Accounting Essay 29

Simulation Review Kendra Hankins University of Phoenix The single largest industry in the United States at present is health c ar. There are m either infirmarys that are dangerous and this is due to lack of Medicaid reimbursements, cutbacks in Medi anxiety payments and cutbacks in funding. There are 140 beds at Elijah watch midsection. Profits are falling provided patient revenues and volumes are increasing. Elijah spirit Center has employ a consulting firm to help them in this situation. The hospital is going away to be facing a working capital shortfall. The hospital is in such dire need that if there were an emergency, they whitethorn not energise enough notes to support themselves through with(predicate) the hard times. The working capital shortfall can be solved by reducing staff agency as well as by reducing the staff benefits. wellness care be are increasing continuously and hospitals have to do so much to keep up with the cost. Elijah Heart Center has other sources for finances. They include revolving credit agreements, term contributes, garner of credit, line of credit and single payment loan. The single-payment loan curriculum that Elijah Heart Center is using is enabling them to borrow money up to a certain limit during a loan period.

To cut costs at Elijah Heart Center, I chose ever-changing the Skill Mix and Reducing Proportion of Agency assure Staff. With the choices I have made, my goal for Elijah Heart Center is for their costs to go down while not making any huge changes in the revenue. This would also help cut costs in a way that would make revenue increase, but only if Elijah Heart Center changes the percentages. The loan choice I chose to go with was the three month loan repay. This would be option one. The loan will definitely help Elijah Heart Center for the next three months. During these three months, we are showing that Elijah Heart Center will already be low on funds. During the three months, funds will start flowing in. Managed care companies, along with Medicare, will pay Elijah Heart... If you want to get a full essay, order it on our website: Ordercustompaper.com

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