Knowing Your Health Care Facility

Knowing Your Health Care Facility

Part 1:

Complete the following chart by identifying and describing five facilities and the services they offer as well as identifying personnel who work in each facility.

 

Facility	Describe the facility.	Describe the services offered at this facility.	Identify types of personnel that work in this facility.
1. Hospital
2. Ambulatory care
3. Rehabilitation
4. Retail health clinic
5. Long-term care

Cite at least five peer-reviewed, scholarly, or similar resources.

 

Part 2:

 

Describe the following health care structures.

 

Health Care Structure	Describe the health care structure.	Identify a facility in your community that represents each of the health care structures.
Private Structure
For-Profit Structure
Voluntary Structure

Knowing Your Health Care Facility

 Discussion Questions (Optional):

 1) If you were able to apply for a job today, or a new position in the health care industry, what type of facility would you be attracted to? Explain why.

2) What value (qualifications) would you bring to your selected facility?

Expense Forecasting

In this Application Assignment you calculate scenarios focusing on benefit/cost ratio analysis, marginal profit and loss statements, and break-even analysis. For these scenarios, you will utilize the provided figures to perform calculations and then make recommendations about the viability of the investment opportunities

Expense Forecasting Scenario

Your department has performed 20,000 procedures during the first six months (January–June) of 20X1. Spending during that period of time was $210,000 for fixed expense items and $1,200,000 for variable expense items. Of those amounts, $50,000 of fixed expense money was spent on preparing for a Joint Commission survey. Volume is anticipated to be 10% higher in the second half of the year. On November 1st, two new procedure technicians will begin work. The salary and fringe benefit costs for each are $96,000/year. Based on the information provided, prepare an expense forecast for 20X1.

Annualization for Fixed:  (Adjusted Total for Year to Date Expense/6) * 12 =Total Annualized Amounts
Annualization for Variable (Adjusted Total for Year to Date Expense/ 20,000) * 40,000 =Total Annualized Amounts.