Case Study Assignment: Hospital Emergency Department Expansion

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Discussion Question Chp. 3:Discussion Question Chp. 4:CMC (Coastal Medical Center) Case Study Assignment: Hospital Emergency Department Expansion This is the book Essentials of Strategic Planning in

  1. Discussion Question Chp. 3:
  2. Discussion Question Chp. 4:

CMC (Coastal Medical Center) Case Study Assignment: Hospital Emergency Department Expansion

This is the book

Essentials of Strategic Planning in Healthcare, Jeffrey P. Harrison, 2nd edition, 2016, Health Administration Press Chicago, Illinois. ISBN: 978-1-56793-791-6.

question 1

What role does the board of directors, senior leadership, physicians, employees and community organizations play in a healthcare  organization’s strategic planning process?

Question 2

How does SWOT analysis set the stage for strategic planning?

CMC (Coastal Medical Center) Case Study: Hospital Emergency Department Expansion.

Using the four steps of SWOT analysis discussed in Chapter 4, perform a SWOT analysis for Coastal Medical Center. Use SWOT analysis to identify key factors necessary to get Coastal Medical Center back on track and moving forward on a new road to success.

You are the newly hired COO and has been actively investigating the declining performance of Coastal Medical Center. During the hiring process, the board of directors assigned him the responsibility of getting the organization back on track. Help Reynolds develop a strategic planning process that will place Coastal Medical Center on a new road to success.

As the COO of CMC you have met with Dr. John Warren, the chief medical officer, and Dr. Debra Jones, the director of the CMC emergency department (ED). They discussed the quality-level data included in the report on the next two slides. They also discussed a workload report of the ED service volume for the past year. The data show a high level of ED utilization. The average charge for a hospital ED visit is $1,000 plus $500 in ancillary charges such as laboratory, radiology, and pharmacy. However, the data also suggest that a percentage of the ED patients are leaving without being seen. Mr. Henderson, Dr. Warren, and Dr. Jones are concerned about lost revenue because hospital data show that in addition to the ED charges, if admitted to the hospital, patients generate an average of $100 in profit per inpatient day.

  1. Based on your evaluation of the ED data do you see any current problems?
  2. Based on the data provided, calculate the potential lost revenue for the Emergency Department visits over the past year?
  3. Based on the data provided, calculate the potential lost downstream hospital revenue from ED Admissions that walked out, over the past year?
  4. As the Director to the ED, what recommendation would you to the Coastal Medical Center CEO Ron Henderson and Dr. John Warren the Chief Medical Officer about some options on how to deal with the ED problem.

Images are attached for that assignment for the case study

Parable of the Talents

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Please reply to this thread in 450 to 500 words and include 2 peer-reviewed references and one biblical integration. Parable of the Talents In this well-known parable, three servants were entrusted a

Please reply to this thread in 450 to 500 words and include 2 peer-reviewed references and one biblical integration.

Parable of the Talents

In this well-known parable, three servants were entrusted a certain amount of wealth while the master went away for a period of time. The first two servants had invested and doubled what they were given. As a result, the master said to them, “Well done, good and faithful servant…Enter into the joy of your master.” (Matthew 25:21, English Standard Version Bible, 2001). The third servant, being afraid from the risk of investments, buried his talents in the ground, for which the master scolded him, “You wicked and slothful servant!”, then proceeded to kick him out of his sight. (Matthew 25:26, English Standard Version Bible, 2001).

Each of us are given possessions to be managed on behalf of God’s will. We ought to learn from the examples of the first two servants and avoid the mistakes made by the third. In the end, we will be accountable for how we have handled what we were given in this world. This highlights the importance of learning and understanding the different investment instruments and classes.

Money Market Instruments

Money market instruments are composed of very short-term debt securities. Some examples include certificates of deposit, commercial paper, and banker’s acceptances. Overall, money market instruments are considered very low risk investments with almost guaranteed rates of return. The U.S. treasury bills, for example, are “the most marketable of all money market instruments” (Bodie, 2022). This is because the debt obligation is backed by the U.S. government and the only way T bills will go bad is if the government defaults.

Fixed-Income/Bond Instruments

The bond market consists of options such as municipal bonds, corporate bonds, and mortgage-backed securities. One advantage of bond instruments such as municipal bonds is special tax exemptions. Interest payments on these bonds are exempt from income taxes. One major consideration when choosing to invest in bonds is opportunity cost. Since bonds are generally required to be held for a predetermined period of time, investors could lose out on returns when better investment opportunities show up.

Equity Investments

Equity markets include common and preferred stocks. Buying a stock means taking a portion of a company’s ownership. Depending on the stock, some stocks pay out regular dividends to their stockholders. Besides monetary ownership, stockholders also gain a voice in the company and are entitled to votes “on matters of corporate governance” (Bodie, 2022).

Mutual Funds

Mutual funds are a collective of stocks that are included in an index such as the S&P 500. There is the constant debate in the investment world comparing passive investing to active investing. According to an article published in the Financial Analysts Journal, “a number of studies have all concluded that the average actively managed fund loses to a low-cost index fund, net of all fees and expenses” (Petajisto, 2013). Therefore, it may be wise to invest in a broad index such as the S&P 500 instead of an actively managed fund when picking a mutual fund to invest in. An alternative to index funds is the exchange-traded fund, which is a collection of stocks that can be bought or sold like a single stock. Although a mutual fund is considered a “low-cost passive investment strategy for equity investors” (Bodie, 2022).

Derivative/Option Investments

Derivative markets consist of futures and forwards, as well as swaps. Two most popular options are the call option and the put option. A call option grants the holder the ability to purchase an asset for a specified price before the option expires. In contrast, a put option gives the holder the ability to “sell an asset for a specified exercise price on or before a specified expiration date” (Bodie, 2022).

