.
Summarize your thoughts related to the usefulness of the statistics.
Your paper must be:

4-12 pages, excluding cover page;
composed using Microsoft Word;
typed in Times New Roman, font size 12.
This and all papers should be written in APA format and follow standard rules of grammar and formatting.

 

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