Healthcare financial mgt

  Assessment #2: Soundness Circumspection Financial Concepts Monograph Requirements From the schedule of financial concepts, cull simply 1-2 financial concepts to argue. Search for a soundnesscircumspection finance akin period on the concepts. In a 3-5 page monograph, depict how you can devote the clarified financial concepts from the period to your present soundness circumspection construction or a soundness circumspection construction of your select.   Some ins of financial concepts are: Revenues or income cycle Fixed and capricious costs GAAP Contribution margin Breakeven Analysis Capitation Income assertions Balance sheets Cost prize analysis Cost allocation methods Auditing process General understanding of soundness circumspection laws and regulations Time prize of money Financial assertion analysis Cost of excellent Financial risk Insurance and risk Ratio analysis Analytics Budgeting (operational and excellent) Forecasting Lease financing Cost control Benchmarks HIPAA solitude act Affordable Circumspection Act (ACA) JCAHO ICD-10 Profit vs. non-profit Best practices Compliance Be firm to enclose the following: Provide a abridgment of the period (must be soundnesscircumspection akin). Declaration should be amid the developed 5-10 years for present periods. Provide an sense of the financial concept(s) base in the period. Provide an in of how you can devote these financial concept(s) to your present soundness circumspection construction or to the soundness circumspection construction of your select (i.e. John Hopkins Hospital, Mayo Clinic)*. Include the spring of the period in the monograph and enclose another spring aloft the present period (a stint of 2 springs are required).