December 22, 2014 Terri Andrews Sensitivity Analysis Many organizations have data analysis to review the financial statements, annual report, and budget issue documents; The Patton-Fuller Community Hospital is no different. In this analysis we will look over and address all of the areas that affect staffing at Patton-Fuller. These areas will vary between the numbers of nurses to the number of patients as well as staff compensation from wages to raises. A comparison of two years’ worth of data
Words: 1355 - Pages: 6
Paper December 2, 2013 Introduction Patton Fuller Community Hospital was started in the year of 1975. Patton Fuller Community Hospital has been dedicated to good quality care. It is a 600-bed capacity. It is known to be a for profit hospital. Its physicians and some that are still practicing at the facility own Patton Fuller Community Hospital. The financials of Balance Sheet and Statement of Revenue and Expense demonstrates how
Words: 900 - Pages: 4
Week 9 Final Project Ethics Program Report Patton Fuller Community Hospital Ethics Program Report Within Patton Fuller Community Hospital (PFCH) it has been brought to my attention there are moral and ethical issues we are facing. These issues are; * Unauthorized disclosure of patient information * Data security breach * Medication doses error Since the hospital main focus is the patients as it is states in their mission statement, that they cares about the patients and not the
Words: 2035 - Pages: 9
in the audited version of the financial statements (Patton-Fuller Community Hospital, 2009). This means that the hospital most likely will not collect on this patient accounts receivable and has classified it as a bad debt so it is estimated to result in a loss. The management uses historical data to estimate bad debt but new agreements with managed care payers required an adjustment to the expense and allowance during the audit (Patton-Fuller Community Hospital, 2009). This also decreases the
Words: 778 - Pages: 4
Analyze the current business system in place Patton-Fuller Community Hospital has a business system that weighs heavily on Human capital to be fully maintained. The flaw in this system is that the communication between departments is not reliable or not there at all. Hospitals rely on open and fast communication with every staff member and departments. The system that Patton-Fuller is currently using has one challenge that cannot be overlooked and that is the human error when inputting the patient
Words: 972 - Pages: 4
is to compare financial data for two consecutive years for Patton-Fuller Community Hospital from the 2008 and 2009 Balance sheets and Revenue and Expense sheets, and to identify significant changes between the years. I will also attempt to provide possible explanations for those changes based upon information provided within the Annual Report for that hospital. Patton-Fuller Community Hospital Financial Statements 2008-2009 Patton-Fuller Community Hospital (PFCH) is a large full service hospital
Words: 980 - Pages: 4
and stable network is immeasurable. The challenge in most industries, especially healthcare, is address security concerns and the rights of the patience. Patton-Fuller Community Hospital, located in the City of Kelsey, is a fully function hospital servicing the local area since 1975. Recently, The Chief Executive Officer (CEO) of Patton-Fuller Community Hospital expressed the desire to design an upgrade to the current network architecture. This design will include upgrades to hardware components
Words: 1760 - Pages: 8
Course 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
Words: 2212 - Pages: 9
Statements The paper is a health care case study on Patton-Fuller Community Hospital’s financial statements. The summary of the paper is a review on the annual report financial statements at Patton-Fuller Community Hospital. A discussion on how the audited and unedited financial statements differ. An explanation will be discussed on the financial ratios for the hospital improving. The relationship between revenue sources and expenses on Patton-Fuller’s financial performance will be discussed. The
Words: 322 - Pages: 2
Statements The paper is a health care case study on Patton-Fuller Community Hospital’s financial statements. The summary of the paper is a review on the annual report financial statements at Patton-Fuller Community Hospital. A discussion on how the audited and unedited financial statements differ. An explanation will be discussed on the financial ratios for the hospital improving. The relationship between revenue sources and expenses on Patton-Fuller’s financial performance will be discussed. The
Words: 1246 - Pages: 5
