Fiscal Planning and Management Presentation
You are a regional healthcare administrator for a long-term care organization. You have been asked to provide training to a new group of healthcare administrators, who just completed their degree. They have no work experience in healthcare administration or financial management. For this assignment, you are to:
Develop a narrated presentation using PowerPoint slides that explain the role of healthcare administrators in fiscal planning and financial management.
Be sure to address the following components:
- Strategic planning.
- Budgeting.
- Regulatory compliance.
- Insurance and reimbursement.
- Human resources/human capital/staffing.
Develop a 10–12 slide narrated presentation (excluding your cover page and references) with speaker notes.
include 3–5 quality references, one being your course textbook.
The specific course learning outcome associated with this assignment is:
Analyze the healthcare administrator’s role in fiscal planning and management.
Course Resources
Instructional Materials
Required Resources
Agency for Healthcare Research and Quality (AHRQ). (2019). Section 4: Ways to approach the quality improvement process (Page 1 of 2). Retrieved from https://www.ahrq.gov/cahps/quality-improvement/improvement-guide/4-approach-qi-process/index.html
Agency for Healthcare Research and Quality (AHRQ). (2018). Understanding quality measurement. Retrieved from https://www.ahrq.gov/professionals/quality-patient-safety/quality-resources/tools/chtoolbx/understand/index.html
Becker’s Hospital Review. (2019). Cost containment is a top priority in 2019 for healthcare executives. Retrieved from https://www.beckershospitalreview.com/cost-containment-is-a-top-priority-in-2019-for-healthcare-executives.html
BrainStuff. (2013). How does the Affordable Care Act work? [Video]. Retrieved from https://youtu.be/vju70I6qSKk
Codible. (2012). NPV and IRR in Excel 2010 [Video]. Retrieved from https://youtu.be/qAhV3xG0i8s
Claxton, G., Cox, C., Gonzales, S., Kamal, R., & Levitt, L. (2015). Measuring the quality of healthcare in the U.S. Retrieved from https://www.healthsystemtracker.org/brief/measuring-the-quality-of-healthcare-in-the-u-s/
Gaither, K. (2014). Payback and discounted payback [Video]. Retrieved from https://youtu.be/423Wdr5SDPc
Gapenski, L. C. & Reiter, K. L. (2016). Healthcare finance: An introduction to accounting & financial management (6th ed.). Chicago, IL: Health Administration Press.
Healthcare Financial Management Association (HFMA). (2019). Retrieved from https://www.hfma.org/about-hfma.html
Interwork. (2018). How to achieve (& maintain) regulatory compliance in healthcare. Retrieved from https://interwork.com/regulatory-compliance-in-healthcare/
iPatientCare. (2016). Why quality improvement in healthcare is important. Retrieved from https://ipatientcare.com/blog/why-quality-improvement-in-healthcare-is-important/
Kaiser Family Foundation. (2014). Health insurance explained: The YouToons have it covered [Video]. Retrieved from https://youtu.be/-58VD3z7ZiQ
Red Bag Alliance. (2017). HIPAA overview [Video]. Retrieved from https://youtu.be/gmu86igu93w
Ross, S. M. (2018). The importance of patient safety in healthcare [Blog post]. Cureatr.com. Retrieved from https://blog.cureatr.com/the-importance-of-patient-safety-in-healthcare
SBN Staff. (2016). Cost containment strategies that can control your health care costs. Smart Business. Retrieved from https://www.sbnonline.com/article/cost-containment-strategies-that-can-control-your-health-care-costs-2/
Serino, A. (n.d.). 5 examples of quality improvement in healthcare & hospitals. ClearPoint Strategy. Retrieved from https://www.clearpointstrategy.com/examples-of-quality-improvement-in-healthcare/
Steiner, R. (2017). What exactly does quality mean in the healthcare context? Elation Health. Retrieved from https://www.elationhealth.com/healthcare-innovation-policy-news-blog/quality-healthcare/
Trifilio, S. (n.d.). Understanding the true costs of healthcare regulatory compliance. HealthcareSource. Retrieved from http://education.healthcaresource.com/healthcare-regulatory-compliance-cost/
UAB Medicine. (2016). The business of health care part I: A historical look at cost control and reimbursement [Video]. Retrieved from https://youtu.be/09H_k32w7rY
Supplemental Resources
Investopedia. (n.d.). Calculators. Retrieved from http://www.investopedia.com/calculator/