Prepare Ratio Analyses Worksheets.

NURS6211 Prepare Ratio Analyses Worksheets.

NURS6211 Finance and Economics in Healthcare Delivery

Week 8 Assignment

Ratio Analysis

Your personal decisions regarding purchases are likely made, in no small part, based on your financial position. You will likely consult your bank statements and checkbook before buying. But the extent that you will go beyond current resources—including loans and financing—will depend on factors such as need for the good or service and potential it has for returning value. Similarly, leaders must juggle need, financial position, and potential for return when making expenditure decisions.

For this Assignment, you consider analysis tools such as expense forecasting, break-even, cost-benefit, marginal profit and loss and cost-effectiveness that can help determine the financial and organizational impact of proposed expenditures and investments.

To Prepare

Complete the required reading in the Learning Resources.

Reflect on how these might be applied to your project.

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NURS6211 Prepare Ratio Analyses Worksheets.
NURS6211 Prepare Ratio Analyses Worksheets.

The Assignment

Conduct a financial analysis using the three scenarios provided in the Excel Assignment Workbook. These are not based on your project but will help you learn the process.

Ratio Analyses Worksheets:

Open your Excel Assignment Workbook. This assignment will be completed on 3 separate tabs named:

W8A5a Expense Forecasting

W8A5b Breakeven Analysis

W8A5c Marginal Profit and Loss

Using the Healthcare Budget Request Guide for guidance, complete the three scenarios: expense forecasting, break-even, marginal profit and loss for the scenarios provided.

Adults without health insurance are far more likely to go without health care that they believe they need than are adults with health insurance of any kind (Lurie et al., 1984, 1986; Berk and Schur, 1998; Burstin et al., 1998; Baker et al., 2000; Kasper et al., 2000; Schoen and DesRoches, 2000). Children without health insurance may be compromised in ways that will diminish their health and productivity throughout their lives.

When individuals cannot access mainstream health care services, they often seek care from the so-called safety-net providers. These providers include institutions and professionals that by mandate or mission deliver a large amount of care to uninsured and other vulnerable populations. People turn to safety-net providers for a variety of reasons: some because they lack health insurance and others because there are no other providers in the area where they live or because language and cultural differences make them uncomfortable with mainstream care. Safety-net providers are also more likely to offer outreach and enabling services (e.g., transportation and child care) to help overcome barriers that may not be directly related to the health care system itself.

In this section, the committee reviews concerns about the barriers to health care that are raised by the lack of health insurance and by threats to the nation’s safety-net providers.