ii want some one who has a background of the finafinincal course

EC#2 Health Care Magazine Review Student’s Name MGMT 578 Date

Positions Offered

Source: HFMA JOB BANK ONLINE

Sr. Financial Analyst

Job ID:	5450784
Position Title:	Sr. Financial Analyst
Company Name:	Cedars-Sinai
Industry:	Healthcare
Job Function:	Financial Professional
Entry Level:	No
Location(s):	Los Angeles, California, 90001, United States

Posted: April 30, 2009 Job Type: Full-Time Job Duration: Indefinite Min Education: BA/BS/Undergraduate Min Experience: 5-7 Years Required Travel: 0-10% Salary: Yearly Salary

APPLY FOR THIS JOB
Email Address: [email protected]
Apply URL: http://www.csmc.edu/careers

Job Description

Cedars-Sinai has an immediate opening for a Sr. Financial Analyst position.  Position is responsible for preparation and analysis of the labor trend and productivity reports, program profitability analyses, recurring internal reports, external surveys, and ad-hoc financial analyses of departmental areas.

Job Requirements

Advanced skills in Microsoft Excel required.  Considerable experience with advanced relational database systems, using software such as Business Objects and/or Hyperion Brio to access database information.  Healthcare industry experience preferred but not required.  BA degree with a major in Finance, Economics or Accounting  (or equivalent experience); MBA, CPA or CMA preferred but not required.  Five years minimum relevant financial analysis experience.

 

Please forward your resumes to [email protected].  Also please create your on line profile atwww.csmc.edu/careers and attach it to job number 1075. EOE

Articles Read

Source: HFMA NEWS ONLINE

1) Friday, May 08, 2009

Proposed HHS Budget Establishes $635 Billion Fund for Health Reform

2) Wednesday, May 06, 2009

Sebelius Calls on Hospitals to Reduce Hospital-Acquired Infections with $50 Million in Grants

3) Source: HOSPITALS AND HEALTH NETWORKS ONLINE

Time for Turnaround

This article 1st appeared on May 4, 2009 in HHN Magazine online site By Joe Flower

Summary

In the midst of a severe recession, the opportunity to improve the state of the health care system has never been more apparent. The American Recovery and Reinvestment Act of 2009 has the potential to implement the changes needed. The high cost, the erratic coverage, and the low quality of healthcare are the problems we are currently facing. The reforms will require the involvement of a multitude of people in different disciplines.

The first solution is to be able to cut costs and improve the quality of service. Cost controls and process improvements via digitization and automation will go hand in hand. To accomplish this necessitates teamwork and strong leadership.

The Health Information Technology for Economic and Clinical Health (HITECH) Act will be providing $36 billion to digitize and automate the systems to assist physicians and nurses.

Nursing is one factor that needs to be addressed. Nurses need to be involved in the process of improvement. Instead of cutting staff, reducing hours, and transferring responsibilities to lower paid staff, there is a better way. Paperwork, documentation and processes can be automated to make tasks faster. Jobs and processes would be redesigned to maximize the value of the nurses and have them spend more time nursing.

The physicians also need to be involved to accomplish a more seamless digital integration. Some form of resistance is expected and needs to be overcome. Assisting the physicians is crucial since their involvement in the process will prove to be indispensable.

In the end, we strive to achieve better health care for everyone at the lowest possible cost. It makes good management and business practice. The stimulus package will enable us to accomplish the needed changes and improvements to our badly ailing health care system.