Foundational Accounting Concepts
Although it is important to be familiar with foundational accounting concepts and to understand how they are calculated, it is equally important to recognize how the information from these calculations fits into the larger picture of daily actions in hospitals. Consider the simple task of taking patients their dinner trays. Think of all of the different costs that are involved. The dietitian must be paid, as well as the food handlers. The food has to be purchased as well as the trays and utensils. Trays must be delivered, picked up, and cleaned. A cost is incurred at each stage. In this Discussion, you consider how the costs of the daily tasks performed by nurses are accounted for and impact cash flow.
To prepare: •Review this week’s Learning Resources focusing on the difference between accrual accounting and cash accounting. Conduct additional research as needed until you are confident that you grasp the distinction between the two approaches.
•Consider why you would select one approach over the other and the effect it would have on financial decision making. Determine how you could explain these concepts to someone not familiar with accounting.
•Select a task you might perform daily, or an item that you might use daily in the workplace, and determine where the cost should appear on a balance sheet.
•Reflect on the role of cash in the financial operations of an organization. How could cash flow issues impact your own organization (or one with which you are familiar)?
Post an explanation of the difference between accrual accounting and cash accounting, and when each might be used. Then, describe a task you might perform or an item you might use daily, and explain where the cost should appear on a balance sheet, and why. Finally, assess how cash flow issues could impact your own organization (or one with which you are familiar).
Required Readings
Baker, J. J., Baker, R. W., & Dworkin, N. R. (2018). Health care finance: Basic tools for nonfinancial managers (5th ed.). Burlington, MA: Jones and Bartlett Learning.
•Chapter 4, “Assets, Liabilities, and Net Worth” (pp. 33-36) In this chapter, you are introduced to the meaning of assets, liabilities, and net worth. You explore the relationship between the three and how they must be balanced if an organization is to be successful. •Chapter 6, “Expenses (Outflows)” (pp. 47-54) The focus of this chapter is expenses and how they differ from costs. It highlights how costs should be reported and how expenses can be grouped for more effective planning and control. •Chapter 9, “Understanding Inventory and Depreciation Concepts” (pp. 81-93) This chapter examines the relationship between inventory and the cost of goods. It demonstrates how to calculate inventory turnover and product depreciation. •Chapter 11, “Reporting as a Tool” (pp. 119-125) This chapter describes the basic financial reports and how they are used in financial decision making. The four key financial statements are the balance sheet, the statement of revenue, and expense, the statement of fund balance or net worth, and the statement of cash flows.
Zelman, W., McCue, M., & Glick, N. (2009). Financial management of health care organizations: An introduction to fundamental tools, concepts, and applications (3rd ed.). Hoboken, NJ: Jossey-Bass. Retrieved from the Walden Library databases.
•Chapter 2, “Health Care Financial Statements” (pp. 25–86) This chapter describes the shared four basic financial statements of all organizations. The authors relate the basics to business-oriented and non-for-profit health organizations.
•Chapter 3, “Principles and Practices of Health Care Accounting” (pp. 87–120) This chapter explores the accounting practices and principles of health care. The authors detail the rules for recording transactions and the process of recording and developing financial statements.
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Forum Module 07 Discussion Dislocated Hip Prosthesis
/in Uncategorized /by developerHip replacement surgery is often recommended for patients who have continually painful and stiff hip/s caused by various medical conditions or injury. Hip replacement is a surgery in which the hip joint is replaced with a prosthetic implant. Hip prosthetics are designed to mimic the function of a functioning hip and provide normal to near-normal ranges of hip motion for a patient. However, prosthetic hips can have disadvantages including, dislocation which is a risk factor inherent to prosthetic hip replacements.
In your own words, describe the following, while citing the sources of any research that aided your answer:
Please make an initial post by midweek, and respond to at least two other student’s posts with substantial details that demonstrate an understanding of the concepts, and critical thinking. Remember that your posts must exhibit appropriate writing mechanics including using proper language, cordiality, and proper grammar and punctuation. If you refer to any outside sources or reference materials be sure to provide proper attribution and/or citation.
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Foucsed
/in Uncategorized /by developer1. Focused Reflection (30 points)
Objective: To reflect on the interprofessional roles (MD, SW, OT, PT, RT, RD, PharmD) you saw on the unit and describe communication between them and the nurse.
· List all of the different providers that were involved in your patient’s care. What was the focus of each of these providers in the patient’s care? What was your nursing focus on the patient’s care? Be specific and give examples.
