They mainly focuses on preventive care services—outpatient services that assist individuals with either staying healthy or managing chronic illness. The Inpatient Quality Indicators (IQIs)- The AHRQ IQIs provide information about the quality of medical care delivered in a hospital. This measure set represents the state of the art in measuring the quality of hospital care using inpatient administrative data. The IQIs include measures in the areas of inpatient mortality; utilization of procedures for which there are questions of overuse, underuse, or misuse; and volume of procedures for which there is evidence that a higher volume is associated with lower mortality. The Patient Safety Indicators (PSIs)- The PSIs are a set of quality measures that use hospital inpatient discharge data to provide a perspective on patient safety.
An example of this would be when a customer is not able to pay their bill because due to a downturn in the economy, money may be tight if they have been laid off from their jobs or faced with unexpected hospital bills. Under the direct write-off method, companies record bad debts expense in a period that is different from the period in which they record the revenue. The method does not attempt to match bad debts expense to sales revenues in the income statement. The direct write-off method show accounts receivable in the balance sheet at the amount the company actually expects to receive. Unfortunately, unless bad debt losses are insignificant to the company, the direct write-off method is not acceptable for financial reporting
A cash flow problem is when there is an insufficient amount of money to meet the end of month/year bills. A potential problem maybe overdraft, this is when more money is taken out of a bank account than is in it, when this happens it becomes overdrawn. The business owners, Sharma and Ryan need to think of the problems that they may face, using the cash flow forecast we are able to see that they have a stable net cash flow all throughout the year although they have not thought about the problems that they may face, by buying the capital equipment in full (£105,000) it shows that they have not thought much into there options, they could of spread the costs of the capital across 12 months so that that the monthly costs will be £8750.00, by doing this it will prepare the business for future problems if
A massive layoff by a business decreases the business’s expenses because they will have fewer employees on the payroll. The business will also have less production and may have less income as a result. A household is affected by a layoff because an entire income is lost. When a household loses an income, spending is decreased to compensate for that loss. Businesses also suffer when massive layoffs occur.
Premier Investments Ltd dropped its current ratios sharply from 4.27 to 1.74. That indicates Premier Investments Ltd transferred its current assets to noncurrent assets or it got more current liabilities. However, it is still has less current liabilities covered it assets compared with David Jones Ltd. So David Jones Ltd needs to make a financial plan to meet the coming current liabilities, or they may get a financial crisis. Quick ratio Current ratio measures the current assets to be turned into cash to meet its debts in one year.
Discuss the general differences between facility and non-facility rates. The Center for Medicare Services reimburses physicians based on Relative Value Units (RVUs.) One of the components of RVU is practice expense which is the place of service. The place of service can be a facility or non-facility setting. Reimbursement depends on where the service was provided.
Certain qualifiers would be used to determine if SFGH is eligible for an outlier payment. All of these payments combined would be the amount of retrospective payment SFGH is entitled to. Let’s begin with the Operating Payment (OP). The OP covers expenditures by the hospital for the treatment episode. It includes labor and nonlabor amounts, COLA CBSA wage index, medical education costs and DSH status.
However, the company was not able to sustain the growth in sales between years 7 and 8, which resulted in a decrease in net sales of -15% or $897,000. The company’s loss in net sales in year 8 is a weakness due to overall sales being down. Cost of goods sold (COGS) between years 6 and 7 show an increase of 31.8% or $1,048M. The increase in COGS corresponds closely with the increase in net sales for the same time period, which illustrates the company’s ability to effectively control its inventory levels and material costs. For years 7 and 8, the cost of goods sold decreased by -14.5% or $630,400, which again corresponds to the change in net sales for the same period.
Financial Analysis- Task 5 A. 1. Some key points of the company’s financial picture that could impact the bank officer’s decision are as follows: while there is an increase in gross profits from year 12 to 13, there is a decrease from year 13 to 14, also while the payroll and executive compensations steadily increases from year 12 to 14, advertising basically decreases, and services and utilities continue to increase as well as expenses in general. The operating income also has a major decrease from year 12 to 14, which is not good for the company as it indicates what is available to the company before a few other items need to be paid, such as preferred stock dividends and income taxes, which needs to be increasing for the company, not
Annual revenue for the company has averaged 1.5 million dollars in the past three years. The Bead Bar paper system currently has proven to be unreliable and not of productivity to the company overall as it produces numerous human error. The usage of this system has caused problems including lost orders, incorrect invoicing, and delays of delivery to customers. The system that is currently in place has a zero communication level between Bead Bar locations around the U.S. The usage of new technology will reduce unneeded data transfers, as well as order errors.