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
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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
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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
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Henderson The Patton-Fuller Community Hospital represents a structure organization within the healthcare setting where the highest quality of care is aimed among all employees. Although the quality of care holds a vital of importance within the healthcare organization, finance and budgeting plays a very important role as well. Finance with any organization paves the way to great success for their consumers along with their medical staff. According to the financial statements, Patton-Fuller Community
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finances in a status that allows it to operate, and produce a level of revenue that secure its existence over the years. To reach these objectives, managers must perform key functions that involve planning, decision making, controlling, organize, staffing, among others. The planning function is a vital chore of health managers that includes the identification of goals, and objectives to take the organization to the desired future state based on the current conditions (Liebler & McConnell, 2008).
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Patton-Fuller Community Hospital Risk Assessment & Security Audit Patton-Fuller Community Hospital Risk Assessment & Security Audit Risk assessment and threat assessment should go hand-in-hand.The outcome of the risk assessment and threat assessment should provide recommendations that maximize the protection of confidentiality, integrity and availability while still providing functionality and usability. The purpose of a risk assessment is to ensure sensitive data and valuable assets
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Financial Data Analysis HCS/577 July 14, 2014 Financial Data Analysis Patton - Fuller Community Hospital | Balance Sheet as of December 31 | 2009 and 2008 | (In thousands) | (Audited) | 2009 | 2008 | Assets | Current Assets | Cash and Cash Equivalents | $22,995 | $41,851 | Assets of Limited Use | $27,594 | $41,851 | Patient Accounts Receivable (1) | $58,787 | $37,666 | (net of Allowance for Bad Debts 2009: $11,757 / 2008: $7,533) | Other Receivables
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the needs of the hospital. Since there is several financial management practices involved with creating an operating budget, we must understand which practice will help us create a budget that is substantial for the needs of Patton Fuller Community Hospital. The Patton Fuller Community Hospital Nursing Statistics provided information including cost of nurse per hour, cost of nurse per 24 hour day, number of nurses per patient, number of nurses per day, nursing cost per day, and nursing cost per month
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Patton-Fuller Community Hospital (PFCH) is a for-profit health care organization serving the Northwest valley area. It is a 600-bed full service hospital opened in 1975 and has been committed to providing state of the art medical care to the people of Kelsey and the surrounding communities. This hospital is owned by the physicians practicing at the facility. The facility receives 80% of its revenue through in-patient services which include surgery, medical-surgical nursing, and intensive care charges
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PFCH DC Unification Project UNIX and Linux Advantages UNIX has been the cornerstone for infrastructure for the past decade with popular flavors such as Solaris (Craig, 2012). UNIX is a proprietary brand typically run in large organizational infrastructure. However, many of the UNIX variants are open source that allow users to customize their distribution as they see fit and making copies to install in an unlimited number of machines. UNIX offers a highly stable operating system (OS) that is ideal
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