hcs 405 health care financial accounting university of phoenix 497374

Title:HCS/405 Health Care Financial Accounting (University of Phoenix)

Question Detail:

Course Materials

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Baker, J. J., & Baker, R. W. (2011). Health care finance: Basic tools for nonfinancial managers (3rd ed.). Sudbury, MA: Jones & Bartlett Publishers.

All electronic materials are available on the student website.

*Week One: Overview of Health Care Finance*
*Details*	*Due*	*Points*
Objectives	1.1Define basic health care finance terms. 1.2Describe the four segments that comprise a financial management system. 1.3Identify financial reporting practices and ethical standards of conduct.
Reading	Readthe Week One Read Me First.
Reading	Read Ch. 1 of Health Care Finance.
Reading	Read Ch. 2 of Health Care Finance.
Reading	Review the Healthcare Financial Management Association website (www.hfma.org). You may find this website helpful as a general resource for this course.
Reading	Read this week s Electronic Reserve Readings. Pay special attention to the following articles: Sarbanes-Oxley. (2007). Encyclopedia of Small Business. Sarbanes-Oxley. (2009). In BUSINESS: The Ultimate Resource.
Participation	Participate in class discussion 4 of 7 days. All participation in the class each week needs to be substantive and must be relevant to the participation.	2
Discussion Questions	Post your response to Week One Discussion Questions in the Main forum by Day 2 and Day 5.Responses to each question must be at least 200 to 300 words and apply concepts and teachings from the weekly readings.	DQ1 Wed DQ2 Sat	2
Nongraded Activities and Preparation Reporting Practices and Ethics Paper (Preparation)	Beginworking on the Reporting Practices and Ethics Paper due in Week Two.
Learning Team Instructions	Learning Team You will be assigned to a Learning Team.
Learning Team Instructions Weekly Review	Review the Week One objectives and discuss additional insights and questions that may have arisen.
Learning Team Instructions Patton-Fuller Income Statement Worksheet (Preparation)	Beginworking on the Patton-Fuller Income Statement Worksheet due in Week Two.
Learning Team Instructions Financial Statements Review (Preparation)	Beginworking on the Financial Statements Review due in Week Three.
Individual Week One Health Care Financial Terms Worksheet	Resources:University of Phoenix Material: Week One Health Care Financial Terms Worksheet Complete the University of Phoenix Material: Week One Health Care Financial Terms Worksheet located on the student website.	Sat	2

*Week Two: Financial Reporting and Financial Performance*
*Details*	*Due*	*Points*
Objectives	2.1Describe the annual report and financial statements of a health care organization. 2.2Explain the utilization of health care revenue sources. 2.3Describe how revenues and expenses are grouped for planning and control.
Reading	Read the Week Two Read Me First.
Reading	Read Ch. 4 of Health Care Finance.
Reading	Read Ch. 5 of Health Care Finance.
Reading	Read Ch. 6 of Health Care Finance.
Reading	Read Ch. 10 of Health Care Finance.
Reading	Read this week s Electronic Reserve Readings.
Participation	Participate in class discussion 4 of 7 days.	2
Discussion Questions	Post your response to Week One Discussion Questions in the Main forum by Day 2 and Day 5.Responses to each question must be at least 200 to 300 words and apply concepts and teachings from the weekly readings.	DQ1 Wed DQ2 Sat	2
Learning Team Instructions Learning Team Charter	Workon the Learning Team Charter with your group.Complete the Learning Team Charter and submit the assignment to the Assignment Link	Saturday	1
Nongraded Activities and Preparation Simulation Review (Preparation)	Beginworking on the Simulation Review due in Week Four.
Learning Team Instructions Financial Statements Review (Preparation)	Continueworking on the Financial Statements Review due in Week Three.
Individual Reporting Practices and Ethics Paper	Resources: University of Phoenix Material: Reporting Practices and Ethics Paper Grading Criteria Findtwo or three articles that address financial reporting practices and ethical standards in health care finance, including the following topics: Generally accepted accounting principles Corporate compliance, ethics, or fraud and abuse Write a 700- to 1,050-word paper on the financial management of health care organizations, integrating your research articles. Include a summary of the four elements of financial management. Include a summary of generally accepted accounting principles and general financial ethical standards. Provide examples from the articles that reflect ethical standards of conduct and financial reporting practices. Explain the significance of each example. Format your paper consistent with APA guidelines.	Monday	18
Individual Week Two Health Care Financial Terms Worksheet	Resources:University of Phoenix Material: Week Two Health Care Financial Terms Worksheet Complete the University of Phoenix Material: Week Two Health Care Financial Terms Worksheet located on the student website.	Sat	2
Learning Team Patton-Fuller Income Statement Worksheet	Resource:University of Phoenix Material: Patton-Fuller Income Statement Worksheet. Review the income statements for 2008 and 2009located in the Patton-Fuller Community Hospital Virtual Organization. Click on the Virtual Organization link on the left column of the student website. Click on the Healthcare tab and access the Patton-Fuller Community Hospital. Click the Chief Financial Officer link under the Corporate Officers tab to access the financial statements. Complete the University of Phoenix Material: Patton-Fuller Income Statement Worksheet located on the student website.	Monday	2

