Eight Basic Ratios Used in Health Care Carrie "Shellie" Cobbs Health Care Financial Accounting HCS 405 Robert Hammer November 10‚ 2013 Eight Basic Ratios Used in Health Care Solvency Ratios 5. Debt Service Coverage Ratio (DSCR) is figured Unrestricted Net Assets + Interest + Depreciation / Maximum Annual Debt Service DSCR 2009 (Unaudited) 627 + 3708 + 36‚036 = 40‚371 40‚371 / 14‚609 = 2.76 DSCR 2008 (Unaudited) 15‚846 + 3597 + 24‚955 = 44‚398 44‚398 / 4‚195 = 10.5 DSCR 2009 (Audited) 36‚036 + 3‚708
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March 21‚ 2011 HCS/ Healthcare Financial Accounting Todd A. Brown Reporting Practices and Ethics Crime and corruption is unfortunately a reality and financial management is not an exception. Unfortunately there are people out there that do not adhere to the general accepted accounting principles or ethical standards. When not following the standards theft‚ embezzlement‚ and fraud occur. Financial managers of an organization need to follow the four basic elements of financial management in order
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Request for Project (RFP) Organization: Patton-Fuller Community Hospital Requester: CEO Background of Request Patton-Fuller Community Hospital is looking to upgrade its current network architecture over the next 5 years. As a result‚ it is imperative that a complete review of current architecture is completed and a revised network design is developed to include both proposed upgraded hardware and software. As the CIO for the hospital‚ it is your responsibility to complete this project
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Patton Fuller Community Hospital (PFCH) has been a not for profit healthcare facility since 1975 with a focus on providing the highest quality of healthcare. PFCH specializes in the following services; emergency medical care‚ specialized surgical procedures‚ baby delivery and prenatal care‚ physical therapy‚ and has a well-established radiology department. Being one of the primary healthcare facilities in their area‚ PFCH has raised the bar by providing a diverse selection of health programs that
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Patton Fuller Networking Project Patton-Fuller Community Hospital Networking Project shawn williams IT Infrastructure Tammy lee November 24‚ 2011 Patton-Fuller Community Hospital (PFCH) was established in 1975 and is a for-profit hospital dedicated to serving the needs of its community by providing quality medical care. PFCH operates a 600-bed full-service hospital‚ providing a variety of programs (Apollo Group‚ 2006‚ 2010‚ 2011). PFCH uses several network systems‚ including
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Simulation Review Paper Denise Coleman HCS/405 May 4‚ 2011 Mrs. LaDonna Battle Simulation Review Paper In this paper the author will discuss the financial accounting from the Cardiac Care Hospital. The author will describe the cost- cutting options that were selected‚ the loan option‚ and the outcome of the decisions made. There will be some cost equipment and a source of funding that will determine how to save the company money without affecting the quality of the care of patients
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Reporting Practices and Ethics Paper HCS/405 November 25‚ 2013 Jay Christensen Reporting Practices and Ethics Financial Management is a fundamental part of successful healthcare financial planning. Financial decisions are a necessary part of day to day operations of any size or type of health care facility. These decisions are made in accordance with the facilities fiscal objectives and accounting practices. It is important that the individuals making these decisions follow proper reporting
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University of Phoenix Material Week Three Health Care Financial Terms Worksheet Understanding health care financial terms is a prerequisite for both academic and professional success. This assignment is intended to ensure you understand some of the basic terms used in this course. Complete the worksheet below according to the following guidelines: In the space provided‚ write each term’s definition as used in health care management. You must define the term in your own words. In the
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Information System Briefing Michaelee Cadestin HCS/483 April 2‚ 2013 Dr. David Shroads Information System Briefing In this briefing‚ I will be discussing the process for selecting and acquiring an information system within our health care organization. Moreover‚ I will include goals of our organization and stakeholders that will affect the selection process. The roles each of the organization stakeholders play in the selection and acquisition process. First‚ we need to select
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Week One Health Care Financial Terms Worksheet Term Definition Scenario Controlling This is used in health care management to make sure that plans are being followed. Controlling goes with organizing and when controlling a situation management follows through to see that all plans are being followed as directed. Decision making By using analysis and evaluations‚ decision making is used to make informed choices. When an organization is trying out a new device or program it is piloted first.
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