Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Healthcare Finance - Essay Example

Comments (0) Cite this document
The author of this essay entitled "Healthcare Finance" casts light on the financial problems, namely, proposed hospital lease accounting rules. According to James and Aaron, health care providers may have to change their methods of operations if there are changes in the accounting rules…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.8% of users find it useful
Healthcare Finance
Read Text Preview

Extract of sample "Healthcare Finance"

With the onset of accounting leases rule, the financial management department has been able to prepare the balance sheet and maintain financial records without including the lease assets. The financial lease is efficient for health care providers who are still developing and cannot afford sophisticated equipment. The leasing process requires that an outside party undertakes in the process. With the current rule, health care providers can finance the project without involving a third party.
Impact on the health care organization and its financial operations
The financial lease has a positive impact on the organization since the health care provider according to James and Aaron (2012) can grow technologically by leasing medical equipment and machinery which are costly. The lease is also advantageous since it helps health care providers to gain geographically efficient developers, and through the program, finance and get ownership of medical facilities.
The leasing program assists the health care providers reduces the pressure in the operation of the organization. On a negative perspective, the lease program may negatively impact on the leasing process in regard to geographical print and the financial activities (James and Aaron, 2012). This is because the health care executives scrutinize and over- analyzes the operations of the organization. Read More
Cite this document
  • APA
  • MLA
(Healthcare Finance Essay Example | Topics and Well Written Essays - 322 words - 1, n.d.)
Healthcare Finance Essay Example | Topics and Well Written Essays - 322 words - 1. Retrieved from
(Healthcare Finance Essay Example | Topics and Well Written Essays - 322 Words - 1)
Healthcare Finance Essay Example | Topics and Well Written Essays - 322 Words - 1.
“Healthcare Finance Essay Example | Topics and Well Written Essays - 322 Words - 1”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


Finance: Comparative performance of private and public healthcare systems

Oil producing countries are nations that mine oil as one of their most important export commodity. Despite the amount of money that they receive from the oil they are the countries that are most afflicted with conflicts and corruption. Their governments also mainly focus on oil production instead of other aspects of the economy, this leads to them importing most of their food products and other items which they could be producing as a country. Therefore the health care of some oil producing countries despite their wealth is poor and are comparable to health care systems of middle income countries. Organization of Petroleum Exporting country was created as a cartel of oil exporting countries. The goal of OPEC is to protect the int...
32 Pages (8000 words) Literature review

Healthcare Utilization and Finance

...? Healthcare Utilization and Finance Urinary Tract Infection Urinary Tract Infection (UTI) refers to a condition that affects the urinary tract, which is caused by bacteria (West, 2006). The main parts of the urinary tract affected are kidney and bladder. The infection causes a lot of pain during urination. It may also affect the whole process of urination whereby the infected person experiences frequent urination (Bernard, Hunter & Moore, 2012). This paper discusses some of the Medicare available for Mrs. Zwick, who is suffering from UTI, together with some other issues associated with Medicare insurance. Medicare Part A (Hospital insurance) This refers to hospital insurance plan, which helps the patient in paying the hospital bills...
7 Pages (1750 words) Research Paper

Healthcare Finance and Accounting

...e company’s ability to repay current liabilities using only current assets (Garrison and Noreen, 2003). Working capital is calculated subtracting current liabilities from current assets. In order for a company to have solvency it must have a positive working capital. A positive working capital is obtained when current assets are higher than current liabilities. References (2012). Limitations of Financial Statement Analysis. Retrieved September 17, 2012, from Healthcare Finance: An Introduction to Accounting and Financial Management. Retrieved September 17, 2012, from...
3 Pages (750 words) Essay

Healthcare Utilization and Finance

...? Topic: Healthcare Utilization and Finance Mrs. Zwick’s costs coverage Medicare Part A This part covers inpatient care but does not cover custodial care. According to Mrs. Zwick’s case, part A will take care of the bills pertaining to the initial three days of the five days that she was hospitalized for stroke treatment. The remaining two days would be paid out of pocket. On top this, the 40 days that she spent in a skilled nursing home for the purposes of rehabilitation would be partially covered here. The first twenty days would be paid in full whereas the remaining days would paid partially and the remaining money to be sourced elsewhere. Medicare Part B Essentially, this part covers healthcare services that are not provided...
4 Pages (1000 words) Essay

Introduction to healthcare finance, description of the problem of funding emergency services, discussion of ethical obligation to provide services, and evaluation of the Governor's plan

...Healthcare Financing and how it can be improved Introduction It is very sad to that despite efforts being made by governments – both past and present t o get the healthcare system of the United States improved, “The U.S. healthcare system comes in last for performance among seven industrialized nations despite spending the most, according to a new Commonwealth Fund report” (Monegain, 2010). Researchers find this development very disturbing. Review of Literature Healthcare Finance To a very large extent, the problem of poor healthcare is attributable to the poor healthcare finance system in place. Without missing words, the problem with healthcare finance in the United States is not just about the absence of ideas on how much is needed...
2 Pages (500 words) Essay

