Health information financial management

Week6project.docx

Week 6: Course Project: Part 3

Part 3 of your Course Project is due this week. See the Course Project Overview under Introduction & Resources in Module for details about this assignment.

Submit your assignment.

Rubric

Week 6: Course Project Part 3

Week 6: Course Project Part 3

Criteria

Ratings

Pts

This criterion is linked to a Learning OutcomeDocumentation & Formatting

5 pts

Quality work will include a title page, proper in-paragraph citations, budget information, and a bibliography with references from all citations and sources used. Paper and references must be in APA formatting.Quality work will be free of any spelling, punctuation, or grammatical errors. Sentences and paragraphs will be clear, concise, and factually correct.

0 pts

No Marks

5 pts

This criterion is linked to a Learning OutcomeOrganization & Cohesiveness

5 pts

The logical order of the content and the content will be properly subdivided. Include supporting appendices, such as graphs, surveys or any other document pertaining to the topic.

0 pts

No Marks

5 pts

This criterion is linked to a Learning OutcomeContent

20 pts

Assignment states: In this section, you should: identify the overall budgeting goals; identify 3–5 specific budgeting objectives (these should be specific, measurable, achievable, realistic, and have a time element); and Identify specific budgeting strategies for achieving the objectives and goals. This includes: a. Department strategies (what will your department gain?); b. employee strategies (how will you maximize employee work output?); and Promotion strategies (how will you promote your budgeting tactics?). You may also identify an action plan used for implementing your strategies (this typically identifies who will do what by when). Remember, the Health Information Manager is the key player. The length of the budgeting plan component should be 800–1,600 words. You should cite all sources in APA style, both in-text and at the end of the document. You are required to have at least five sources to support your paper. One of these sources may be one of your course textbooks.

0 pts

No Marks

20 pts

Total Points: 30

Week7Connection.docx

Week 7: Connection to the Real World (Stakeholders in Health Delivery Systems)

Complete Practice Exercise 26-2 on page 573 in your course text.

Submit your assignment.

Assignment Exercise 26–2 Study the chapter text concerning stakeholders in health delivery systems.

Required Review the section about internal and external stakeholders and choose one example to study. (Internal stakeholders deliver care, support the care deliverers, or receive the care, while Figure 26–1 lists 12 different types of external stakeholders.)

Research your chosen example. Write a report about what part your chosen entity plays within the system. What strategic relationships can you identify for your research subject? Can you make a map of those relationships?

How much strategic power do you think your chosen example has within the overall internal and external players within a system? Do you think that power is increasing or decreasing? Explain why within your report.

Rubric

Week 7 Homework Practice Exercise and Assignment Exercise 26-2

Week 7 Homework Practice Exercise and Assignment Exercise 26-2

Criteria

Ratings

Pts

This criterion is linked to a Learning OutcomeChoose one internal or external example to study.

10 pts

Answered all questions completely

0 pts

No Marks

10 pts

This criterion is linked to a Learning OutcomeResearch your chosen example. Write a report about what part your chosen entity plays with the system. What strategic relationships can you identify for your research subject. Make a map of those relationships.

10 pts

Answered questions completely

0 pts

No Marks

10 pts

This criterion is linked to a Learning OutcomeStudent discussed the strategic power of their chosen example within the overall internal and external players within a system. Documentation shows that power is increasing or decreasing.

10 pts

Answered all questions completely

0 pts

No Marks

10 pts

Total Points: 30

Page 573:

Assignment Exercise 26–2

Study the chapter text concerning stakeholders in health delivery systems.

Required

Review the section about internal and external stakeholders and choose one example to study. (Internal stakeholders deliver care, support the care deliverers, or receive the care, while Figure 26–1 lists 12 different types of external stakeholders.)

Research your chosen example. Write a report about what part your chosen entity plays within the system. What strategic relationships can you identify for your research subject? Can you make a map of those relationships?

How much strategic power do you think your chosen example has within the overall internal and external players within a system? Do you think that power is increasing or decreasing? Explain why within your report.

Figure 26-1

image1.png

Week6Connection.docx

Week 6: Connection to the Real World (Expand or Reduce Decision)

Krissy McLain is a physician with her own practice. She has developed contracts with several large employers to perform routine exams, fitness‐for‐duty exams, and initial screening of on‐the‐job injuries. She provides 300 exams per month, charging $300 per exam. Under these contracts, she estimates her avoidable fixed cost attributable to the exams is $2,000 per month, and she pays a lab an average of $25 per exam. She has decided she needs to increase profit, so she is considering raising her fee to $325, even though there may be a 10 percent loss in the number of exams she does per month.

Determine the current and predicted

(a) revenues,

(b) variable costs, and

(c) total contribution margin.

What should she be recommended to do? Why?

Rubric

Week 6: Expand or Reduce Decision Homework

Week 6: Expand or Reduce Decision Homework

Criteria

Ratings

Pts

This criterion is linked to a Learning OutcomeStudent determined the current and predicted revenues.

5 pts

Full Marks

0 pts

No Marks

5 pts

This criterion is linked to a Learning OutcomeStudent determined the current and predicted variable cost.

5 pts

Full Marks

0 pts

No Marks

5 pts

This criterion is linked to a Learning OutcomeStudent determined the current and predicted total contribution margin.

5 pts

Full Marks

0 pts

No Marks

5 pts

This criterion is linked to a Learning OutcomeStudent determined the current and predicted total contribution margin.

5 pts

Full Marks

0 pts

No Marks

5 pts

This criterion is linked to a Learning OutcomeThe student made appropriate recommendation with an explanation.

10 pts

Full Marks

0 pts

No Marks

10 pts

Total Points: 30

Week6project.docx

Week 6: Course Project: Part 3

Part 3 of your Course Project is due this week. See the Course Project Overview under Introduction & Resources in Module for details about this assignment.

