Financial Management

Due November 16 by 1130pn

Read To Be Completed document first.All other items are just supporting documentation.(instructions/templates and/or samples included)

 

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financial management 534 from the book corporate finance: the core 2010 custom edition. diversification in stock portfolios. Considering the following two, completely serparate economies. The expected return and volatility of all stocks in both economies is the same. In the first economy, all stocks move together in good times al prices rise together and in bad times they all fall together. in the second economy stock returns are independent one stock increasing in price has no effect on the prices of other stocks. Assuming you are risk averse and you could choose one of the two economies in which to invest, which one would you choose? Explain. i need two stock markets they can be made up for portfolio. (1.) 5 stocks and (2.) 15 with probability of 100%? im soo lost on this one, he advise that we make up the numbers and those are the numbers i made up, but this is the question from the text book.

 

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Financial information is presented below:

Operating expenses$ 31000

Sales returns and allowances6000

Sales discounts5000

Sales revenue180000

Cost of goods sold87000

The gross profit rate would be

0.52.

0.46.

0.49.

0.42.

 

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Financial Impact and Creating Stakeholder Buy-In 

Introduction

In this unit, you will be tasked with researching health  information management professionals, their job functions and abilities  to help the organization maintain or improve their HIM systems. You will  apply your research of health information management professionals and  their job functions to the scenario by creating and developing a job  description that matches the organization’s needs. As discussed  previously, it is important for organizations to hire the right  professionals to manage their health information systems ensuring that  those professionals and their skills are in line with organizational  goals.

However, there is also a financial impact to the organization and  it is important to be able to support the need and return on investment  (ROI) in order to achieve stakeholder buy-in.

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[u05a1] Unit 5 Assignment 1 

Information System Job Description and Summary

Scenario

For this assessment refer to your work on the Analysis of  Electronic Health Records System assignment. You may also wish to refer  back to the Vila Health: Analysis of an EHR System simulation.

Now that you have made recommendations on an EHR system and  meaningful use compliance, the leadership has decided to hire a health  information manager to oversee the EHR and other relevant HIM systems.  This person will be responsible for ensuring long-term meaningful use  compliance and working with the staff, stakeholders, and vendors to  ensure continued success and seamless use of the EHR system.

Since you spent so much time analyzing the organization’s systems,  this new hire will report directly to you and you will take the lead in  the hiring process.

Instructions

For this assignment, you will create two deliverables. The first is  a 2–3-page executive summary that summarizes the need for the position.  This will be presented to the leadership prior to posting the job  description and advertising it to potential candidates. The second is a  1–2-page job description detailing the position of the health  information management professional that you want to hire. 

The purpose of the executive summary is to present a clear case for  the need of the health information management professional position to  be hired. You should support this need with evidence from your analysis  that you completed in the first assessment of this course. The executive  summary will be assessed with the following scoring guide criteria:

• Explain an organization’s need for a health information  management professional to ensure long-term meaningful use and current  incentive program compliance.
• Analyze the potential financial impacts of hiring a new health information management professional.      
  • In other words, what will it cost to hire and employ the new  health information management professional versus the potential costs  incurred by failing meaningful use compliance or failing to achieve  incentives from current programs.
• Support hiring need and recommendations with specific evidence to encourage buy-in from the leadership.

The job description will allow you to lay out the desired skills  and responsibilities for the health information management professional.  It should include a minimum and a preferred education, experience, and  training requirement. The job description will be assessed with the  following scoring guide criteria:

• Describe specific job functions of a new health information management professional.
• Explain the skills and training needed by a new health information management professional to be successful in a position.

In addition to the points mentioned so far in this assignment, the  following scoring guide criteria will be assessed throughout your  assessment:

• Communicate the need for a health information management  professional and their job requirements in a manner that is clear and  concise.
• Integrate relevant sources to support assertions, correctly formatting citations and references using current APA style.

Additional Requirements

Your executive summary should meet the following requirements:

• Written communication: Written communication is free of errors that detract from the overall message.
• Professional format: The executive summary format is consistent with expectations for professionals in health care administration.
• APA formatting: Resources and citations are formatted according to current APA style and formatting standards.
• Number of resources: 3–5 peer-reviewed resources from scholarly journal articles.
• Length: 
  • Executive Summary: Should be 2–3 pages,  following APA alignment, double-spaced. Page count excludes the title  page and reference page. You do not need to write an abstract for this  assessment.
  • Job Description: Should be 1–2 pages. Job description format should follow a typical job description based on your research.
• Font and font size: Times New Roman,12 point.

Resources

• Information System Job Description and Summary Scoring Guide.
• APA Paper Template.
• APA Paper Tutorial.
• How Do I Find Peer-Reviewed Articles?.
• Library Guides.
• Capella University Library.
• Vila Health: Analysis of an EHR System | Transcript.
• Health Administration Masters Research Guide.
• APA Module.

 

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