HS440M4 Financial Operations and Quality Control in Health Care Organizations
ASSESSMENT DETAILS

Introduction Assessment Rubric and Minimum Submission Requirements

This competency assessment assesses the following Outcome(s):

HS440M4-4: Utilize financial analysis to inform management decisions.

Instructions

For this assignment, you are considering the purchase of a new MRI machine for Bayside Memorial Hospital. Think about what types of patients you will see, what types of care you will provide, and the team members you have assembled. Remember, the financial analysis provides much of the guidelines for all decision making in the purchase decision. Your goal will be to provide a 2-minute elevator pitch of your recommendation to the organization’s CEO and to persuade them toward your point of view.

Using the chart of cash revenues and costs, read and understand the cash flow analysis results. Then provide your decision on whether to make the purchase or not. You will frame this recommendation in a 2-minute pitch to your boss, the CEO of the organization. Record your 2-minute pitch as an audio recording and be persuasive, providing solid evidence for your conclusion on whether to purchase the equipment or not.

Cash Revenues and Costs:

0

1

2

3

4

5

1. System cost

($2,000,000)

2. Installation expenses

(500,000)

3. Total Cost

($2,500,000)

4. Net revenues

$750,000

$787,500

$826,875

$868,219

$911,630

5. Labor costs

(60,000)

(63,000)

(66,150)

(69,457)

(72,930)

6. Maintenance cost

(150,000)

(157,000)

(165, 375)

(173,644)

(182,326)

7. Supplies

(30,000)

(31,500)

(33,075)

(34,729)

(36,465)

8. Net operating income

$510,000

$535,500

$562,275

$590,389

$619,908

9. Salvage value

750,000

10. Net cash flow

($2,500,000)

$510,000

$535,500

$562,275

$590,389

$1,369,908

Profitability Measures:

Net present value: $82,493

Internal rate of return = 11.1%

Recording:

Options to record include (but are not limited to) your computer (PC or Mac), Screencastify, which is a free add-on to Chrome, Zoom, or using an app of your choice on a smartphone or tablet.

Submit your recording link or file to the Dropbox along with your APA formatted references you used to support your oral presentation.

Minimum Submission Requirements

· Proper notification of any resubmission, repurposing, or reworking of prior work per the Purdue Global Student Coursework Resubmission, Repurposing, and Reworking Policy Resource.

· This assessment should be a recording 2 minutes in length.

· Respond to the questions in a thorough manner, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. Your submission should be highly organized, logical, and focused.

· Your submission should provide a clearly established and sustained viewpoint and purpose.

· Your video should be well ordered, logical, and unified, as well as original and insightful.

· Your submission must be presented in Standard English and demonstrate exceptional content, organization, and style.

· A separate page along with your submission should contain a list of references in APA format. Use your textbook, the Library, and the internet for research.

· Review the writing resources for APA formatting and citation found in Academic Tools. Additional writing resources can be found within the Academic Success Center.

If the work submitted for this competency assessment does not meet the minimum submission requirements, it will be returned for revision. If the work submitted does not meet the minimum submission requirements by the end of the term, you will receive a failing score.

Plagiarism

Plagiarism is an act of academic dishonesty. It violates the University’s Code of Student Conduct, and the offense is subject to disciplinary action. You are expected to be the sole author of your work. Use of another person’s work or ideas must be accompanied by specific citations and references. Whether the action is intentional or not, it still constitutes plagiarism.

For more information on plagiarism and the University’s Code of Student Conduct, refer to the current University Catalog.

COMPETENCY ASSESSMENT RUBRIC
Competency Assessment Rubric
All competency criteria must be met to earn a B grade and pass this Course Outcome.

A predefined number of mastery criteria must be met to earn an A grade, indicating mastery of the Course Outcome. See the CLA and Grade Criteria Chart below.

MET

NOT YET MET

Cash Flow Analysis

Competency

Provides a financial analysis of the chart of cash revenues and costs and shows an understanding of the cash flow results.

Includes one example and provides a recommendation based on some of the facts.

Mastery

Includes two or more examples and provides a logical financial analysis showing an understanding of the cash flow results.