Submit your assignment.

Rubric

Week 6: Course Project Part 3

Week 6: Course Project Part 3

Criteria

Ratings

Pts

This criterion is linked to a Learning OutcomeDocumentation & Formatting

5 pts

Quality work will include a title page, proper in-paragraph citations, budget information, and a bibliography with references from all citations and sources used. Paper and references must be in APA formatting.Quality work will be free of any spelling, punctuation, or grammatical errors. Sentences and paragraphs will be clear, concise, and factually correct.

0 pts

No Marks

5 pts

This criterion is linked to a Learning OutcomeOrganization & Cohesiveness

5 pts

The logical order of the content and the content will be properly subdivided. Include supporting appendices, such as graphs, surveys or any other document pertaining to the topic.

0 pts

No Marks

5 pts

This criterion is linked to a Learning OutcomeContent

20 pts

Assignment states: In this section, you should: identify the overall budgeting goals; identify 3–5 specific budgeting objectives (these should be specific, measurable, achievable, realistic, and have a time element); and Identify specific budgeting strategies for achieving the objectives and goals. This includes: a. Department strategies (what will your department gain?); b. employee strategies (how will you maximize employee work output?); and Promotion strategies (how will you promote your budgeting tactics?). You may also identify an action plan used for implementing your strategies (this typically identifies who will do what by when). Remember, the Health Information Manager is the key player. The length of the budgeting plan component should be 800–1,600 words. You should cite all sources in APA style, both in-text and at the end of the document. You are required to have at least five sources to support your paper. One of these sources may be one of your course textbooks.

0 pts

No Marks

20 pts

Total Points: 30

Week7Connection.docx

Week 7: Connection to the Real World (Stakeholders in Health Delivery Systems)

Complete Practice Exercise 26-2 on page 573 in your course text.

Submit your assignment.

Assignment Exercise 26–2 Study the chapter text concerning stakeholders in health delivery systems.

Required Review the section about internal and external stakeholders and choose one example to study. (Internal stakeholders deliver care, support the care deliverers, or receive the care, while Figure 26–1 lists 12 different types of external stakeholders.)

Research your chosen example. Write a report about what part your chosen entity plays within the system. What strategic relationships can you identify for your research subject? Can you make a map of those relationships?

How much strategic power do you think your chosen example has within the overall internal and external players within a system? Do you think that power is increasing or decreasing? Explain why within your report.

Rubric

Week 7 Homework Practice Exercise and Assignment Exercise 26-2

Week 7 Homework Practice Exercise and Assignment Exercise 26-2

Criteria

Ratings

Pts

This criterion is linked to a Learning OutcomeChoose one internal or external example to study.

10 pts

Answered all questions completely

0 pts

No Marks

10 pts

This criterion is linked to a Learning OutcomeResearch your chosen example. Write a report about what part your chosen entity plays with the system. What strategic relationships can you identify for your research subject. Make a map of those relationships.

10 pts

Answered questions completely

0 pts

No Marks

10 pts

This criterion is linked to a Learning OutcomeStudent discussed the strategic power of their chosen example within the overall internal and external players within a system. Documentation shows that power is increasing or decreasing.

10 pts

Answered all questions completely

0 pts

No Marks

10 pts

Total Points: 30

Page 573:

Assignment Exercise 26–2

Study the chapter text concerning stakeholders in health delivery systems.

Required

Review the section about internal and external stakeholders and choose one example to study. (Internal stakeholders deliver care, support the care deliverers, or receive the care, while Figure 26–1 lists 12 different types of external stakeholders.)

Research your chosen example. Write a report about what part your chosen entity plays within the system. What strategic relationships can you identify for your research subject? Can you make a map of those relationships?

How much strategic power do you think your chosen example has within the overall internal and external players within a system? Do you think that power is increasing or decreasing? Explain why within your report.

Figure 26-1

image1.png

Week6Connection.docx

Week 6: Connection to the Real World (Expand or Reduce Decision)

Krissy McLain is a physician with her own practice. She has developed contracts with several large employers to perform routine exams, fitness‐for‐duty exams, and initial screening of on‐the‐job injuries. She provides 300 exams per month, charging $300 per exam. Under these contracts, she estimates her avoidable fixed cost attributable to the exams is $2,000 per month, and she pays a lab an average of $25 per exam. She has decided she needs to increase profit, so she is considering raising her fee to $325, even though there may be a 10 percent loss in the number of exams she does per month.

Determine the current and predicted

(a) revenues,

(b) variable costs, and

(c) total contribution margin.

What should she be recommended to do? Why?

Rubric

Week 6: Expand or Reduce Decision Homework

Week 6: Expand or Reduce Decision Homework

Criteria

Ratings

Pts

This criterion is linked to a Learning OutcomeStudent determined the current and predicted revenues.

5 pts

Full Marks

0 pts

No Marks

5 pts

This criterion is linked to a Learning OutcomeStudent determined the current and predicted variable cost.

5 pts

Full Marks

0 pts

No Marks

5 pts

This criterion is linked to a Learning OutcomeStudent determined the current and predicted total contribution margin.

5 pts

Full Marks

0 pts

No Marks

5 pts

This criterion is linked to a Learning OutcomeStudent determined the current and predicted total contribution margin.

5 pts

Full Marks

0 pts

No Marks

5 pts

This criterion is linked to a Learning OutcomeThe student made appropriate recommendation with an explanation.

10 pts

Full Marks

0 pts

No Marks

10 pts

Total Points: 30

Week6project.docx

Week7Connection.docx

Week6Connection.docx

Week6project.docx

Week7Connection.docx

image1.png

Week6Connection.docx

Week6project.docx