Reference no: EM132173055
IP Assignment
You are the CEO of a 200-bed acute care facility and are challenged with the mandates of the Patient Protection and Affordable Care Act (PPACA) 2010. More specifically, you must lead your institution in changing reimbursement processes from fee-for-services to bundled payments.
• In a PowerPoint presentation of 6-8 slides, not including title slide and reference slide and with 100-200-word speaker notes per slide, identify and discuss the best and the least-effective leadership approaches to implement a process change within your finance department.
Your presentation should cover the following points (Lazerow, 2011):
• History of PPACA 2010
• How bundle payments are processed
• How health care facilities price their services
• How this service was established
• What benefits this has for the health care facility
• How physicians and hospitals determine better patient services, lower costs, and increase quality of patient encounters
• Halo or spillover effect
Include the following in your PowerPoint presentation:
• Speaker notes
• Cover page
• Conclusion
• References using APA formatting for all citations
Reference
Lazerow, R. (2011). The top questions about Medicare's bundled payment program: You asked. We answered. The Daily Briefing.
DB Assignment
Primary Task Response: Within the Discussion Board area, write 300-500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
• Discuss a leader's effectiveness using utilitarianism as the ethical decision-making approach in regard to the health care challenges set forth by the Patient Protection and Affordable Care Act of 2010.
• Answers can be in the form of classical utilitarianism, consequentialism, rule consequentialism, or rule utilitarianism.
DB Assignment
You have recently hired a new assistant, Susan Thompson, who previously worked in a financial accounting office preparing journal entries, which provide you with a recording of the day-to-day activities of the company and financial statements (income statement, statement of owners' equity balance sheet, and cash flow statement).
Although your new assistant has experience with and fully understands financial accounting, she has no experience with managerial accounting.
Part 1
In a memo to your new assistant, Susan Thompson, complete the following:
• Explain to her the similarities and differences between financial and managerial accounting.
• Provide examples of managerial accounting reports that she could expect to see within EEC, and explain how management might use the information to make decisions.
o Keep in mind that although the income statement, the statement of owners' equity balance sheet, and the cash flow statement are generated in financial accounting, they are used to develop all of your managerial accounting reports.
o Examples of a few of those reports are the horizontal analyzes, vertical analyzes, and ratios.
Part 2
In a memo to the board of directors, discuss the information found in each of the following financial statements, and describe how accounting information is used by managers for planning and control:
• Balance sheet
• Income statement
• Statement of cash flows
• Statement of stockholders' equity