Interview your nurse manager or department manager and ascertain how they utilize accounting and financial analysis in the decision-making process related to patient care. Provide an example from your interview.
Based on what you have learned so far in this course, create a PowerPoint presentation that addresses each of the following points/questions. Be sure to completely answer all the questions for each bullet point. Use clear headings that allow your professor to know which bullet you are addressing on the slides in your presentation. Support your content with at least four (4) sources throughout your presentation. Make sure to reference the citations using the APA writing style for the presentation. Include a slide for your references at the end. Follow best practices for PowerPoint presentations related to text size, color, images, effects, wordiness, and multimedia enhancements. Review the rubric criteria for this assignment. Financial Analysis in Decision Making
Why are balance sheets important to healthcare organization finance and what area of the balance sheet would you consider the most critical?
• Comparing organizational costs which costs does nursing administration have little control over and why? Which costs would be most important if you are expanding your services and considering quality improvement measures?
• Compare and contrast for-profit and not-for-profit corporate structures based on the information available from a balance sheet and an income statement? Fundamentally, what are the differences? Financial Analysis in Decision Making
• Goodwill and patents are considered what types of assets? Give detailed examples and explain.
• Compare and contrast assets which are the essential economic lifeblood of a healthcare organization stability. Give detailed examples and explain.
This PowerPoint® (Microsoft Office) or Impress® (Open Office) presentation should be a minimum of 17 slides, including a title, introduction, conclusion and reference slide, with detailed speaker notes. Review and use at least four scholarly sources to support your perspective and make certain to review the module’s rubric before starting your presentation.