BA553 Course Project

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Prepare a training workshop for the new members of the board
of directors on healthcare finance. Your training workshop will include a report, handouts, and a
presentation.
Overview of Healthcare Finance
Prepare a 10-15 minute presentation for the board that outlines how healthcare finance at a
nonprofit differs from business finance. You should include the following:
A. An overview of the terminology differences between business and healthcare finance
B. An explanation of how billing and coding works for health services
C. An overview of how costs per patient are calculated

BA553 Course Project

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D. Examples of financial statements for a nonprofit hospital (Be sure to reference any
outside sources used to create the financial statements)
E. An examination of legal and regulatory issues around healthcare and nonprofit
finance
F. A handout to be given to the board
Final Project
Healthcare Finance
© 2013. Any unauthorized reproduction or distribution of this material is prohibited without
express written permission. Students are expected to maintain the integrity of the assignment by
refraining from reproducing or posting the assignment or their completed work where it can be
viewed by current or future students.

BA553 Course Project

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Financial Health of New Hospital
Create a 5-page report that examines the financial health of New Hospital using the balance
sheet and statement of cash flows provided in Appendix 9-A from your textbook (for this
exercise, imagine that Harris Memorial Hospital is New Hospital). To access the balance sheet
and statement of cash flows, open any resource in the course linked to your textbook and then
navigate to page 211. The report should include the following:
A. Ratio analysis (compute and discuss four financial ratios)
B. Comparison of the financial strengths and weaknesses of the hospital
C. Overview of the financial health of the hospital
D. An explanation of your financial analysis
E. Two strategies for improving the hospital’s financial position

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Analysis of Health Care Environment
Create a 5-7 page research report with a minimum of 8 scholarly references that addresses the
following:
A.  The trends and issues in the healthcare environment that may affect the financial
success of nonprofit hospitals
B.  An analysis of the financial opportunities and threats a nonprofit hospital faces in the
21
st
century
C.  Examination of the advantages and disadvantages of joining a healthcare
organization like a regional medical center, a medical alliance, a group of nursing
homes, etc

BA553 Course Project

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