· How did you or the nurse communicate with each different provider? How did each provider communicate with the nurse? Be specific and give examples.
· What did you see done well and what would you improve? What would you specifically do to improve it?
The reflection should be 2-3 pages, but not longer than 3 pages. Use Times New Roman 12 point font, 1-inch margins, and double spacing to format your paper. The reflection does not need a title page or references. See syllabus for late assignment point deductions.
Focused Reflection rubric
0
3
Length and Mechanics
Does not meet page requirement.
One formatting error. Multiple spelling/grammar errors. Point is not understandable.
3 pages typed.
Double spaced.
TNR 12 pt font.
1 inch margins.
Minor spelling/ grammar errors, but point is understandable
0
3
5
7
9
Listed providers and their focus vs. nursing focus. Was specific and gave examples.
Does not address.
Needs improvement.
Mostly complete.
Above average.
Completely addresses.
0
3
5
7
9
Described nurse to provider and provider to nurse communication. Was specific and gave examples.
Does not address.
Needs improvement.
Mostly complete.
Above average.
Completely addresses.
Described what was done well and what to improve. Gave specific suggestions on their improvements.
Does not address.
Needs improvement.
Mostly complete.
Above average.
Completely addresses.
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Foundation Of Knowledge
/in Uncategorized /by developerAssignment:
Based on what you have learned so far this week, create a PowerPoint presentation with 1-2 minutes of speaker notes for each slide that addresses each of the following points/questions. Be sure to completely answer all the questions for each bullet point. Use clear headings that allow your professor to know which bullet you are addressing on the slides in your presentation. Support your content with at least four (4) citations throughout your presentation. Make sure to reference the citations using the APA writing style for the presentation. Include a slide for your references at the end. Follow best practices for PowerPoint presentations related to text size, color, images, effects, wordiness, and multimedia enhancements which is located in the Resources tab.
McGonigle, D. & Mastrian, K. (2017) Nursing informatics and the foundation of knowledge (4th ed.). Burlington, MA: Jones & Bartlett
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Foundation Of Nursing Research
/in Uncategorized /by developerIn Week 1, complete the following tasks:
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Foundation Of The Role Of The Nurse Practitioner As Prescriber Legal And Professional Issues In Prescribing
/in Uncategorized /by developerFoundation of the Role of the Nurse Practitioner as Prescriber Legal and Professional Issues in Prescribing. Make sure to read highlighted instructions in the upload file. The state will be FLORIDA (the main one for this paper). The other state to compare please do Massachusetts.
Scholar within 5 years PLEASE!!!! And include doi# also. Pay attention to the due date and also perfect grammar
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Foundational Accounting Concepts 18694951
/in Uncategorized /by developerFoundational Accounting Concepts
Although it is important to be familiar with foundational accounting concepts and to understand how they are calculated, it is equally important to recognize how the information from these calculations fits into the larger picture of daily actions in hospitals. Consider the simple task of taking patients their dinner trays. Think of all of the different costs that are involved. The dietitian must be paid, as well as the food handlers. The food has to be purchased as well as the trays and utensils. Trays must be delivered, picked up, and cleaned. A cost is incurred at each stage. In this Discussion, you consider how the costs of the daily tasks performed by nurses are accounted for and impact cash flow.
To prepare: •Review this week’s Learning Resources focusing on the difference between accrual accounting and cash accounting. Conduct additional research as needed until you are confident that you grasp the distinction between the two approaches.
•Consider why you would select one approach over the other and the effect it would have on financial decision making. Determine how you could explain these concepts to someone not familiar with accounting.
•Select a task you might perform daily, or an item that you might use daily in the workplace, and determine where the cost should appear on a balance sheet.
•Reflect on the role of cash in the financial operations of an organization. How could cash flow issues impact your own organization (or one with which you are familiar)?
Post an explanation of the difference between accrual accounting and cash accounting, and when each might be used. Then, describe a task you might perform or an item you might use daily, and explain where the cost should appear on a balance sheet, and why. Finally, assess how cash flow issues could impact your own organization (or one with which you are familiar).
Required Readings
Baker, J. J., Baker, R. W., & Dworkin, N. R. (2018). Health care finance: Basic tools for nonfinancial managers (5th ed.). Burlington, MA: Jones and Bartlett Learning.