*Week Three: Budgeting and Cost Classification*
*Details*	*Due*	*Points*
Objectives	3.1Describe the process for creating an operating budget and a capital budget. 3.2Analyze costing methods in the health care industry.
Reading	Read the Week Three Read Me First.
Reading	Read Ch. 7 of Health Care Finance.
Reading	Read Ch. 8 of Health Care Finance.
Reading	Read Ch. 15 of Health Care Finance.
Reading	Read Ch. 16 of Health Care Finance.
Reading	Read this week s Electronic Reserve Readings.
Participation	Participate in class discussion 4 of 7 days.	2
Discussion Questions	Post your response to Week One Discussion Questions in the Main forum by Day 2 and Day 5.Responses to each question must be at least 200 to 300 words and apply concepts and teachings from the weekly readings.	DQ1 Wed DQ2 Sat	2
Nongraded Activities and Preparation Simulation Review (Preparation)	Continue working on the Simulation Review due in Week Four.
Learning Team Instructions Health Care Case Study: Sensitivity Analysis (Preparation)	Begin the Health Care Case Study: Sensitivity Analysis assignment, due in Week Five.
Individual Week Three Health Care Financial Terms Worksheet	Resources:University of Phoenix Material: Week Three Health Care Financial Terms Worksheet Complete the University of Phoenix Material: Week Three Health Care Financial Terms Worksheet located on the student website.	Sat	2
Learning Team Financial Statements Review	Resources: Patton-Fuller Community Hospital Virtual Organization and University of Phoenix Material: Financial Statements Review Grading Criteria Reviewthe financial statements,located in the Patton-Fuller Community Hospital Virtual Organization. Click on the Virtual Organization link on the left column of the student website. Click on the Healthcare tab and access the Patton-Fuller Community Hospital. Click the Chief Financial Officer link under the Corporate Officers tab to access the financial statements. Write a 350- to 700-word summary that addresses the following: Annual report, including the Patton-Fuller financial statements o How did the audited and unaudited financial statements differ? Relationship between revenue sources and expenses on Patton-Fuller s financial performance o What is the effect of revenue sources on financial reporting at the hospital? o How are the hospital s revenues and expenses grouped for planning and control? Formatyour paper consistent with APA guidelines.	Monday	14

