Healthcare Assignment | Online Assignment

Perform an internet search for a current health care organization of your choice (preferably publicly traded for-profit organizations because these organizations must report all financial data and make it available to the public). In your search, select and evaluate the report of the financial information from the past 4 quarters or more. Complete the following for this assignment: Predict the effect of changes in all financial metrics to changes in a proposed strategic plan in your chosen organization for the following 3 scenarios: Payer mix changes from 50% Medicare and 5% Medicaid patients to 70% Medicare and 10% Medicaid patients in 1 year. Professional turnover goes from 5% annually to 10% annually. Demand for services increases 20% in 1 year Search course materials including your text and the Internet for assistance in completing applicable financial calculations for this assignment. Using the statements that you located, provide a financial plan that will do the following: Create projected financial statements to analyze effects of alternate operating assumptions on the firm’s financial condition Determine the projected financial requirements that will be needed to support each of the 3 sets of alternate operating instructions Forecast the financial sources that might be needed to support your alternative assumptions Assess the projected results using a financial condition analysis to the forecasted data Provide appropriate spreadsheets such as Projected Income Statement and Projected Balance Sheets to validate your projected assumptions. Consider the effect of the following factors to justify the changes that may be needed to the strategic plan as a result of your analysis: Validity of data in the decision-making process Revenue growth rate Capacity Rate of turnover

REFERENCES MUST BE WITHIN 5 YEARS******* Support ideas by drawing from (and citing) “good” sources; i.e., recent, relevant, credible materials. The selection of references should represent the best available references on the topic. Avoid using information posted on websites – visit http://library.ucsc.edu/help/research/evaluate-content-from-the-web for information on evaluating websites. Do not use sources like Wikipedia and Answers.com – these may provide good background information; but these are not scholarly. Some other unacceptable sources include: cliffsnotes.com, managementhelp.org, managementstudyguide.com,mindtools.com, smallbusiness.chron.com, vectorstudy.com, and so on. If in doubt, ask. Instead of performing an internet search (using Google or other similar search engines) to find something to support ideas, take advantage of the university’s online library.