Attached is the Annotated bibliography, not such a good one, but you can use the sources included or use other sources. 8 pages is enough and the Rubric is also attachedCase Study AnalysisTo complete the following final paper, go to this week’s Case Study link in the left navigation of the classroom. Write an eight- to ten-page case analysis of the following article (which can be found in the Ashford Online ProQuest database):Souza, M. & McCarty, B. (2007). From bottom to top: How one provider retooled its collections [Electronic version]. Healthcare Financial Management, 61(9), 67-73. Include the following:Complete a summary of the case study that identifies the key problems and issues, provides background information, relevant facts, the solution employed, and the results achieved. Identify and explain the accounting practices California Sutter Health used in defining and solving its collection problems. Develop an alternative solution based on your own research using three to five academic sources from journals, professional organizations, and websites. State your informed opinion of the approach used by California Sutter Health, and provide support using concepts from your research and personal experience. Writing the Final PaperThe Final Paper:Must be eight to ten double-spaced pages in length, not including the title page and reference page, and formatted according to APA style as outlined in the Ashford Writing Center. Must include a title page with the following:Title of Case Study Student’s name Course name and number Instructor’s name Date submitted Must begin with an introductory paragraph that has a succinct thesis statement. Must address the topic of the paper with critical thought. Must use a visual such as a chart, table, graph, or other that relates to something you have learned in the class and is relevant to the case. Must end with a conclusion that reaffirms your thesis. Must use at least three scholarly sources. Must document all sources in APA style, as outlined in the Ashford Writing Center. Must include a separate reference page, formatted according to APA styleassignmentwk4.docxgrading_rubric.docxRunning head: HEALTHCARE FINANCIAL MANAGEMENT
Healthcare Financial Management
Alexandria La Berth
Accounting Concepts for Health Care Professionals: ACC 281
Professor Metzger
February 1, 2016
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HEALTHCARE FINANCIAL MANAGEMENT
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It is the duty of any healthcare provider to ensure that their patients have access to the
best services. As such, most of the healthcare providers have research departments that conduct
research and provide a recommendation for the best service. In this case study, the aim is to
analyze how one provider retooled its collections (Souza & McCarty, 2007). It was an effort of
the Sutter health which aimed at increasing its point-of-service collections. It would also improve
the healthcare’s overall revenue cycle. The health care took the steps to measure the performance
using a handful of specific primary benchmarks. The approach would also empower its PFS staff
as they take the responsibility of handling all accounts. The health provider would also ensure an
analysis of each registration using a rules engine. As such, they would identify the patient’s
problems before they leave the registration desk. Finally, the approach would ensure that the PFS
staff would receive appropriate and comprehensive training to work effectively under the new
system.
Sutter Health, which is one of Northern California’s largest health providers, in the year
2006, committed itself to empowering its PFS staff by giving them the necessary tools to
improve patient payment collections. The health care took the decision after reading the
recommendations of the financial approach. Sutter Health, being a not-for-profit communitybased healthcare and hospital system based, its aim was to provide effective medical services. To
achieve this goal, the administration required to take measures that would ensure effectiveness in
the service delivery. The health care faced diverse challenges and problems such as the presence
of a large number of employees including 48,000 physicians, and other volunteers (Souza &
McCarty, 2007). This presented a requirement for a system that would allow registration of the
employees, volunteers, and the patients.
HEALTHCARE FINANCIAL MANAGEMENT
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The article by Souza and McCarty provided an approach where a healthcare changed its
registration and revenue collection system. The article titled “From Bottom to Top described the
retooling approach of one provider which promoted its operations. The article provided data and
analysis of research that indicated how this healthcare system is on the list of the largest health
care providers. The article also analyzed how the health care maneuvered during the
implementation the entire strategy. According to the article, the revenue and payment collection
from services provided and the new patients, the health care implemented an improved system
that allowed storage of crucial information concerning patients. Further, in the payment of
employees, the system provided the information concerning a specific employee such as the area
of work, department, and the amount of pay. As such, the system reduced the congestion and
allowed fast response for the workers.
