Posted: September 17th, 2017

Major financial reports used in health care organizations

Finance for Health Care

Assignment:
Financial Statements Training and Education
Unit outcome(s) addressed in this Assignment:

Describe the format and elements of a balance sheet, statement of operation,
statement of changes in net assets, and statement of cash


Explain financial statement analysis.


Discuss uses of financial information.


Describe alternative in financial reporting.
Course outcome(s) addressed
in this Assignment:
HS440

3:
Analyze major financial reports used in health care organizations.
Leadership professional competency addressed in this Assignment:
PC 2.2:

Formulate innovative solutions for identified initiatives.
Instructions
Imagine that you have recently been promoted to the role of Chief Training and Education
Officer for Health Care Systems, Inc., a regional not for profit hospital, with over 3,000
employees who serve all aspects of patient services.
In this new role, the CEO has asked
to create a training module for all employees.
This training and education module will focus on the uses of financial statements to make effective decisions.
The CEO also requested that you include some educational information on how financial
statements reflect an organization’s financial health.
When completing this Assignment, consider the following:

What information is most important for the employees to understand?
Ask
yourself, “If I was an employee, what would I need to know and why?”

Consider how
training and educating employees on the uses of financial
statements may influence their everyday decisions.
What information should the
employees know?
What is most important?

What kinds of examples can I provide to show the impact of financial statements
on decision making?
HS440
|
Finance for Health Care
2
The training module should be created as a PowerPoint® Presentation and should include an
introduction to the concepts you will train the employees, examples
of financial statements
employees may encounter, examples of how to use these statements to guide decision making,
and a conclusion that summarizes their training.
Requirements

Please be sure to download the file “Writing Center Resources” from Doc Sha
ring to
assist you with meeting APA expectations for written assignments.

Cite all of your sources using APA guidelines.
Submitting Your Work
For directions on how to submit your work and review your graded assignments, refer to the
Dropbox Guide found on
the Academic Tools tab. Make sure that you save a copy of your
submitted work.
Unit 5 Assignment Grading Rubric = 250 points
Assignment Requirements
Points
possible
Points
earned by
student
Training Module includes a description of the balance sheet, the
statement of operations and the income statement
75
Training Module includes a description of the uses of financial
statements.
75
Training Module includes visual components that support the text
content
50
Training Module includes
introduction and conclusions
20
Report identifies the users of financial information and the role of
finance in decision making.
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