Hs543

In: Business and Management

Submitted By reneejones
Words 1277
Pages 6
Some topical areas that previous HS543 students have used successful for this Course Project include: * Accounts Receivable Cycles. * Operating Budget Processes. * Capital Budget Processes. * Hospital Strategic Planning. * Board of Directors Reporting. * Cash Flow Management. * Managing Hospital Investments. * Healthcare Variance Reporting. * Hospital Wage and Benefit Management. * Personnel Recruitment and Retention. * Funding of a Construction Project. * Fundraising for a Healthcare Facility. * Avenues for Grant Funding in Healthcare.
Regardless of your topic, you will be identifying and clearly stating a particular problem or management issue, in which an element of the identified problem or situation is not meeting expectations. A few examples: * Cash flow to the hospital is inadequate. The CFO does not have enough cash on hand to pay operating bills in a timely manner. How will you improve cash flow? * Hospital investments are currently in CD’s, which are earning very low interest rates. A higher return on investment is needed. What are better options for your specific type of healthcare facility, and what is the risk associated with each type of investment recommended? * The clinic cannot recruit and retain enough nurses to keep up with its growing patient population. How will you find more qualified nurses, and how will you keep them once you have hired them? * The hospital facility itself needs to be replaced. How will you determine the capital needs for the project, and how will the funds be raised to accomplish this?
Remember, that what appears to be the problem may actually be just a symptom of a bigger problem, so dig deep to be sure you've identified the real problem. If there appears to be more than one problem/issue, decide if they are separate or related issues. You…...

Similar Documents

Hs543 Course Project

...HS 543 Health Services Finance May 11 Sec A Course Project The Baby Boomers Impact on Medicare Abstract This project will address the baby boomers impact on Medicare. Baby boomers have changed the world in which we live and the lens through which we view it. The aging of the baby boomers, which is roughly one third of the population, will continue to usher in dramatic changes across most business sectors and areas of our lives in the years to come. The Issue A. How is Medicare Funded? Medicare provides health coverage for 45.2 million people. In 2008, Medicare spent $468 billion for covered items and services. Medicare is paid through two trust fund accounts held by the US Treasury. These funds can only be used for Medicare. The first trust fund is the Hospital Insurance (HI) Trust Fund. It is funded by payroll taxes paid by most employees, employers, and people who are self-employed. Other sources, such as income taxes paid on Social Security benefits, interest earned on the trust fund investments, and Part A premiums from people who are not eligible for premium free Part A. The second trust fund is the Supplementary Medical Insurance (SIM) Trust Fund. It is funded by funds authorized by Congress, premiums from people enrolled in Part B and Part D, and other sources, such as interest earned on the trust fund investments. B. Medicare Plans People with Medicare may be able to get health care coverage in several ways. ......

Words: 2467 - Pages: 10

Hs 543 Course Paper

...Running Head: U.S. HEALTHCARE SYSTEM REFORM HS543 Health Services Finance Summer Term 2012 Instructor: Mary Black Course Project Outline U.S. Healthcare System Reform Submitted By Project Outline This project will explore the current state or our healthcare and where it is predicted to cost us in the future. We will also examine the overall health programs and how the uninsured will affect the system entirely. Universal healthcare would alleviate the financial burden on some of the population and provide access to almost all of the country's population; however, this system will cost more. Funding the program will be discussed as well as the taxes and other funding that will help pay for the coverage. Likewise, how this will affect hospitals and healthcare providers. Topic: U.S Healthcare System Reform Outline I. Abstract II. Introduce the Issue (Background) A. An analysis of our current healthcare system 1. A history of major events 2. Impact to healthcare organizations III. Defining the problem A. Political disagreements B. The increase of expenses IV. Literature Review A. Is U.S. Healthcare deteriorating? B. Effects on the profitability of local hospitals V. Analyze the Problem A. Raising insurance premiums B. The uninsured VI. Possible Solutions A. French Healthcare system B. A public option VII. Implementation Plan A. Financing VIII. Justification A. Access......

Words: 3425 - Pages: 14