Healthcare Financial Management Homework Help
Healthcare Financial Management
Milestone 4
Provide financial statement analysis, profitability ratios, and ratio analysis to support the capital budget proposal formulated in Milestone Three. You must also use financial calculations to support proposal recommendations and to explain the short- and long-term financial impact for the organization.
EDGAR Entity Landing Page (sec.gov)–Use CIK : 731766 to access UnitedHealth Group Inc Financial information
Specifically, the following critical elements must be addressed:
II. Financial and Budgetary Considerations
A. Financial Statements: What financial statements will you utilize in making your proposal, and how will you use these statements?
B. Proposal Impact: What impact will your proposal have on the organization’s financial statements? Articulate the impact using appropriate
terminology.
C. Flexed Versus Fixed: How would your proposal be different if using a flexed budget versus a fixed budget? In other words, how would the use of
one type of budget versus the other impact your proposal, and how would your proposal impact the budget? (Evaluate the differences between
a fixed and a flexed budget.
III. Proposal Justification
A. Ratio Selection: What ratios will you use to support your proposal and why? Select the ratio or ratios that would be the most appropriate.
B. Ratio Results: Calculate the selected ratios and articulate the results using accurate terminology. What do the results tell you about the viability
of your proposal?
C. Short- and Long-Term Impact: Based on your calculations and financial statement analysis, determine the short-term and long-term impact on
the organization and the organization’s financials. What is the short-term and long-term financial impact of your proposal for the organization?
How can you plan to strategically mitigate the impact on the financials of the company, or how will your proposal help inform strategic planning in the short and long term?
IV. Closing Statement/ Conclusion
A. Added Value: What value will your proposal add to the organization? Justify the value or improvement your proposal will add for the
organization, in consideration of trends in healthcare.
B. Justification of Proposal: How appropriate is your proposal based on your financial analysis? Justify your proposal based on the financials and
budgetary considerations. If you feel that your proposal is not appropriate given your analysis, explain why, with support of your reasoning.
Guidelines for Submission: APA format- 2-5 pages
Critical Elements | Proficient (100%) |
Financial Statements | Identifies the correct financial statements and information for use in preparing the proposal |
Proposal Impact | Clearly articulate the relationship between the proposal and the financial statement |
Flexed vs. Fixed | Accurately discusses the differences between flexed and fixed budgets in relation to the proposal |
Ratio Selection | Selects financial ratios appropriate for support of the proposal |
Ratio Results | Articulates the results of ratio calculations accurately using appropriate financial terminology |
Short- and Long-Term Impact | Determines accurately the short- and long-term potential impact of the proposal on the organization and the organization’s financials |
Added Value | Justifiesthe value the proposal will add to the organization with support from trendsin the healthcare environment |
Financial Justification | Justifies or denies the appropriateness of the proposal in terms of financial and budgetary considerations |
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DISC10