Description
Unit 4 Assignment - Data Presentation
- Due Sunday by 11:59pm
- Points 100
- Submitting a text entry box or a file upload
Estimated time to complete: 2 hours
Instructions
Reference the following website for helpful information to complete this assignment:
- Healthcare Financial Management Association. (2018). Mapkeys (Links to an external site.). [Website]
You have recently been hired as a revenue-cycle management specialist at Raywood Memorial Hospital. Your direct supervisor, the VP of Revenue-Cycle Management, has asked you to prepare a presentation for the next stakeholder meeting. Keeping in mind, the stakeholder group is composed of both financial and non-financial professionals.
- Complete the fields in the attached table, illustrating national benchmark data, and RMH data.
- Supply data of your choosing anywhere red text is present
- Create a brief Powerpoint presentation for the stakeholder meeting, summarizing the data contained in the excel document.
- In one slide, explain the RMH's overall fiscal condition, as defined by the metrics in the excel document.
- Highlight three metrics (one per slide)
- Briefly explain to the stakeholders why you chose those three to focus on for the purpose of this meeting.
- Explain the relationship between national benchmarks and RMH data; providing explanations for data that falls short of, and exceeds, the benchmark.
- Summarize RMH's "next steps" in a closing slide
- Include a minimum of three references, APA style, in a final slide.
Please review the rubric to ensure that your assignment meets criteria.
Submit:
- Data Presentation (PowerPoint)
- Excel document with completed data fields
Assignment File(s)
- HC 306 - U4A1 [Excel Document]
Rubric
HC306 Unit 4 Assignment - Data Presentation
Criteria | Ratings | Pts | ||||||
---|---|---|---|---|---|---|---|---|
This criterion is linked to a Learning Outcome Content |
|
35.0 pts |
||||||
This criterion is linked to a Learning Outcome Analysis PRICE-P |
|
45.0 pts |
||||||
This criterion is linked to a Learning Outcome Writing |
|
10.0 pts |
||||||
This criterion is linked to a Learning Outcome APA PRICE-I |
|
10.0 pts |
||||||
Total Points: 100.0 |
Explanation & Answer
Attached.
Raywood Memorial Hospital Data Representation
Students Name
Financial Institution
RMH'S Overall Fiscal Condition
•
Raywood memorial hospital has not been performing well over the years. Although
the company has been receiving profiting and showing a positive return on capital,
the hospital has not been working efficiently. For example, the account receivable is
at 16%, which is 12.5% less than the national hospital benchmark. This shows that
the company is underperforming. Also, the company has a high cost to collect. This
cost has made the hospital revenue to decrease drastically. From this, we can
conclude that the hospital should try and improve its condition. To improve this
condition, the hospital should consider implementing some metric like the operating
margin rate, the readmission rate, mortality rate, and bed utilization rate (Perry,
2017).
Operating Margin
• The operating margin of the Raywood memorial hospital is at 7%. This show
that the hospital can be able to pay for its operational...