Financial manager | Homework Help

Financial manager

1. There has been much debate about the accuracy of financial information in the health care industry. As a financial manager, you should be concerned about the accuracy and reliability of the financial information that is disseminated.
In your first post:

€¢ Discuss the importance of providing accurate financial information. What is the impact of inaccurate information? Who is looking at this information and why?

€¢ How do you think the current system can be improved? How do the challenges of providing accurate financial information impact the business you have chosen to analyze in this course?

€¢ What legal ramifications could result from disseminating inaccurate information?
2. In running any business, it is important to identify and manage your revenue sources so you can remain financially viable. In a health care environment, this is particularly important. The term third-party payers refers to insurers who provide reimbursement to a health care provider (hospital, physician, et al) for services rendered to a patient.

Research two third-party payers and:

. In your first post:

€¢ Discuss how they operate. What do you believe will be the impact of the Affordable Care Act (ACA) on the third-party payers you researched?

€¢ Discuss the concept of Managed Care Organizations (MCOs). What is the goal of an MCO? Briefly discuss one strategy that is used by an MCO to reduce costs.
3. Describe the specific HR functions (recruiting, interviewing, training, and so on) you have experience with.

Give one example of an experience you had in which an HR function was handled poorly, and another that was handled well. How do you think the bad situation should have been handled?

How important is it that someone outside of HR (such as a supervisor or manager) be familiar with these functions? Explain your answer.

4. How has designing cars for women helped the company sell more cars?
Provide examples of other businesses or organizations that are changing or aIDing products and/or services to appeal to a more diverse clientele.

How does your place of employment accommodate diversity in clients/customers?