Reference no: EM133925970
Homework: Selected Asset/Resource- MRI Equipment
For the Homework, assume that you are a financial expert at Arizona Health Services (AHS), a large not-for profit hospital system and you have been charged with conducting an operational analysis on a single resource or asset. You will report the results of your analysis in an email to the AHS leadership in which you explain the efficiency and viability of the resource or asset you selected.
To complete the Homework, conduct an operational analysis of a single resource or asset in which you determine whether the resource or asset is efficient and viable. As you prepare the email, consider the following:
1. How managing material assets contributes to making effective management decisions and ensuring operational efficiency.
2. How leveraging the cost of trade credit can improve cash flow and enhance working capital.
3. How lease financing and business valuation that can help healthcare managers use financial resources effectively.
4. How the homework of potential expenditures on capital investment informs capital investment decisions.
5. How long-term financing options allow healthcare organizations to achieve financial and operational viability in the long-term.
6. How project risk analyses are used to conduct the appropriate risk evaluation for the project.
7. How post-audits contribute to the review of project performance.
Your email should include the following:
1. Describe the resource or asset you selected. Get the instant assignment help.
2. Explain how the resource or asset is used in the healthcare facility.
3. Describe the operational analysis process you used to determine the efficiency and viability of the asset or resource selected
4. Explain whether the resource or asset is the most viable and efficient option.
5. Justify your determination
Leadership Orientation Presentation on Healthcare Financial Management
Learning Objective 1: Describe the impact of financial concepts on decision making in a healthcare organization.
Learning Objective 2: Explain the importance of financial analysis in the role of healthcare leader.
Learning Objective 3: Describe major factors healthcare leaders must consider when making capital investment or capital structure decisions.
Learning Objective 4: Explain the process of project risk analyses.
Learning Objective 5: Explain how to incorporate risk homeworks into the capital investment decision process.
Learning Objective 6: Explain the importance of post audits in the implementation of projects.
Learning Objective 7: Recommend resources healthcare leaders should use to gain more information on financial management of projects in a healthcare organization.