Risk and Return

From the parable above, we learned that some risk taking is necessary to reap returns. According to one study, people generally “perceived those easier-to-understand products as less risky, which was likely driven by the familiarity bias” (Wang, et al., 2011). We must not fall into the faulty mentality that caused the demise of the third servant. The master was right about the third servant being slothful. It takes minimal work to bury the talents in the ground. It takes work to learn about the different investment options picking the most appropriate investment portfolio.

Money Market Instruments

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bjectivesOn successful completion of this assignment, students should be able to:Develop an ability to identify and assume an assigned role.Identify and rank the importance of explicit issues.Illustr

ObjectivesOn successful completion of this assignment, students should be able to:Develop an ability to identify and assume an assigned role.Identify and rank the importance of explicit issues.Illustrate the importance of hidden (undirected) issues that arise from a detailed analysis.Identify accounting issues (GAAP/IFRS compliance issues), assess their implications, generate alternatives, and provide recommendations within the bounds of GAAP/IFRS to meet the client’s needs.Examine how accounting standards impact financial measures (ratios, covenants, etc.).Prepare a coherent report and integrated analysis that meets specific user needsBrief DescriptionTo be used in class as class activities. Students are required to prepare for the cases before class time. Students may be allowed to form groups to present their answers.Submission InstructionsIn order to complete your case analysis successfully, you should consider:identifying the role you are playing,assessing the financial reporting landscape considering the user needs, constraints, and business environment,identifying the issues,analyzing the issues (qualitatively and quantitatively), andproviding a recommendation for each issue identified in the case.You are required to prepare for the case before the class and bring any documents that will support your analysis. An average grade will come from you answering questions with basic coverage and accuracy, showing all your preparation. Additional points come from including greater detail, astute and informed commentary where appropriate, and connections to readings and other content.Investment Decisions for Big Spenders Inc.BackgroundYou are an Analyst for the professional service firm, BUSI 1043 LLP. Your firm specializes in providing a wide variety of internal business solutions for different clients. It is your first day on the job and a Manager in the Consulting area asks you for some help with an investment decision for one of your large clients, Big Spenders Inc. Ready to make an impression on your first day, you start reading the background information provided by the ManagerAdditional InformationBig Spenders Inc. has been working on diversifying its portfolio of investments and requires accounting advice for a decision between two car cleaning and detailing companies. Your responsibility is to perform a comparative analysis of the profitability of two potential equity investments. Your engagement manager on this job has given you a brief background on the operations of the two companies:Auto Wash Bot Ltd. (AWBL) has recently completed the research and development of a new touch screen app for all mobile devices. This new technology is both more user friendly than the current technology on the market. Auto Wash Bot Ltd has just signed a major contract to provide the Auto Wash Bot terminal to a major producer of mobile devices. The founder of the business would like to sell a 50% interest in the business for $100,000 in order to finance further expansion of operations.Popeye’s Muscle Wash Ltd (PMWL) is a self-service, coin-operated car wash located in a busy residential area. The company provides all of the services of a typical car wash, including soap, wax, vacuuming as well as pressure washing. PMWL has been long established and enjoys the loyalty and repeat business of many local residents. The current owner is getting up in age and would like to sell 100% ownership interest in the business for $100,000 to pursue retirement. The current year’s income statement is consistent with prior years.One of the first tasks in the analysis of the potential equity acquisition is an assessment of each company’s current and future profitability. Your manager has provided you with copies of each company’s income statement (see below). Next, you are to calculate the expected return on the investment for each company. You have been asked to discuss any other issues that you believe are relevant to the investment decision.The Consulting Manager would like you to prepare the report and have it on his desk for review first thing tomorrow morning. Once reviewed, this report will be submitted to Big Spenders Inc. in order to support their decision.Auto Wash Bot Ltd.Revenue$375,000Cost of Goods Sold86,250Gross Profit288,750Other ExpensesAdvertising35,400Office Expense22,750Research195,000Wages and Salaries40,000Total Other Expenses293,150Income Before Taxes(4,400)Income Tax0Net Income$(4,400)Popeye’s Muscle Wash LtdIncome StatementFor the Year Ended December 31, 2015Revenue$375,000Cost of Goods Sold163,125Gross Profit211,875Other ExpensesAdvertising5,200Office Expense17,400Repairs and Maintenance85,000Wages and Salaries50,000Total Other Expenses157,600Income Before Taxes54,275Income Tax8,413Net Income$45,862*Tax rate of 15.5% used.Note to students: Issues are hidden within the case. It is your responsibility to read the case facts and identify the critical issues required for discussion and analysis.

Discussion: NAV and Mutual Fund Performance

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5-1 Discussion: NAV and Mutual Fund Performance Choose a mutual fund, provide the previous day’s net asset value (NAV), and determine how this price was calculated. Next, compare the performance of

5-1 Discussion: NAV and Mutual Fund Performance

Choose a mutual fund, provide the previous day’s net asset value (NAV), and determine how this price was calculated. Next, compare the performance of the fund to its benchmark and explain why you think the mutual fund price and benchmark are moving in a certain direction. To find a specific mutual fund, you can search on your own or go a specific fund family such as Vanguard, T. Rowe Price, Pimco, or BlackRock. Once you find a specific fund, its benchmark should be listed within the fund information on the fact sheet/prospectus.

Use the below links

https://www.troweprice.com/corporate/us/en/home.html  (Vanguard, T. Rowe Price)

https://www.pimco.com/en-us/?showSplash=1  (Primco)

https://www.blackrock.com/us/individual  (blackrock)

An example of the T. Rowe Price Capital Opportunity Fund (PRCOX) is shown below.

https://www.troweprice.com/personal-investing/tools/fund-research