Part 1: Application Paper #1 – Title Page, Introduction, Financial and Operational Analysis, Benchmarks and Comparative Analysis, and References.Part 2: Application Paper #2 – All Part 1 Sections, Abstract, Assumptions, Operating Budget, and Conclusion. Part 2 is due in Week Eight. Project Objectives 1. Apply fundamental concepts and practices of financial management and accounting to a health care organization. 2. Analyze financial statements and other reports to evaluate a health care organization’s overall operational and financial stability. 3. Demonstrate an understanding of how financial indicators are used to make assumptions about future financial performance. 4. Demonstrate an understanding of how operational indicators are used to make assumptions about future operating performance. 5. Design an operating budget for a health care organization. 6. Develop recommendations for a health care organization supported by financial and operational analyses and indicators. This project allows you to select a health care organization with which you are familiar, analyze the operations, and design an operating budget for the organization. Then, drawing on the concepts and principles from readings, exercises, current events, and class discussions, develop an operating budget project in which you: * Introduce the health care organization (Background),* Define the operating and financial condition,* Analyze the organization using financial and operational indicators,* Search the literature for operational benchmarks of health care organizations and do a comparative analysis,* Offer assumptions,* Develop an operating budget to address financial and operational conditions,* Develop a Conclusion Your Application Papers must include, but are not limited to, the following sections: Title Page: Include a title, date, your name, and the course name and number. Abstract: The abstract is a synopsis or executive summary of your project that also describes the project’s purpose and what it accomplishes. The maximum length of an abstract is half a page. Introduction: In the introduction, restate your approach and assumptions, the necessary background to your approach, and how you intend to address the key issues. Financial and Operational Analysis: In this section, you provide an in-depth analysis of the financial and operational issues of the health care organization, supported by relevant operational indicators, analyses, and literature sources. Benchmarks and Comparative Analysis: Present what you discovered in your literature search for operational benchmarks of health care organizations. Do a comparative analysis based on the operational benchmarks and your financial and operational analysis. Assumptions: In this section, you integrate the information from the financial and operational analyses, make assumptions about the current and future status of the organization, and provide the rationale and supporting data for each assumption. The presentation should provide sufficient information to understand and support the assumptions. Operational Budget: In this section, present your best estimate, based on current knowledge and assumptions, of the financial operations of the organization for the following year (Year 2), using the current year (Year 1) as the base year. Conclusion: In the conclusion, summarize your major findings and recommendations.References and APA 7th: All citations in the paper must appear in the reference list, and all references must be cited in the text. Choose references judiciously and cite them accurately.
Related Completed Projects
Explore how you will continue to gain knowledge of the concept as you progress in your nursing education and practice.
Why is there discriminatory representation of Muslims in the Media
Describe Tourism and creativity.
In order to find a balance between the cost of testing comparative to cost of failure, it would behoove teams to consider risk analysis.