Elijah Heart Center Finance Simulation

Elijah center Center finance Simulation Casey M. Hancock HCS/405 June 21, 2012 Bryan Webb Elijah Heart Center pay Simulation The Elijah Heart Center (EHC) Finance Simulation is an online tutorial for health Care Financial score assimilators. This tutorial teaches schoolchilds the process of analyzing m unrivaledtary indicators for termination-making in a wellness care organization. The pupil plays the persona of a senior consultant for a monetary consulting firm. Responsibilities for this exteriorise are to bridge a working chief city, try funding extracts for acquiring medical equipment, and evaluate funding options for capital expansion. In each scenario the simulator gives the pupil options for complete said tasks and after choosing is shown what the better(p) option for each is. By nurture the fundamentals of financial strategies, the simulation prepares students for the financial workings in professional health care. The head start task the studen t faces is to improve the cash menstruum problem at EHC. The student studies a Working expectant Shortfall chart and a Revenue and Expenditure Projections graph and how different cost cutting options affect them. The challenge is to hire a combination of the surpass two cost cutting options out of six possible excerpts.

In this example the student chooses reducing agency staff and changing the skill mix. The student selects this combination because it reduces working capital by oer $500,000 and solo slightly reducing case of patient care. The outcome of this decision is favorable to the simulator. The s tudents decision saves $811,249 by the first! quarter that is well everywhere target. This reduces the working capital shortage and enables EHC to increase patient volume. The bordering decision to make is to get back between two loan options. The student selects loan option two that has a six-month total interest payment of $53,873 over option one that has a six-month total interest for $56, 589. selection two is the choice because the $2,716...If you want to get a skillful essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay