HCM631-0901B-01 Systems in Health Care - Phase 1 Discussion Board - Essay Example

Comments (0) Cite this document
Any business requires initial investment in order to purchase fixed assets like land, building, plant, machinery, etc., These funds are required at start-up of a new business or when an existing organization decides to expand its operations or diversify into new fields. The…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.9% of users find it useful
HCM631-0901B-01 Systems in Health Care - Phase 1 Discussion Board
Read TextPreview

Extract of sample "HCM631-0901B-01 Systems in Health Care - Phase 1 Discussion Board"

Resource and Financial Management Capital: Any business requires initial investment in order to purchase fixed assets like land, building, plant, machinery, etc.., These funds are required at start-up of a new business or when an existing organization decides to expand its operations or diversify into new fields. The running of an operation would also require certain fixed costs and these are also taken as the requirements for the business. This is called the Capital of the business. In other words, cash or goods invested which in turn generate more income is called the Capital Investment (Samuels, Wilkes and Brayshaw, 2000).
2. Alternative Capital Analysis:
Alternative capital analysis involves assessing the various options available to raise funds for investment. This is very essential as there are a number of factors to be considered before making a decision about the source of funds. Alternative capital analysis focuses on the risks associated with each source. Also there are other non-financial factors to be considered when analyzing the sources of finance, such as ownership of the company, voting rights, decision making, etc.., In the case of Cactus Health Inc., it is essential to consider the risks associated with the capital scenarios, as the company does not have a clear risk management and there are no expenditure guidelines. Hence it is essential to choose a low risk option (Weston and Copeland, 1988).
3. Potential Capital Sources:
The two most appropriate capital sources for Cactus Health Inc., are Equity Shares and Debentures. As the operations of Cactus Health are diversified and there is a lot of opportunity for development, the effective way to raise additional capital is through an initial public offering and entering the stock market.
Equity Shares:
An equity share represents a share of the company’s assets and a share of earnings after the claims are met. Equity shareholders are the owners of the business and have a right in the company for the percentage of shares owned by them. Also, the risk is borne by the shareholders who invest in the company. Cactus can either sell some of the existing shares or can issue new shares in order to raise some surplus finance for investing in other ventures (
Debentures are bonds issued to the investors in exchange for finance lent to the company. Cactus can borrow money in the form of debentures from the public, by agreeing to repay the sum by some future date. Also, Cactus has to pay an interest to the creditors (debenture bond holders) before paying out dividends to the shareholders. Hence, in this case, debentures have a little risk attached to them compared to the shareholders, as far as the company is concerned (
4. Internal and External Resources:
Internal resources include the employees and their skill sets, fixed assets and the customer base of the company. The internal resources are basically everything owned by the company, both tangible and intangible. External resources include the company’s the brand equity and other non-financial factors, such as the customer trust in Cactus, etc.., The relationship with the suppliers, the value of the suppliers, the potential investors, political influence, etc.., are also considered as external resources for Cactus Health Inc (Ogilvie and Koch, 2002).
5. Operating Capital Strategy:
Cactus Health Inc. has to identify the most profitable modules within the corporation and allocate a higher budget for its operations. It is evident that the acute hospitals are profitable and hence higher working capital has to be allocated for these two facilities. The health insurance is also gaining more popularity and the local residents are satisfied with the services. Hence more focus can be given to improve the health insurance facilities. It is also important to analyze the reasons for the increase in the costs in the nursing homes and community health centers. The operations in these facilities have to be made efficient even if it requires an investment in technology and training (Samuels, Wilkes and Brayshaw, 2000).
Ogilvie, J. and Koch, B., 2002, The Chartered Institute of Management Accountants Study System, Finance, 1st edn., Viva Groups, New Delhi
Samuels, J. M., Wilkes, F. M. and Brayshaw, R. E., 2000, Management of Company Finance, 6th edn, Thomson Learning, London
Weston, J. F. and Copeland, T. E., 1988, Managerial Finance, 2nd edn., Cassell Educational Ltd, London Read More
Cite this document
  • APA
  • MLA
(“HCM631-0901B-01 Systems in Health Care - Phase 1 Discussion Board Essay”, n.d.)
HCM631-0901B-01 Systems in Health Care - Phase 1 Discussion Board Essay. Retrieved from
(HCM631-0901B-01 Systems in Health Care - Phase 1 Discussion Board Essay)
HCM631-0901B-01 Systems in Health Care - Phase 1 Discussion Board Essay.
“HCM631-0901B-01 Systems in Health Care - Phase 1 Discussion Board Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF HCM631-0901B-01 Systems in Health Care - Phase 1 Discussion Board

Phase 1 Discussion Board 3

...? Phase Discussion Board 3 Introduction: Ethical principles at a work place of refer to morally accepted behaviors likely to influence profitability of the business. Business organizations exist to make profit; all the activities and actions of the employee must therefore abide by this objective. A business organization recruits its human capital from the society; such people are likely to possess diverse personality traits some of which may hamper profitability. It is thus the mandate of the management to ensure that all the employees behave appropriately and all work in unison for the attainment of the business objective. Some of the management tools that aid the process of governing employee behavior include the code of conduct... ...
5 Pages(1250 words)Essay

Phase 4 Discussion Board

...? [Type the document [Type the document sub [Pick the A good project management is to plan a process to accomplish the goals by using the limited resources efficiently and by considering the risk related to the project. Project management requires an accurate combination of specific tools, techniques, skills, knowledge and environment to meet the specified requirements of a project. A project manager has to give the desired results within the time and resources allotted to him. Project management, when done effectively, can bring great values in an overall organization. It allows the effective use of resources, creates benchmarks for improvement, creates opportunities for employees to learn better, helps to manage the risks... [Type the...
3 Pages(750 words)Assignment

Phase 1 Discussion Board participate on the contract are brands and end users feedbacks about them. Statistics won’t like so I used to collect feedbacks from different types of end users. One of the trickiest parts is contract negotiation, as a project manager, I always see to it that the contract would always in favour of the company. Based on the several experiences from procurement of ICT infrastructure to enhance our E-Ticketing System to repair and renovation of tourist train coaches, I have always come up with an outstanding contract with our awarded suppliers. That was made possible with the help of my committee. More heads are better than one. Nevertheless, before the contract can be finalized, our decision will be submitted to the...
4 Pages(1000 words)Assignment

HCM387-0802A-01 Management Principles in Health Care - Phase 1 Discussion Board

...It is not necessary to hire diverse staff when the patient population is also diverse. Even though the healthcare staff is of similar culture, they still have a common goal which is providing the best patient care. Diversity has a depth and dimension that surpasses the obvious differences among people. People honour the obvious differences among people. They honour diversity within their own countries, recognizing the unique characteristics and individual contributions of each of their citizens to their state’s success and development. They believe that a diverse group of people fosters an environment conducive to creativity, productivity and high performance that affords each individual the opportunity to reach their...
2 Pages(500 words)Essay

HCM477-0802A-01 Finance in Health Care - Phase 2 Discussion Board 2

...FINANCE IN HEALTH CARE Introduction A budget is all the expenses and revenues planned and predicted by the management before they actually take place. It is like a monetary organizational document. In this paper, I will essentially describe the relationship between a departmental budget and a total facility budget, after which I will go over the budget cycle, the decision problems, and decision rules that may affect the relationships between the department and total facility. Discussion To fully describe the relationship between the two kinds of budgets, we first need to know what they are. So, what is a departmental budget? Departmental budgets are pieces of budgets that individuals and/or groups (departments) of an organization... of Year...
2 Pages(500 words)Essay

MGM604-0802B-01 Organizational Behavior - Phase 1 Discussion Board

...MGM604-0802B-01 Organizational Behavior - Phase Discussion Board Introduction: There is growing realization that diversity at the work place is a two-edged sword that is beneficial to any organization, provided the other edge of potentially disruptive effects is managed. Diversity: Diversity can be taken to be a mixture of items that have similar and different characteristics. Extending this meaning of diversity to an organization provides us with the perspective that an organization is made up of a mix of individuals that show similar and different characteristics. Simple as this may sound, it is complex and of significant import to any organization (Thomas, 1996). Being complex, it poses a challenge in its management and calls...
2 Pages(500 words)Essay

HCM621-0804A-01 Ethics, Policy, and Law in Health Care Management - Phase 1 Discussion Board 2

...Running head: Ethics For-profit versus non-profit ethics in healthcare Here Your and School Here Monday, October 06, 2008 This author discusses a change in status from for-profit to private non-profit children’s hospital in the health care industry. There are advantages and disadvantages to both – is one more ethical than the other? Can a for-profit organization, such as Rosewood Children’s Hospital, switch to private non-profit and adjust to the regulatory controls and changes? New trends also indicate the best path to follow. For-profit A for-profit hospital will not require accreditation from the Joint Commission on Accreditation of Health care...
2 Pages(500 words)Essay

Phase 1 Discussion Board 2 Posting

...functional areas within the project the proper management required. More importantly, the principles of management always cut across the board and remain the same irrespective of the nature of operations. These principles can always be acquired by everybody who is interested in management. It therefore eliminates the need for having expert knowledge as a project manager (Lock, 2004). As long as a manager has the ability to study situations and make relevant decisions, the whole project is likely to succeed. One role of management is essentially directing which involves making things done through people. In this regard, a project manager can utilize the best technical expertise for the project while they might totally be...
4 Pages(1000 words)Assignment

Phase 1 Discussion Board 12

...Phase Discussion Board 12 The Chairman of board of Autoedge at the time of my interview discussed with me that the company has been struggling as millions of automobiles have been recalled because of their low quality. In response to the seriousness of the situation, the board has been considering several proposals in order to effectively respond to the situation. For this there is a need of creating a list of cultural, financial, legal and economic factor that must be considered by Autoedge about the location of its manufacturing operations. Some of the members of the board may not be satisfied by the reasoning provided...
3 Pages(750 words)Assignment

Phase 1 Discussion Board 1(ECON)

...authentic problems aid in developing the content knowledge, problem solving while promoting communication, reasoning, patience and self-assessment skills individually and collectively. Problem based learning is motivating to the students too. Plans and ideas on approaching each of the 3 main phases Understanding the problem A viable approach to developing and understanding the problem is working backwards from the questions. In this manner, there can be more integration of information. Information that will consolidate the problem and open more approaches to the question. Identifying and building on current debates in that particular field of study as well as having live interruptions can also be avenues for...
3 Pages(750 words)Coursework
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 HCM631-0901B-01 Systems in Health Care - Phase 1 Discussion Board for FREE!

Contact Us