HCS385 Discussion

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Health Medical

Description

  • #1 Explain the financial objectives of health care providers.
  • #2 Evaluate various capital investment alternatives.
  • #3 Calculate and interpret net present value (NPV).
  • #4 Calculate and interpret the internal rate of return (IRR).

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Explanation & Answer

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Running Head: HCS385 DISCUSSION

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HCS385 Discussion
Institutional Affiliation
Date

HCS385 DISCUSSION

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Nowadays healthcare environment, where realities of financial typically contribute a major role
toward decision making of healthcare services, it is typically crucial that managers at each and
every level acknowledge the fundamental healthcare finance concepts as well as the way these
concepts are utilized in order to improve organization’s financial or monetary well-being.
Question 1
Financial objectives include;
The healthcare providers they are enlarged enrollment in as well as healthcare insurance usage
through CHIP, health insurance along with Medicaid. Thus, in order for the healthcare providers
to achieve this issue, they are expected to offer to fund among other health coverage outreach
resources. They will also document as well as share lessons studied from education, enrollment
activities as well as outreach.
Another financial objective is to enhance the healthcare protection net quality as well as
effectiveness. Thus, in this case they are typically expected to offer technical help along with
different holds up to care systems. Additionally, they should endorse HRSA-funded efforts
purposely to attain meaningful use standards mainly to promote the health informa...


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