Unit One
Book: Baker, J. J. (2017). Health Care Finance (5th ed.). Jones & Bartlett Learning. ISBN: 9781284141375 (e-book); 9781284118216 (print edition)
Discussion Question 1 (20 points)
o Prompt: Describe the 4 recognized elements of financial management.
o Requirements: Essay Format; 75- 150 words minimum initial post, 50 words minimum reply
• Discussion Question 2 (20 points)
o Prompt: Discuss how managers use the basic system level elements of financial management to communicate information. Provide a unique example, which is not a replication of other posts, of a topic presented by a financial manager.
o Requirements: Essay Format; 75- 150 words minimum initial post, 50 words minimum reply
Unit Two
• Discussion Question 1 (20 points)
o Prompt: Describe the elements of the 3 part equation where Assets=Liabilities + Net Worth. Present in a chart and format the placement of the 3 part equation where Asset $20,000 and Liabilities are $12,000.
o Requirements: Essay Format; 75- 150 words minimum initial post, 50 words minimum reply
• Discussion Question 2 (20 points) o Prompt: Explain what is a cost report? Describe what is a cost center and how expenses are allocated. What are direct and indirect costs?
o Requirements: Essay Format; 75- 150 words minimum initial post, 50 words minimum reply
Unit Three
• Discussion Question 1 (20 points)
o Prompt: What is a Break Even Point? Present the calculation used to calculate an annualized FTE inclusive of both productive and non productive time.
o Requirements: Essay Format; 75- 150 words minimum initial post, 50 words minimum reply
• Discussion Question 2 (20 points)
o Prompt: List and describe the five methods of computing depreciation. Using any one of the listed depreciation methods, what is the rate of depreciation for a piece of equipment purchased for 220,000 which is 2 years old with useful live remaining of 3 years with salvage value of $5,000?
o Requirements: Essay Format; 75- 150 words minimum initial post, 50 words minimum reply
Unit Four
Discussion Questions. 1 (20 points)
o Prompt: Present the formula for calculating operating income and explain on which statement will you find this metric.
o Requirements: Essay Format; 75- 150 words minimum initial post, 50 words minimum reply
• Discussion Question 2 (20 points)
o Prompt: Present the formula to calculate the payback period for an investment and describe why this is important related to identifying when an outlay of cash or resources will be recovered. Present within a chart the payback period to recover for purchase of equipment which was 60,000 and inflow generated on the equipment is $1200 per week. What is inflation and how would an inflation factor impact your numbers used to determine inflation?
o Requirements: Essay Format; 75- 150 words minimum initial post, 50 words minimum reply
Unit Five
Discussion Questions:
• Discussion Question 1 (20 points) o Prompt: What is an operational budget? What is a capital budget? Provide a unique example of how a finance manager would use these tools together in support of business operations?
o Requirements: Essay Format; 75- 150 words minimum initial post, 50 words minimum reply
• Discussion Question 2 (20 points)
o Prompt: What is the calculation for contribution margin? What can you derive or determine by analyzing the contribution margin?
o Requirements: Essay Format; 75- 150 words minimum initial post, 50 words minimum reply
Unit Six
• Discussion Question 1 (20 points)
o Prompt: What are the different types of Bonds? How might the health care industry use bonds to fund projects in support of the community served?
o Requirements: Essay Format; 75- 150 words minimum initial post, 50 words minimum reply
• Discussion Question 2 (20 points)
o Prompt: Describe what is generally considered the cost of financing?
o Requirements: Essay Format; 75- 150 words minimum initial post, 50 words minimum reply