Week Five Health care financial terms

Oct 19th, 2014
Price: $20 USD

Question description

Week Five Health Care Financial Terms Worksheet

Understanding health care financial terms is a prerequisite for both academic and professional success. This assignment is intended to ensure you understand some of the basic terms used in this course.

Complete the worksheet below according to the following guidelines:

·  In the space provided, write each term’s definition as used in health care management. You must define the term in your own words.

·  In the space provided after each term’s definition, summarize a health care management scenario that illustrates the importance of the skill, concept, procedure, or tool to which the term refers. In the scenario, you may wish to consider the following:

o  Why is the skill, concept, procedure, or tool necessary for accurate record keeping, operational efficiency, excellent patient services, employee management, regulatory compliance, reducing costs, forecasting, and so forth?

o  What successes are enabled by an adequate understanding or appropriate application of the skill, concept, procedure, or tool?

o  What risks or failures are associated with an inadequate understanding or inappropriate application of the skill, concept, procedure, or tool?

Save the completed worksheet as a Microsoft® Word document with your name in the file name.

Submit the file to your instructor.




Electronic health record

Electronic prescribing

Health information technology

Situational analysis

SWOT analysis

Scenarios must be health care related like in a hospital, doctor's office, clinics or a particular hospital department (for example radiology or laboratory. Examples given below but use the terms above.

Non-controllable expenses

Expenses that various individuals or departments within a healthcare organization cannot unilaterally change.

Hospital managers may choose how many nurses can work at the ICU during the night shift which is controllable, but expenses like hospital taxes and rent are non-controllable.

Nonproductive time

Money paid to a worker for nonworking hours.

When a physician’s assistant goes on paid holiday, he/she is getting paid for nonworking hours.

Tutor Answer

(Top Tutor) HKPJ
School: UCLA

Studypool has helped 1,244,100 students

Review from student
" Wow this is really good.... didn't expect it. Sweet!!!! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1823 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors