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Prompt- Due Thursday 5/13 - Female Voice Healthcare financing can leave you feeling overwhelmed; especially if there is lack of knowledge on the topic

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Prompt- Due Thursday 5/13 - Female Voice

Healthcare financing can leave you feeling overwhelmed; especially if there is lack of knowledge on the topic. Review the course learning outcomes for this course below. Attach a 4-5 minute audio recording of yourself discussing which outcome you are most concerned about achieving, why, and how this relates to your future career:

1. Evaluate and critique the roles and responsibilities of finance that healthcare organizations and managers can use for effective decision making.
2. Analyze critical financial concepts—including financial statements, variance and ratio analysis, and break-even analysis—used by healthcare organizations to create robust financial budgets, reporting systems, and other critical financial plans needed to ensure the organization’s financial viability in the long term.
3. Assess operating revenues, reimbursement, costs structures, and allocation methods used by healthcare organizations to ensure effective control, operation sustainability, and organizational efficiency and effectiveness.
4. Determine and evaluate the methods of working capital management, revenue cycle, and cash flows management.
5. Show the concepts of capital budgeting and investment and long-term financing decisions and options.
6. Design a business plan for a proposed healthcare operation.