Finance and Accounting Briefing in Healthcare

...Finance and Accounting Briefing in Healthcare This is a briefing on the strategic need to align the Medicare policies and strategies with the systems of federal grants to spearhead state priorities of Medicare development amid the public health challenges. At the Centre for Medicare and Medicaid Services (CMS), the priority has always been to obtain the best quality medical care for all citizens. However, in the light of conflicting political and state priorities, the CMS must render the best advisory and adequate stewardship. CMS’s approach to the development of Medicaid programs and policy obligations in the medical sector are diverse and complicated. It is against this background that the institution wishes to steer clear...
3 Pages (750 words) Essay

Healthcare finance

...Healthcare finance Elements of Profit Analysis that Change when a Provider Moves from a Fee For Service to a Discounted Fee For Service Environment Fee for service method differs from discounted fee for service method, in terms of profit analysis because of the involved discount in the discounted fee for service method. The discount identifies change in marginal cost equation, contribution, profit-volume ratio, and breakeven point. Contribution defines positive difference between sales and variable cost and effects of discount on sales implies effects on contribution. Consequently, contribution reduces as a provider moves from a fee for service environment to a discounted fee for service environment. Variability in contribution further...
1 Pages (250 words) Assignment

Healthcare Finance

...Healthcare Finance Healthcare Finance If I were the CEO of Bayside Memorial Hospital, I would advocate for a top-down approach to budgeting as opposed to a bottom up approach because of its many advantages. Among the reasons that make top-down approach the most ideal is the fact that it allows the upper-level executives to come up with budgeting information without relying on the lower-level managers. This in turn allows the lower-level managers to focus on their departmental roles without necessarily having to look for budgeting information. This is unlike the bottom up approach where the upper-level executives wait for the various departments to come up with their budgets and then compile them into one budget. This saves time... Finance...
1 Pages (250 words) Assignment

Healthcare finance

...Healthcare Finance Healthcare Finance The article addresses health care finance revenue and costing in healthorganizations, which is an important sector in the health care industry. The revenues generated keep the medical industry running. These costing mechanisms affect the efficiency of health services offered, while the amount of revenues generated will affect the quality of medical services rendered. First and foremost there is need to understand the billing of health care services. An accurate cost of events, practices and procedures along the delivery of services is essential in order to generate commendable profits. Once this is understood, the organization can accurately assess the profitability of each sector, clinical management...
1 Pages (250 words) Essay

Healthcare Finance

...Healthcare Finance Southwest physicians, a medical group practice, are just being formed. It will need $3,000,000 of total assets to generate $ 5,000,000 in revenues. Furthermore, the group expects to have a profit margin of 5 percent. The group Is considering two financing alternatives. First, it can use all-equity financing by requiring each physicians to contribute his or her pro rata share. Alternatively, the practice can finance up to 50% of its assets with a bank loan. Assume that the debt alternate has no impact on the expected profit margin. What is the expected return on equity (ROE) if the group finances with 50 percent debt? Net profit $ 5,000,000 x 0.05 = $250000 Consequently ROE = $250000/$3000000 = 8.3...
2 Pages (500 words) Speech or Presentation

Strategic Finance Management: Gallaher Group Plc

Gallagher's comprehensive brand portfolio includes Benson & Hedges, Silk Cut, Mayfair, Sovereign, Sobranie, Dorchester, Troika, LD, Memphis, Meine Sorte, Ronson, Blend, Hamlet, Old Holborn, Amber Leaf, and Condor. The Group employs over 11,000 people, with manufacturing plants in Austria, Kazakhstan, Poland, Romania, Russia, Sweden, Ukraine, and the UK. Gallagher shares are listed on the London Stock Exchange and its ADRs are traded on the New York Stock Exchange. (Company Snapshot).
Gallaher Group Plus head office is located in Weybridge in the UK and the Group has four divisions. These comprise the United Kingdom, Europe, Commonwealth of Independent States (CIS) and the Rest of the World. The United Kingdom division is...
16 Pages (4000 words) Case Study

D.H. Lawrence and Other Views on Death - How They May Help Us Deal with Death in Context to Healthcare

Lawrence graduated from University College, Nottingham in 1908, devoted himself for a time to teaching at a boy’s school, but not long after, decided to quit teaching and spend his time at freelance writing instead. In March of 1912, he met and fell in love with a married woman, Frieda Weekley, nee Richthofen; then six weeks later eloped with her to the Continent.

