HCA 633-List and describe the characteristics of a successful
Question # 00565022
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Updated on: 07/23/2017 05:02 AM Due on: 07/23/2017
Resources:
Read/review the following resources for this activity:
Textbook (Kaufman): Chapter 2, 3, 4
Minimum of 1 reliable resource
Introduction
Study the assigned chapters and apply the main concepts of the readings to the healthcare
environment by answering the critical thinking questions listed below. Such concepts may
require additional research as the industry is constantly evolving.
Activity Instructions
Answer the following questions in an essay format (at least 100 words per answer) with answers
supported by the textbook, prevailing literature, and learner opinions where appropriate.
1. Concept 2: List and describe the characteristics of a successful hospital management team.
How do the governance and management functions of the team ensure success?
2. Concept 2: Review the more common financial ratios in table 2-1. Which ratios do you think
are the most important with evaluating the short-term cash needs of a facility?
3. Concept 3: Review the Strategic and Financial Responsibilities of the Board of Directors in
Sidebar 3-1. How do these items play an important role with Board and Managerial
Governance?
4. Concept 4: What are the traditional approaches to allocating capital in a healthcare
organization? How does the “best practice” process influence which approach to use to make
sound financial planning decisions?
Writing Requirements (APA format)
2-3 pages (approx. 300 words per page), not including title page or references page
1-inch margins
Double spaced
12-point Times New Roman font
Title page with topic and name of student
References page (minimum of 1 reliable resource)
Read/review the following resources for this activity:
Textbook (Kaufman): Chapter 2, 3, 4
Minimum of 1 reliable resource
Introduction
Study the assigned chapters and apply the main concepts of the readings to the healthcare
environment by answering the critical thinking questions listed below. Such concepts may
require additional research as the industry is constantly evolving.
Activity Instructions
Answer the following questions in an essay format (at least 100 words per answer) with answers
supported by the textbook, prevailing literature, and learner opinions where appropriate.
1. Concept 2: List and describe the characteristics of a successful hospital management team.
How do the governance and management functions of the team ensure success?
2. Concept 2: Review the more common financial ratios in table 2-1. Which ratios do you think
are the most important with evaluating the short-term cash needs of a facility?
3. Concept 3: Review the Strategic and Financial Responsibilities of the Board of Directors in
Sidebar 3-1. How do these items play an important role with Board and Managerial
Governance?
4. Concept 4: What are the traditional approaches to allocating capital in a healthcare
organization? How does the “best practice” process influence which approach to use to make
sound financial planning decisions?
Writing Requirements (APA format)
2-3 pages (approx. 300 words per page), not including title page or references page
1-inch margins
Double spaced
12-point Times New Roman font
Title page with topic and name of student
References page (minimum of 1 reliable resource)
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Rating:
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Solution: HCA 633-List and describe the characteristics of a successful