Planning and Budgeting

Planning and Budgeting

Select a health care organization with which you are at least somewhat familiar (e.g., your local clinic or your dentist’s practice). Write a paper in which you:
Determine what your selected organization would need to take into account when making pricing and service decisions.
Describe the overall planning process and the likely components of the selected organization’s financial plan. Be sure to include discussion as to how you arrived at answer(s).
Discuss how time value analysis would help your selected organization make sound management decisions (use specific examples to illustrate your response).
Recommend a major investment for the organization you selected using net present value, pertinent financial ratios, and break-even analysis.
Determine the most likely way your selected organization should address financial risk and required returns.
Describe the overall planning process and the key components of the financial plan.
Explain why time value analysis is so important to health care financial management.
Use technology and information resources to research issues in health financial management.
Write clearly and concisely about health financial management using proper writing mechanics.

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