Frieda was a sister of the famous German World War I flying ace and wife of Lawrence’s French professor at Nottingham. This elopement marked the start of Lawrence’s lifetime war with existent moral standards as well as the beginning of a continuous wanderlust prompted by Tuberculosis which induced him to seek warmer and more healthful climes....
9 Pages (2250 words) Essay

A Plan to Reform the US Healthcare System

The regimes need to be proactive in nature which means that the vision of having the related healthcare systems within the US medical departments and hospitals should be an ongoing activity rather a one-step, a reactionary move which usually happens from time to time, usually due to one calamity or a catastrophe that hits the particular region within the United States of America. Thus in this paper, our focus would be set on discussing the healthcare systems that are operational within the US and also pinpoint the gray areas where some particular steps could be taken to ward off the negativities thus attached to them. 

A healthy person is not difficult to define. He or she is a person who does his chores regularly...
10 Pages (2500 words) Term Paper

Contemporary Managerial Issues in Accounts and Finance

Political theorists like Veblen argued that the separation of corporate ownership from control generates a transfer of power from a minority of stockholders to a group of decisive owners who have the control over the way of access to credit and finance (Roe, 1994, p. 5).
However, contemporary analysts of corporate power contested that dominance and ownership in modern corporations have shifted to a property-less group of managers. Consequently, this current shift of power and control in large modern corporations could usher in ultimate preoccupation over profit rather than non-financial motives. Furthermore, the separation of power and ownership will lead to the destruction of the traditional legal theory of property which en...
23 Pages (5750 words) Literature review

Fundamentals of Finance

It is the size of the company that decides the role of financial management in a firm. In small firms, financial management is handled normally by the accounting department but in large entities, a separate department under the leadership of its CFO takes care of its financial management. Broadly “the financial manager of a firm plays an important role in a company’s goals, policies and financial success. The financial manager’s responsibility includes financial analysis and planning- determining the proper amount of funds to employ in the firm, i.e. designating the size of a firm and its growth; investment decisions- the efficient allocation of funds to specific assets; financing and capital structure decisions-...
11 Pages (2750 words) Assignment

Business Finance: Activity Based Costing

At that time, the western manufacturing companies were facing serious competition from their Japanese counterparts. The Japanese automotive and electrical products were capturing the market by their low costs. That prompted the Western companies to innovate new costing techniques that would point out their problems and lower the costs. This reason was the main catalyst in the acceptance of ABC. There was resistance by the management of companies who viewed ABC as detrimental to their interests. In addition, the cost of the impletion of ABC was huge which further disinterested the companies. But what the industry was going through in terms of innovation and competition was enough to pave the way for ABC’s smooth transformatio...
7 Pages (1750 words) Case Study

Introductory Economics and Finance: Why Governments Regulate Firms and Markets

By government regulation, it is meant by the rules administered by a government or government agency to influence any economic activity which determines the price, types, and standards of products, and most importantly the conditions under which the entry and exit of the firms are possible.

Like death, it is impossible to keep away from regulation in about every aspect of daily life. The business regulation may be classified into two- economic and social (Litan). The economic regulation deals with price controls and the entry limits of the firms into markets. The second type regulation mostly deals with externalities (the outside influences of the company or firm which may or may not be decided by them)

6 Pages (1500 words) Assignment

Personal Development in Accounting and Finance

...Personal Development in Accounting & Finance TABLE OF CONTENTS My Personality ……………………………………………………………..1 Job motivation and career development …………………………………….2 MBTI Personality Type & Strength and Weakness………………………….3 Review of Career and skills and abilities……………………………………..4 Job profile and Chosen C.V…………………………………………………..5 SAF draft form and skill and abilities related to it……………………………..6 Personality Development inAccounting and Finance MY Personality I believe that there are various dimensions to my personality and it would be complex to put forward it into a narrow context. I would like to depict myself as a unique individual with a distinct thinking and understanding. I have this outstanding quality of taking life as it comes...
6 Pages (1500 words) Essay

Directions for the Healthcare Company: Southcentral Foundation

...Southcentral Foundation Southcentral Foundation A brief of the Southcentral Foundation Southcentral Foundation (SCF) is a healthcare organization founded by Cook Inlet Region in 1982. The organization was established with intent to empower Alaska Natives in terms of health and social conditions, cultural uplift, and living standards. Since the foundation of SCF, Alaska Natives have been playing a crucial role in managing, directing, and driving the organization. The innovative leadership of President and CEO Katherine Gottlieb has assisted the SFC to become one of the largest and federally documented tribal health organizations in Alaska. Currently, the organization works to meet the needs of Alaska Natives living in geographical area...
11 Pages (2750 words) Capstone Project

The US Healthcare System

Nevertheless, enhanced technology and efficient administrative supervision have also assured superior quality of the services in the sector, compatible with the international standards, which has further added to the competitive advantages of the US healthcare sector. However, considering the fact that the healthcare cost in the US has surpassed the affordability of a majority of people in the country, who are subsequently motivated to migrate overseas and obtain cheaper but quality medical services. To be noted in this regard, it is this particular aspect that has been considered as the problem in this study.

One Problem With The US Healthcare System Is That The Cost Of Care Is Very Expensive. A Proposal, Do I Think Th...
7 Pages (1750 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Healthcare Finance for FREE!

Contact Us