role of a consultant
Paper instructions:
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Write a Paper on one of the five following scenarios:
1. Option One: You are in the role of a consultant with ten years experience in the health care insurance industry. A group of 20 doctors are considering
forming a new medical group and have asked you to prepare a report on whether they should build a facility in an area within 30 miles of the downtown center of your
500,000 population city for $100 million dollars. Prepare a report for the management team of the doctor’s group on your proposed $100 million expenditure plan
reflecting on the key course objectives including the financial,
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legal, alternative health care models, reinforced by your knowledge of strategic planning and capital
budgeting.
2. Option Two: You are in the role of a chief operating officer. A board of directors has requested that you prepare a summary of the issues involved in a $50
million expansion. Because of local political and uncertain national medical care policy, to be elected national officials they may have to scale the expansion back
to $25 million. Prepare a report for the management team of the doctor’s group on your proposed $25 to $50 million dollar expenditure plan reflecting on the key
course objectives including the financial, legal, alternative health care models, reinforced by your knowledge of strategic planning and capital budgeting.
3. Option Three: You are in the role of a chief operating officer for a for-profit insurance company. A board of directors has requested that you prepare a
summary of the issues involved in a potential reduction in U. S. medical insurance reimbursement of 40%.
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Prepare a report for the board of directors on how to best
meet the impacts of the proposed funding cuts while still being sensitive to the needs and health of the community and your patients. Reflect on the key course
objectives including the financial, legal, alternative health care models, reinforced by your knowledge of strategic planning and capital budgeting in preparing your
response.
4. Option Four: You are in the role of a chief administrative officer for a large nonprofit health relief organization. A board of directors has requested that
you prepare a summary of the issues about how to solve the health needs of an African country. Your organization has limited funding and will need to obtain subsidized
medicine from major pharmaceutical companies. They also have the opportunity to get non generic, non USDA approved,
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alternative stem cell derived medication from
foreign sources. Prepare a report for the board of directors on how to best meet the impacts of the proposed funding limitations while still being sensitive to the
needs and health of the African nation. Consider the various economic, political, moral and health impacts for both the United States citizens who may have some of the
health medication diverted to the African nation. Reflect on the key course objectives including the financial, legal, alternative health care models, reinforced by
your knowledge of strategic planning and capital budgeting in preparing your response.
5. Option Five: Your role is as a public official elected at the local city level; 50,000 to 250,000 population. You have a $10 million dollar budget allocated
to you by the city manager and can get up to 100% matching federal funds if you meet the federal standards. You have been asked by the mayor to determine how to
allocate the budget to best support the needs of the city. These could include but not be limited to supporting capital requirements, operational requirements, and
subsidizing nonprofit organizations or used as economic incentives to bring new private concerns into the city.
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Prepare a report for the mayor and city council on
your proposed expenditure plan reflecting on the key course objectives including the financial, legal, alternative health care models, reinforced by your knowledge of
strategic planning and capital budgeting.
The Paper must be 15 pages (excluding title and reference pages) and formatted according to APA style as outlined in the Ashford Writing Center. Utilize a minimum
of 10 to 12 scholarly and/or peer-reviewed sources that were published within the past five years, including a minimum of five from the Ashford University Library
databases.
References:
1. Prepare a cash budget. Retrieved from http://www.va-interactive.com/inbusiness/editorial/finance/ibt/cash_bud.html
o This article uses examples to demonstrate the process of preparing a cash budget.
Cleverley, W., Song, P. & Cleverley, J. (2011). Essentials of health care finance (7th ed). Sudbury, MA: Jones & Bartlett.
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Health Care Reform Bill Summary: A Look at What’s in the Bill. Retrieved from http://www.cbsnews.com/8301-503544_162-20000846-503544.html
Milliken, A. (2010). Use of volume variance“ variance demand analysis in planning strategy formulation. The Journal of Business Forecasting, 29(1), 4. Retrieved
from the ProQuest database.
Olden, P. (2008). Hospitals, community health, and balanced scorecards. Academy of Health Care Management Journal, 4(1), 39. Retrieved from the ProQuest
database.
Panayiotis, C. &, Roupas, T. (2009). Health care finance, the performance of public hospitals and financial statement analysis. European Research Studies, 12(4),
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199. Retrieved from the ProQuest database.
Prepare a cash budget . Retrieved from http://www.va-interactive.com/inbusiness/editorial/finance/ibt/cash_bud.html
Rauscher, S. (2008). Effective hospital revenue cycle management: Is there a trade-off between the amount of patient revenue and the speed of revenue
Click here to have a similar A+ quality paper done for you by one of our writers
collection/practitioner application. Journal of Health care Management, 53(6), 392. Retrieved from the ProQuest database.
Health care financial management association. (http://www.hfma.org/)
Pam Pohly’s net guide. (http://www.pohly.com/admin_finance.html)
Zero-Based Budgeting. Retrieved from http://www.wrh.on.ca/Site_Published/wrh_internet/RichText.aspx?Body.QueryId.Id=18389&LeftNav.QueryId.Categories=267
Health Care Reform Act. Retrieved from http://www.whitehouse.gov/healthreform
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