STUDENTWHIZ.COM HCS 405 Week 2 Health Care Financial Terms Paper The theme of HCS 405 is to enable students to learn about the financial statements and other financial transactions in the hospital industry. There are various topics in HCS 405 like balance sheet, statement of revenues and expense, revenue cycle, payer mix and revenue. There will be five weeks in the course of HCS 405 in which the above topics will be covered. There will also be the study about the financial worksheet and reporting
Words: 1024 - Pages: 5
HCS 405 week 1 Health Care Financial Terms Worksheet Paper - WWW.STUDENTWHIZ.COM Introduction The HCS 405 week 1 financial terms worksheet throws light on some of the most basic concepts of the healthcare business. Understanding health care financial terms is a prerequisite for both academic and professional success. The health care business helps the nation by providing the building blocks that the citizens need to live a successful and healthy life. The worksheet is intended to ensure that the
Words: 1037 - Pages: 5
Design Guide HCS/405 Version 5 1 Course Design Guide College of Natural Sciences HCS/405 Version 5 Health Care Financial Accounting Copyright © 2012, 2010, 2007, 2005, 2004, 2002, 1999 by University of Phoenix. All rights reserved. Course Description This course provides an understanding of the general principles of accounting applied in the health care environment. It includes an overview of sources of revenue for various health care entities. The fundamentals of financial planning, cost
Words: 2212 - Pages: 9
Financial Statement Review HCS/405 Financial Statement Review The financial statements are reports that are useful in many ways including showing where the cash going into the business comes from and how this money is used. Financial statements will also show if a company can pay back the debts that have accrued. Other useful indications for financial statements are to track a trend in any issues related to the probability, and identify
Words: 1003 - Pages: 5
Financial Statements Review Team E Jaime Jensen, Porsha Seay HCS 405 February 23, 2015 Jennifer Noren Financial Statements Review This paper is based on a case study for Patton-Fuller Community hospital. It’s a review on how to determine the annual reports differs from unaudited and audited statements. This paper will also explain the relationship between revenue sources and expenses on Patton-fuller financial performance. The effects of revenue sources on financial reporting at the
Words: 542 - Pages: 3
Financial Statements Review Financial Statements Review The following paper will address the Patton-Fuller Community Hospitals financial statements including the differences between the audited and unaudited financial statements, the effect that revenue sources had on the financial reporting for the hospital and how the hospitals revenue and expenses were grouped for planning and control. When organizations report unaudited financials it is important to realize there may be changes in the audited
Words: 782 - Pages: 4
Health Care Case Study: Financial Statements University of Phoenix Health Care Financial Accounting HCS/405 December 06, 2010 Health Care Case Study: Financial Statements This paper is a health care case study of financial statements for Patton-Fuller Community Hospital. This summary is a review of the annual report and financial statements and the differences between the audited and the unaudited statements. The financial ratios are examined to determine if there has been improvement
Words: 761 - Pages: 4
Financial Statements Reviewed Beverly Landrum HCS/405 September 15, 2014 Terri Andrews Financial Statements Reviewed Team D will explain the difference between the audited and unaudited financial report starting with the team’s understanding the financial statement and results should be expressed in thousands. Team D recognized any number from the statement should have zeros added at the ends. Let’s say a number that is written as 7,000 in the statement should actually read 7,000,000. So
Words: 490 - Pages: 2
Financial Statement Review Team C HCS/405 September 15, 2014 Financial Statement Review Introduction This summary review provides insight in the Patton-Fuller Community Hospital financial statement. This paper will show the relationship between the two sources of revenue and expenses on the financial report, also review the annual reports from 2008-2009, along with the difference between the two statements audited and unaudited. In addition, the paper will show how the impact of the
Words: 759 - Pages: 4
Financial Statements Review Ashley Dunn HCS/405 November 14, 2013 Robert McDaniel Financial Statements Review The Patton-Fuller Community Hospital is a full-service, for-profit hospital with 600-beds. Since 1975, the hospital has made every effort to provide advanced patient care for both inpatient and outpatient treatment in Northwest valley. The Patton-Fuller Community Hospital is owned by a 14 person board, in which 12 are active physicians. Collectively, the board works
Words: 610 - Pages: 3
