Simulation Review Paper Talitha Taft HCS/405 May 16, 2011 Todd Brown Simulation Review Paper Elijah disembodied spirit midsection (EHC), is a wellness trouble ecesis focused on cardiac health. The facility is equipped to handle the full spectrum of cardiovascular services for physicians and endurings. The infirmary also provides outpatient services for less trespassing(a) procedures and clinical care. Although the organizations patient volume is persistent and increasing in volume rapidly, there is a shortfall in regards to profitability. As the senior fiscal consultant, I get out present plans for short term and long term goals if needed. I will also recommend specific measures to modernize the infirmary and provide specific plans for hospital expansion. Financial Portfolio Elijah Heart Center has managed to stay in operation due to excellent patient services. In the process of great patient care, poor pecuniary decisions have been made in the past that now frustrate the profitable spectrum of the organization. Research data revealed that issues that have affected this organizations financial budget. The data revealed that (EHC) gave large discounts to manage care companies. The nursing staff was affected because higher wages were gainful to outside agencies who supplied contract nurses.
Of course when dealing with government health funded insurance carriers such as Medicare, the reimbursement levels are well to a lower place budget standards. Insurance rates are not rate of flow and based on past medical costs which stunts the financial growth of the hospital. Liabilities have increased and ½ of the liabilities are related to accounts payable. The hospital equipment will need replacement soon due to great usage. Another issue is the constant placement of unused equipment in patients rooms. This causes conflict because if the equipment is placed in the patients room, it is considered is supposed to be charged to the patient. Phase 1 Capital Shortage Bridging a working capital... If you want to get a full essay, order it on our website: Ordercustompaper.com
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