Recommendation

Competency

Provides a clear recommendation on whether to accept or reject the project, including only one reason for the recommendation.

Mastery

Provides a clear recommendation on whether to accept or reject the project, including two or more reasons for the recommendation.

Total Competency Criteria:

Total Mastery Criteria:

CLA and Grade Criteria Chart
CRITERIA

CLA Score

Grade

Points

Meets all competency criteria and 1-2 of mastery criteria

5

A

1000

Meets all competency criteria and none of the mastery criteria

4

B

850

Meets 2 of competency criteria

3

Not Yet Competent*

0

Meets 1 of competency criteria

2

Not Yet Competent*

0

Meets 0 competency criteria

0

Not Yet Competent*

0

No submission

NA

Not Yet Competent*

0

*Not Yet Competent grades convert to an F at term end

*If work submitted for this competency assessment does not meet the minimum submission requirements, it will be returned for revision without being scored. If the work submitted does not meet the minimum submission requirements by the end of the term you will receive a failing score.

Minimum Submission Requirements
Minimum Submission Requirements

MET

NOT YET MET

· Proper notification of any resubmission, repurposing, or reworking of prior work per the Purdue Global Student Coursework Resubmission, Repurposing, and Reworking Policy Resource.

· This assessment should be a recording 2 minutes in length.

· Respond to the questions in a thorough manner, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. Your submission should be highly organized, logical, and focused.

· Your submission should provide a clearly established and sustained viewpoint and purpose.

· Your video should be well ordered, logical, and unified, as well as original and insightful.

· Your submission must be presented in Standard English and demonstrate exceptional content, organization, and style.

· A separate page along with your submission should contain a list of references in APA format. Use your textbook, the Library, and the internet for research.

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ASSESSMENTDETAILS_HS440M4.docx
Home>Human Resource Management homework help>HS440M4 Financial Operations and Quality Control in Health Care Organizations
ASSESSMENT DETAILS

Introduction Assessment Rubric and Minimum Submission Requirements

This competency assessment assesses the following Outcome(s):

HS440M4-4: Utilize financial analysis to inform management decisions.

Instructions

For this assignment, you are considering the purchase of a new MRI machine for Bayside Memorial Hospital. Think about what types of patients you will see, what types of care you will provide, and the team members you have assembled. Remember, the financial analysis provides much of the guidelines for all decision making in the purchase decision. Your goal will be to provide a 2-minute elevator pitch of your recommendation to the organization’s CEO and to persuade them toward your point of view.

Using the chart of cash revenues and costs, read and understand the cash flow analysis results. Then provide your decision on whether to make the purchase or not. You will frame this recommendation in a 2-minute pitch to your boss, the CEO of the organization. Record your 2-minute pitch as an audio recording and be persuasive, providing solid evidence for your conclusion on whether to purchase the equipment or not.

Cash Revenues and Costs:

0

1

2

3

4

5

1. System cost

($2,000,000)

2. Installation expenses

(500,000)

3. Total Cost

($2,500,000)

4. Net revenues

$750,000

$787,500

$826,875

$868,219

$911,630

5. Labor costs

(60,000)

(63,000)

(66,150)

(69,457)

(72,930)

6. Maintenance cost

(150,000)

(157,000)

(165, 375)

(173,644)

(182,326)

7. Supplies

(30,000)

(31,500)

(33,075)

(34,729)

(36,465)

8. Net operating income

$510,000

$535,500

$562,275

$590,389

$619,908

9. Salvage value

750,000

10. Net cash flow

($2,500,000)

$510,000

$535,500

$562,275

$590,389

$1,369,908

Profitability Measures:

Net present value: $82,493

Internal rate of return = 11.1%

Recording:

Options to record include (but are not limited to) your computer (PC or Mac), Screencastify, which is a free add-on to Chrome, Zoom, or using an app of your choice on a smartphone or tablet.

Submit your recording link or file to the Dropbox along with your APA formatted references you used to support your oral presentation.

