Simulation review paper on elijah heart

The simulation that was provided served me with great hands on experience and knowledge of how critical thinking can benefit not only me but many others in different ways. The hospital also provides outpatient services for less invasive procedures and clinical care. Explain what you would do differently if you performed the simulation again.

The choice made for Simulation review paper on elijah heart issue was concrete. After closer review I believe the operating lease was the best option. The best option for obtaining an ultrasound machine would be an operating ease. Summary This particular simulation provides students a chance to think critically and participate in making decisions for real-life experiences within a health care facility, associated to finance.

Nursing and other employees who were hired via contracts worked for higher rates of pay. N top of a loan option were the best options available. Other expansions include 5 operating suites along with seven Cardiac Catheterization Labs. The nursing staff was affected because higher wages were paid to outside agencies who supplied contract nurses.

Support your ideas, analysis, and conclusions with references to scholarly external sources, such as the textbook and journal articles. I will take what I have learned from this assignment and apply the methods used to maintain a competent financial budget as well as monitor and maintain adequate employee staffing ratios.

Simulation Review Paper on Elijah Heart Center

The goal being strived for is the ability to take money being paid out to contract workers, and use it to hire staff at a reasonable rage of hire. In large healthcare organizations, there is constant competition between departments for funding request for new equipment and supplies.

Simulation Review Paper

Other expansions include 5 operating suites along with seven Cardiac Catheterization Labs. Insurance rates are not current and based on past medical costs which stunts the financial growth of the hospital. The medical equipment that EHC has now allows for patient to wait in lesser lines for tests or treatments.

Changing the skill mix is a great strategy to help retain employees, add to their skills to make them more of an asset, and increase the employee morale. Funding Options for Equipment Acquisition Evaluate which cost-effective equipment selections you made and why.

You must complete the following tasks: I will also recommend specific measures to modernize the hospital and provide specific plans for hospital expansion. According to Baker and Bakerthe reason for new equipment is needed must be clearly stated.

A different and daring approach was used to purchase the equipment needed for the hospital. It may have inventories of medical supplies and drugs, but those inventories are necessary to service delivery, not manufacturing functions. By being moving more quickly and efficiently patients become less stress when in Simulation review paper on elijah heart hospital.

Depending on the specific position and pay grade, large quantities of contract workers drains the current financial budget and reserves. The interest rate is lower than loan option 1at 9. The downsizing of staff at this point was right but in the future more job opportunities will be open allowing for returning staff growth.

The facility needs to purchase three machines. Explain what you would do differently if you performed the simulation again. These systems will provide more satisfying quality of care to EHC patients. The capital lease also allows for EHC to claim ownership on their balance sheets within the provided lease period.

Analyze the outcome of your capital shortage decision. Funding Options for Capital Expansion Evaluate which source of funding for capital expansion you selected and why.

This x- ray machine is expected a useful life of 15 years. In the process of great patient care, poor financial decisions have been made in the past that now hinder the profitable spectrum of the organization.

The critical and visual aspect of what was provided helped me in my choices resulting in a solved problem with the capital storage at EHC. Phase 3 Options for Capital Expansion Now that the capital shortage and equipment acquisition were addressed and the financial improvement of the hospital is rising, there is now a need for added space.

Format your paper consistent with APA guidelines Use the order calculator below and get started! Funding Options for Capital Expansion Evaluate which source of funding for capital expansion you selected and why. Summary and Conclusions Explain what you learned from this simulation.

Next is the Ultrasound system and my decision was between a capital lease and an operating lease. You will need to reference it as you complete the simulation.Simulation Review Paper Shunna Billops HCS/ Marjorie Romano July 25, The simulation review paper will address the summary of my findings of the financial accounting of the Elijah Heart Center Hospital, according to the financial indicators in the simulation: Capital shortage, Funding options for equipment, Funding options for capital.

Simulation Review Paper Elijah Heart Center (EHC), is a healthcare organization focused on cardiac health. The facility is equipped to handle the full spectrum of cardiovascular services for physicians and patients.

The hospital also provides outpatient services for less invasive procedures and clinical care. Although the organization’s. Simulation Review Simulation Review Carmela Peterkin-Wilson HCS 10/15/ Lawrence Anderson Simulation Review In this paper I will talk about a simulation review I completed on the financial hardships of Elijah Hearth Center (ECH), a one hundred and forty bed cardiac care inpatient hospital as well as outpatient and rehabilitation services located in New York City.

Simulation Review Paper on Elijah Heart Center

Simulation Review Paper Elijah Heart Center (EHC), is a healthcare organization focused on cardiac health. The facility is equipped to handle the full spectrum of cardiovascular services for physicians and patients.

The hospital also provides outpatient services for less invasive procedures and clinical care. Although the organization’s. Simulation Review Paper on Elijah Heart Center Elijah Heart Center (EHC), is a healthcare organization focused on cardiac health.

The facility is equipped to handle the full spectrum of cardiovascular services for physicians and patients. The purpose of this paper is to address the topics in financial accounting from a cardiac care hospital’s perspective by evaluating an electronic financial simulation of the fictitious Elijah Heart Center (EHC) a bed cardiac care hospital based in New York City.

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Simulation review paper on elijah heart
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