*Week Four: Management Reporting and Analysis*
*Details*	*Due*	*Points*
Objectives	4.1Describe the financial concepts related to health care staffing. 4.2Explain the use of trend analysis. 4.3Summarize the utilization of forecasting and comparative data. 4.4Identify key financial ratios.
Reading	Read the Week Four Read Me First.
Reading	Read Ch. 9 of Health Care Finance.
Reading	Read Ch. 11 of Health Care Finance.
Reading	Read Ch. 13 of Health Care Finance.
Reading	Read Ch. 14 of Health Care Finance.
Reading	Read this week s Electronic Reserve Readings.
Participation	Participate in class discussion 4 out of 7 days.	2
Discussion Questions	Post your response to Week One Discussion Questions in the Main forum by Day 2 and Day 5.Responses to each question must be at least 200 to 300 words and apply concepts and teachings from the weekly readings.	DQ1 Wed DQ2 Sat	2
Learning Team Instructions Health Care Case Study: Sensitivity Analysis (Preparation)	Continue the Health Care Case Study: Sensitivity Analysis assignment, due in Week Five.
Individual Simulation Review	Resources:Health Care Financial Accounting simulation and University of Phoenix Material: Simulation Review Read the instructions in the University of Phoenix Material: Simulation Review located on the student website. Submityour simulation review to your instructor.	Monday	18
Individual Week Four Health Care Financial Terms Worksheet	Resources:University of Phoenix Material: Week Four Health Care Financial Terms Worksheet Complete the University of Phoenix Material: Week Four Health Care Financial Terms Worksheet located on the student website.	Sat	2
Learning Team Patton-Fuller Ratio Computation	Resource: Patton-Fuller Community Hospital Virtual Organization Reviewthe financial statements, located in the Patton Fuller Community Hospital Virtual Organization. Click on the Virtual Organization link on the left column of the student website. Click on the Healthcare tab and access the Patton-Fuller Community Hospital. Click the Chief Financial Officer link under the Corporate Officers tab to access the financial statements. Computethe eight ratios as shown in Chapter 11 for Patton-Fuller Hospital based on its unaudited financial statements and critique its operating results and financial position. Ratio by ratio, do you agree or disagree with the CEO s report to the Board? Why or why not? Read the Annual Report and the audited financial statements, and re-compute those same ratios using the audited financial statements. Considerthe financial performance before the audit, and after the audit. What has changed and how significant is that change? What plans should the hospital Board make for next year and the next five years?	Sat	2

*Week Five: Future Technology Applications in Finance*
*Details*	*Due*	*Points*
Objectives	5.1Explain future trends in health care finance technology.
Reading	Read the Week Five Read Me First.
Reading	Read Ch. 19 of Health Care Finance.
Reading	Read Ch. 20 of Health Care Finance.
Reading	Read this week s Electronic Reserve Readings.
Participation	Participate in class discussion 4 out of 7 days	2
Discussion Questions	Respond to weekly discussion questions. Mandatory:How might financial managers budget for unforeseen changes and improvements in information technology that require large capital outlays? (DQ2)	DQ1 Wed DQ2 Sat	2
Individual Week Five Health Care Financial Terms Worksheet	Resources:University of Phoenix Material: Week Five Health Care Financial Terms Complete the University of Phoenix Material: Week Five Health Care Financial Terms located on the student website.	Sat	2
Learning Team Sensitivity Analysis	Resources:Patton-Fuller Community Hospital Virtual Organization and University of Phoenix Material: Sensitivity Analysis Grading Criteria Reviewthe ffinancial statements, annual report, and budget issues documents, located in the Patton-Fuller Community Hospital Virtual Organization. Create a 12- to 15-slide MicrosoftPowerPointpresentation that summarizes elements that affect staffing at Patton-Fuller, such as raises in wages and changes in the nurse-to-patient ratio. Include speaker notes. Includethe following in your presentation: Provide a comparative analysis of the last two years of data. Explain how the 2010 budget assumptions will positively or negatively affect Patton-Fuller. Explain how you may use a trend analysis to plan for staffing at Patton-Fuller. Summarize the trend analysis and how comparative data facilitates forecasting at Patton-Fuller.	Monday	15