Minimum Submission Requirements

· Proper notification of any resubmission, repurposing, or reworking of prior work per the Purdue Global Student Coursework Resubmission, Repurposing, and Reworking Policy Resource.

· This assessment should be a recording 2 minutes in length.

· Respond to the questions in a thorough manner, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. Your submission should be highly organized, logical, and focused.

· Your submission should provide a clearly established and sustained viewpoint and purpose.

· Your video should be well ordered, logical, and unified, as well as original and insightful.

· Your submission must be presented in Standard English and demonstrate exceptional content, organization, and style.

· A separate page along with your submission should contain a list of references in APA format. Use your textbook, the Library, and the internet for research.

· Review the writing resources for APA formatting and citation found in Academic Tools. Additional writing resources can be found within the Academic Success Center.

If the work submitted for this competency assessment does not meet the minimum submission requirements, it will be returned for revision. If the work submitted does not meet the minimum submission requirements by the end of the term, you will receive a failing score.

Plagiarism

Plagiarism is an act of academic dishonesty. It violates the University’s Code of Student Conduct, and the offense is subject to disciplinary action. You are expected to be the sole author of your work. Use of another person’s work or ideas must be accompanied by specific citations and references. Whether the action is intentional or not, it still constitutes plagiarism.

For more information on plagiarism and the University’s Code of Student Conduct, refer to the current University Catalog.

COMPETENCY ASSESSMENT RUBRIC
Competency Assessment Rubric
All competency criteria must be met to earn a B grade and pass this Course Outcome.

A predefined number of mastery criteria must be met to earn an A grade, indicating mastery of the Course Outcome. See the CLA and Grade Criteria Chart below.

MET

NOT YET MET

Cash Flow Analysis

Competency

Provides a financial analysis of the chart of cash revenues and costs and shows an understanding of the cash flow results.

Includes one example and provides a recommendation based on some of the facts.

Mastery

Includes two or more examples and provides a logical financial analysis showing an understanding of the cash flow results.

Recommendation

Competency

Provides a clear recommendation on whether to accept or reject the project, including only one reason for the recommendation.

Mastery

Provides a clear recommendation on whether to accept or reject the project, including two or more reasons for the recommendation.

Total Competency Criteria:

Total Mastery Criteria:

CLA and Grade Criteria Chart
CRITERIA

CLA Score

Grade

Points

Meets all competency criteria and 1-2 of mastery criteria

5

A

1000

Meets all competency criteria and none of the mastery criteria

4

B

850

Meets 2 of competency criteria

3

Not Yet Competent*

0

Meets 1 of competency criteria

2

Not Yet Competent*

0

Meets 0 competency criteria

0

Not Yet Competent*

0

No submission

NA

Not Yet Competent*

0

*Not Yet Competent grades convert to an F at term end

*If work submitted for this competency assessment does not meet the minimum submission requirements, it will be returned for revision without being scored. If the work submitted does not meet the minimum submission requirements by the end of the term you will receive a failing score.

Minimum Submission Requirements
Minimum Submission Requirements

MET

NOT YET MET

· Proper notification of any resubmission, repurposing, or reworking of prior work per the Purdue Global Student Coursework Resubmission, Repurposing, and Reworking Policy Resource.

· This assessment should be a recording 2 minutes in length.

· Respond to the questions in a thorough manner, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. Your submission should be highly organized, logical, and focused.

· Your submission should provide a clearly established and sustained viewpoint and purpose.

· Your video should be well ordered, logical, and unified, as well as original and insightful.

· Your submission must be presented in Standard English and demonstrate exceptional content, organization, and style.

· A separate page along with your submission should contain a list of references in APA format. Use your textbook, the Library, and the internet for research.

Applied Sciences
Architecture and Design
Biology
Business & Finance
Chemistry
Computer Science
Geography
Geology
Education
Engineering
English
Environmental science
Spanish
Government
History
Human Resource Management
Information Systems
Law
Literature
Mathematics
Nursing
Physics
Political Science
Psychology
Reading
Science
Social Science
Home
Homework Answers
Blog
Archive
Tags
Reviews
Contact
google+twitterfacebook
Copyright © 2021 SweetStudy.com