HSM 340 All Weeks Discussions

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HSM 340 All Weeks Discussions

Week 1 DQ 1

a)   Are there any other types of information besides financial that may be useful in making financial decisions?

b)  Identify the major components of a corporate compliance plan, including the establishment of internal controls relating to the finances of an organization.

c)   How does legal and regulatory issues shape and define good financial management of a health care organization?


Week 1 DQ 2

a) Discuss the major reimbursement methods used in health care.

b) Discuss the major aspects of Medicare benefits.

c) List some of the important considerations when negotiating a health plan contract.


Week 2 DQ 1

Discuss the accounting conventions that affect the application of accounting principles.


Week 2 DQ 2

Explain why it is important to know the scope of business being reviewed when using financial statements


Week 3 DQ 1

Discuss the four types of costs that might be relevant when considering alternative projects.

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Week 3 DQ 2

Describe how cost information relates to the three key activities of management: planning, budgeting, and control.


Week 4 DQ 1

List the major nonhospital and nonphysician sectors of the healthcare industry


Week 4 DQ 2

Describe the two major theories used for the detection of out-of-control costs.


Week 5 DQ 1

List some of the kinds of information that is needed to evaluate a capital investment project


Week 5 DQ 2

List some of the pros and cons of retiring debt early.


Week 6 DQ 1

List and describe where cash is generated by an organization and where an organization uses its cash.


Week 6 DQ 2

List and explain the criteria that should be used when investing an organization’s cash in the short term


Week 7 DQ 1

Discuss legal and regulatory issues that affect MCOs


Week 7 DQ 2

Describe the relationship between financial planning and strategic planning.


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