According to Souza and McCarty, the collection system assisted the department of the
accounts receivable in developing solutions to its problems. The approach aided in the
developing an effective financial management approach of any health set up. The system further
solved the key problems faced by Sutter Health such as confining departmental information in
one administration. Before the implementation of this system, each facility in the health care
acted independently in the information.
In the study of healthcare financial management, there are various articles that have
analyzed this research. There have been different methods which health cares have implemented
in their attempt to provide better services to the patients. The aim of these methods is to
consolidate services in one holding where the information can be stored. These articles have also
showed positive outcomes of various methods. The article by Souza and McCarty will be used in
the completion of this case study by providing the necessary information.
HEALTHCARE FINANCIAL MANAGEMENT
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Annotated Bibliography
Gapenski, Louis C., and George H. Pink. 2007. Understanding healthcare financial management.
Chicago: Health Administration Press.
http://www.books24x7.com/marc.asp?bookid=26364.
This article provides both the theory and concepts behind financial decision making in
the health services industry. This comprehensive article also offers the tools required to
apply the concepts in a variety of provider settings.
Healthcare Financial Management Association (U.S.). 1982. Healthcare financial management.
[Oak Brook, Ill.]: The Association.
http://search.ebscohost.com/direct.asp?db=bth&jid=HFN&scope=site.
This article provided important information and the theory concerning the use and
appropriation of finance in a health care setting. It will help in identifying the key areas
where the board can allocate the tangible amount of funding.
Hospital Financial Management Association (U.S.). 1968. Hospital financial management:
journal of the Hospital Financial Management Association. [Chicago, Ill.]: The
Association.
This article provides the information regarding hospital settings such as the requirements
and the necessities that make an effective service delivery.
HEALTHCARE FINANCIAL MANAGEMENT
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International Society for Research in Healthcare Financial Management. 1999. Research in
healthcare financial management. ProQuest 5000 International. Towson, MD: The
Society. http://www.bellhowell.infolearning.com/proquest.
This article provided the standards necessary for setting up a system. These include the
requirements of the security that will ensure the privacy of personal information stored by
the system. A healthcare should keep the information concerning its patients and should
be held with privacy. The article is essential in providing the standards to be applied in
healthcare set up.
Grading Rubric
Description:
Total Possible Score: 30.00
Summarizes the Case Study
Total: 8.00
Distinguished – Comprehensively summarizes the case study and identifies the key problems and issues,
provides background information, relevant facts, the solution employed, and the results achieved.
Proficient – Summarizes the case study and identifies the most of the key problems and issues, provides
background information, relevant facts, the solution employed, and the results achieved.
Basic -Partially summarizes the case study and identifies the some of the key problems and issues,
provides background information, relevant facts, the solution employed, and the results
achieved. Relevant details are missing.
Below Expectations – Attempts to summarize the case study and identifies a few key problems and
issues, provides minimal background information, some relevant facts, the solution employed, and the
results achieved; however, significant details are missing.
Non-Performance – The summary of the case study is either nonexistent or lacks the components
described in the assignment instructions.
Identifies and Explains the Accounting Practices California Sutter Health Used in
Defining and Solving its Collection Problems
Total: 5.00
Distinguished – Identifies and thoroughly explains the accounting practices California Sutter Health used
in defining and solving its collection problems.
Proficient – Identifies and explains most of the accounting practices California Sutter Health used in
defining and solving its collection problems. Minor details are missing.
Basic – Identifies and partially explains some of the accounting practices California Sutter Health used in
defining and solving its collection problems. Relevant details are missing.
Below Expectations -Identifies and attempts to explain the accounting practices California Sutter Health
used in defining and solving its collection problems; however, significant details are missing.
Non-Performance – The identification and explanation are either nonexistent or lacks the components
described in the assignment instructions.
