Summative Assessment: Health Care Accounting

 

Obtain a recent financial statement for your organization, detailing expenses and revenues (This can be from within the last year. You may need to work with your supervisor to obtain a financial statement.).

 

Write a 1,225- 1,550-word report on the major trends in your organization’s expenses and revenues. Include the following points:

  • 1.  Analyze any trends in expenses and revenue that you see. Are they on target to meet budget goals?
  • 2.  How can your organization contain or reduce expenses without damaging services and quality of care?
  • 3.  Can your organization’s reimbursement strategy be improved to increase revenue? If so, what would it be, and how would it be implemented?
  • 4.  How can your organization use its financial performance to build its brand?
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