Determining Financial Viability
Determining Financial Viability
Write a short paper (750-1000 words) (not including the title, charts or graphs, and reference pages), and should adhere to APA style.
that explains the relationship between finance and accounting, and how they operate to determine financial viability within a health care organization.
I recommend that you provide some information, data and stats about the current financial environment of the health care industry. Is it easy and lucrative or is it getting more difficult to make a profit with diminishing margins and profits? I would address this area early in the paper.
Criteria for grading from the rubric:
-Demonstrates thorough knowledge of the business concepts specified in the assignment, and their implications. Clearly answers the questions and develops a very strong rationale. Introduces appropriate examples.
-Supports main points with references, examples, and full explanations of how they apply.
– Thesis and\/or main claim are comprehensive; contained within the thesis is the essence of the paper. Thesis statement makes the purpose of the paper clear.
– There is a sophisticated construction of paragraphs and transitions. Ideas progress and relate to each other. Paragraph and transition construction guide the reader. Paragraph structure is seamless.
– Writer is clearly in command of standard, written, academic English.
-All format elements are correct.
Demonstrates thorough knowledge of the business concepts specified in the assignment, and their implications. Clearly answers the questions and develops a very strong rationale. Introduces appropriate examples.
I recommend that you incorporate some outside sources into your paper. Below are a few good sources to help with your paper.
Beattie, A. (2009). Financial history: evolution of accounting. Retrieved from
Best Finance Schools (2013) What degree do I need to become a financial analyst? Retrieved from: http://www.bestfinanceschools.
Cleverley, W. O., Song, P. H., & Cleverley, J. O. (2011). Essentials of health care finance (7th ed.). Sudbury, MA: Jones and Bartlett Publishers.
Difference Between Accounting and Finance. Retrieved March 11, 2013, from
Module 3 Readings: Health Care Financial Measurements and Terminology. (n.d.). Retrieved August 3, 2011, from: http://angel03.gcu.edu/
Siew, Lee. (June 15, 2009). The Financial Warfare-Accounting vs. Finance?. Retrieved
March 11, 2013, from http://www.accountantkey.com/
The Finance Pig (2008) What is the difference between accounting and finance (and economics)? Retrieved from: http://thefinancepig.com/2008/
Tioseco, P. (2011) Accounting of finance degree: Which should I get? Business School.com Retrieved from: http://www.businessschool.com/
University of North Carolina Wilmington. (2011). What is finance? Retrieved from http://uncw.edu/career/
< Use headings for each section of your papers for the written assignments. The APA rule for this is to have the heading centered (not bold) and the first letter of each major word capitalized.
There is an extremely important element in writing this particular assignment as well as our college level papers. You should show some facts and figures. Some quantitative data is essential to support your topic since our class deals with health care economics. Numbers can certainly justify your papers assertions and comments. Most newspaper articles have numbers about their topics and issues. Since our main health care problem in the U.S. is its high cost, numbers, costs or revenues are critical element in most health care problems. To find this information you can do a Google search. An example is Google search for ‘the cost of the uninsured in the U.S.A.’. When you select your Google findings, look for credible sources such as pbs.org or cbsnews.com or huffingtonpost.com as you filter through the findings. The condition of our economy and health care is certainly a major topic in our country.
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