What is forecasting in a healthcare business. Provide an example of how forecasting is conducted in a healthcare organization.
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- Please describe the importance of financial information in healthcare organizations and list the users of financial information? and what is the role of coding information in healthcare organizations in claim generation?How does having an effective payment model impact the role of a manager / administrators in a healthcare organization .How will I, as a health care manager, be involved in long-term financing for your organization? Provide examples.
- a. What is the primary difference between financial statementanalysis and operating indicator analysis?b. Why are both types of analyses useful to health services managersand investorsStrategies that a hospital must do to achieve financial healthinessHow can cost accounting be utilized to support healthcare organizational strategic decisions and goals related to departments, facilities, and services.
- What are the differences between the strategic initiatives and operating activities of a health care organization?How can CVP Analysis be used to predict future cost and profitability? How can CVP analysis be used in a hospital setting?What is the importance of ratio analysis? What are the four main categories? How would a health care manager use ratio analysis?
- What is the key issue currently facing healthcare managers? Do you think this is something that financial managers face in industries other than healthcare?Why is financial ratio analysis crucial for understanding the financial position of a healthcare organization? Select any three of the commonly used financial ratios, provide the formula, and briefly explain what it tells us about the status of the healthcare facility.Give three example of : Assets in a Healthcare organization (name the organization you are thinking of)