•Chapter 4, “Assets, Liabilities, and Net Worth” (pp. 33-36) In this chapter, you are introduced to the meaning of assets, liabilities, and net worth. You explore the relationship between the three and how they must be balanced if an organization is to be successful. •Chapter 6, “Expenses (Outflows)” (pp. 47-54) The focus of this chapter is expenses and how they differ from costs. It highlights how costs should be reported and how expenses can be grouped for more effective planning and control. •Chapter 9, “Understanding Inventory and Depreciation Concepts” (pp. 81-93) This chapter examines the relationship between inventory and the cost of goods. It demonstrates how to calculate inventory turnover and product depreciation. •Chapter 11, “Reporting as a Tool” (pp. 119-125) This chapter describes the basic financial reports and how they are used in financial decision making. The four key financial statements are the balance sheet, the statement of revenue, and expense, the statement of fund balance or net worth, and the statement of cash flows.
Zelman, W., McCue, M., & Glick, N. (2009). Financial management of health care organizations: An introduction to fundamental tools, concepts, and applications (3rd ed.). Hoboken, NJ: Jossey-Bass. Retrieved from the Walden Library databases.
•Chapter 2, “Health Care Financial Statements” (pp. 25–86) This chapter describes the shared four basic financial statements of all organizations. The authors relate the basics to business-oriented and non-for-profit health organizations.
•Chapter 3, “Principles and Practices of Health Care Accounting” (pp. 87–120) This chapter explores the accounting practices and principles of health care. The authors detail the rules for recording transactions and the process of recording and developing financial statements.
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Foundational Information In Health Informatics 19113835
/in Uncategorized /by developerPlease include the resources here in completing the assignment
· Module 2.1 Learning Resources
Readings:
· Nelson, R., & Staggers, N. (2018). Health informatics: An interprofessional approach (2nd ed.). St. Louis, Missouri: Elsevier.
o Chapter 12 The Engaged ePatient
o Chapter 13 Social Media Tools for Practice and Education
o Chapter 14 Personal Health records
o Chapter 15 mHealth: The Intersection of Mobile Technology and Health
o Media:
· HealthIT. (n.d.). The guide to getting & using your health records. Retrieved from https://www.healthit.gov/how-to-get-your-health-record/
· Healthcare Information and Management Systems Society. ( 2015, February 20). mHealth app essentials: Patient engagement, considerations, and implementation. Retrieved from:http://www.himss.org/mhealth-app-essentials-patient-engagement-considerations-and-implementation
· myPHR https://www.myphr.com/
· AHIMAonDEMAND (2010, January 28). What a PHR can do for you [Video file]. Retrieved from: https://www.youtube.com/watch?v=jQJVceBNXFY
Module 2.1 Activity
This Learning Activity will help you to develop skills and knowledge that you will need for the Competency Assessments. It is highly recommended that you complete this optional activity.
Personal Health Records
Part of being an engaged patient, is knowing your health information and having copies of pertinent health information from your providers.
Create a plan to start a personal health record for you or a member of your family.
Address the following questions:
· How will you identify the current locations of your medical records?
· How do you obtain the medical records? Include if state law allows a fee for copying a medical record for a patient. How will you maintain your health record (digitally or in paper format)?
Include the rationale for your format and any associated costs with the plan.
· Provide current creditable sources supporting your statements.
· Prepare this paper according to current APA guidelines.
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Foundational Information In Health Informatics 19124885
/in Uncategorized /by developerThis is revised work. It has been reviewed and this are the instructor’s comments below. The paper itself is attached
Comments from instructor
Competency 1 Assessment
You list several advantages of informatics, but do not discuss one issue that will be helped with informatics.
There is no discussion of the history of informatics.
The running head is formatted differently on the first page and is never bold. For sources with 1-2 authors, you must list them all every time you cite that source. For sources with 3-5 authors, you only list all the authors the first time, For subsequent citations only list the first author with et al. For sources with more than 5 authors, only list the first author with et al. every time you cite. References should not bold. Only sources that are cited in the paper are included in the reference list.
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Foundational Information In Health Informatics 19131903
/in Uncategorized /by developerThis is a reconstruct
The project instruction wants the student to pick 1 issue in the health care field and discuss how informatics will help that one issue.
1. How does the issue impact healthcare informatics?
2. Will this issue have a long-term effect?
3. Will this effect be positive or negative? Why?
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Foundational Information In Health Informatics 19135941
/in Uncategorized /by developerThis is a reconstruct
The project instruction wants the student to pick Opiod Epidemic as an issue in the health care field and discuss how informatics will help it.
1. How does the Opiod Epidemic impact healthcare informatics?
2. Will Opiod Epidemic have a long-term effect?
3. Will this effect be positive or negative? Why?
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