Develops an Alternative Solution
Total: 5.00
Distinguished -Develops an alternative solution based on original research using three to five scholarly
sources from journals, professional organizations, and websites.
Proficient -Develops an alternative solution based on original research using some scholarly sources from
journals, professional organizations, and websites. The solution could be strengthened with additional
research. Minor details are missing.
Basic – Develops a limited alternative solution based on original research using some scholarly sources
from journals, professional organizations, and websites. The solution could be strengthened with
additional research. Relevant details are missing.
Below Expectations – Discussed information but unable to develop an alternative solution.
Non-Performance -The development of an alternative solution is either nonexistent or lacks the
components described in the assignment instructions.
States an Informed Opinion of the Approach Used
Total: 4.00
Distinguished – States a fully informed opinion of the approach used by California Sutter Health, and
provides support using concepts from research and personal experience.
Proficient – States an informed opinion of the approach used by California Sutter Health, and provides
support using concepts from research and personal experience. Minor details missing.
Basic – States a somewhat informed opinion of the approach used by California Sutter Health, and
provides minimal support using concepts from research and personal experience. Relevant details are
missing.
Below Expectations – Attempts to state an opinion of the approach used by California Sutter Health;
however,support using concepts from research and personal experience is not provided and significant
details are missing.
Non-Performance – The statement of informed opinion of the approach used is either nonexistent or lacks
the components described in the assignment instructions.
Written Communication: Control of Syntax and Mechanics
Total: 2.00
Distinguished – Displays meticulous comprehension and organization of syntax and mechanics, such as
spelling and grammar. Written work contains no errors and is very easy to understand.
Proficient – Displays comprehension and organization of syntax and mechanics, such as spelling and
grammar. Written work contains only a few minor errors and is mostly easy to understand.
Basic – Displays basic comprehension of syntax and mechanics, such as spelling and grammar. Written
work contains a few errors which may slightly distract the reader.
Below Expectations – Fails to display basic comprehension of syntax or mechanics, such as spelling and
grammar. Written work contains major errors which distract the reader.
Non-Performance – The assignment is either nonexistent or lacks the components described in the
instructions.
Written Communication: APA Formatting
Total: 2.00
Distinguished – Accurately uses APA formatting consistently throughout the paper, title page, and
reference page.
Proficient – Exhibits APA formatting throughout the paper. However, layout contains a few minor errors.
Basic – Exhibits limited knowledge of APA formatting throughout the paper. However, layout does not
meet all APA requirements.
Below Expectations – Fails to exhibit basic knowledge of APA formatting. There are frequent errors,
making the layout difficult to distinguish as APA.
Non-Performance – The assignment is either nonexistent or lacks the components described in the
instructions.
Written Communication: Page Requirement
Total: 2.00
Distinguished – The length of the paper is equivalent to the required number of correctly formatted pages.
Proficient – The length of the paper is nearly equivalent to the required number of correctly formatted
pages.
Basic – The length of the paper is equivalent to at least three quarters of the required number of correctly
formatted pages.
Below Expectations – The length of the paper is equivalent to at least one half of the required number of
correctly formatted pages.
Non-Performance – The assignment is either nonexistent or lacks the components described in the
instructions.
Written Communication: Resource Requirement
Total: 2.00
Distinguished – Uses more than the required number of scholarly sources, providing compelling evidence
to support ideas. All sources on the reference page are used and cited correctly within the body of the
assignment.
Proficient – Uses the required number of scholarly sources to support ideas. All sources on the reference
page are used and cited correctly within the body of the assignment.
Basic – Uses less than the required number of sources to support ideas. Some sources may not be
scholarly. Most sources on the reference page are used within the body of the assignment. Citations may
not be formatted correctly.
Below Expectations – Uses an inadequate number of sources that provide little or no support for ideas.
Sources used may not be scholarly. Most sources on the reference page are not used within the body of
the assignment. Citations are not formatted correctly.
Non-Performance – The assignment is either nonexistent or lacks the components described in the
instructions.
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