NR533 2022 August Reflections Latest (Full)

NR533 Financial Management in Healthcare Organizations

Week 1 Reflection

Healthcare Systems’ Financial Environments

Touchpoint Reflections: This is a new type posting that occurs in the same type portal as the discussion thread. However, these are treated as “mini”-weekly assignments”. You will be able to see and read the posts of peers but are not required to respond to them. However, if someone responds to your TPR, replying their post is always the collegial thing to do. Your grade is not affected either way.

There are specific formatting and content guidelines. Remember to use the headings as defined to address each section, Experience, Reflection, Implications, in your responses. A downloadable version of the guidelines, which includes further information, is available for access below.  You are encouraged to download these guidelines and rubric to avoid the need for referring back to this page for the link.

Touchpoint Reflection Guidelines (Weeks 1-3, and 8)

Touchpoint Reflection Rubric (Weeks 1-3, and 8)

EXPERIENCE

Understanding how your organization is reimbursed for services depends on several components. Assess your organization and identify its care delivery system and payer mix make up. Include percentages represented by each payer group. Identify the key people in your organization from whom you obtained your information. Perhaps it is your unit director, operational directors, financial officers, CNOs. Your direct supervisor might be able to point you in the right direction, Since the information required is often available to the public through public reports you might also access the information through online searches of internal systems or external internet searches.

Based on this data, discuss the assumptions that could be made about the population demographics for your institution. What influence do these variables have on the types of services offered at your facility?

IMPLICATIONS FOR THE FUTURE

What might your analysis tell you about the long-term health of your community?

What future needs might be identified?

 

NR533 Financial Management in Healthcare Organizations

Week 2 Reflection

Reimbursement Issues

Guidelines for Touchpoint Reflections

A downloadable version of the guidelines, which includes further information, is available for access in the week 1 discussion thread.

Reflection Information

EXPERIENCE

Using the data collected in Week 1 about your institution’s, provide an overview of the payer mix , delivery system type, and the population demographics. Describe the type of reimbursement system relied upon most heavily by your institution; value- or volume-based.

REFLECTION

Describe how these factors coalesce to influence the financing of the type and quality of care provided at your institution. What are the implications on access and availability of types of care provided at your institution?

IMPLICATIONS FOR FUTURE

How is your proposed project affected by the information you’ve gathered about your facility?

What adjustments might you have to make in your proposal because of the information gathered?

 

NR533 Financial Management in Healthcare Organizations

Week 3 Reflection

Financial and Budgeting Principles

Guidelines for Touchpoint Reflections

A downloadable version of the guidelines, which includes further information, is available for access in the week 1 discussion thread.

Reflection Information

EXPERIENCE

This week’s readings contained a great deal of information on financial and budgeting principles. Some of you may have had some familiarity with the concepts and maybe even experience in working with them. However, there is always something new to learn. Describe your prior experiences with financial and budgeting principles, whether personally or professionally. Include your current involvement in budgeting at your institution.

REFLECTION

What pre-conceived notions related to healthcare financial and budgeting principles did you hold before this week that you understand better now or for which you have a different perspective? Reflect on at least two specific concepts.  How have these new revelations influenced your thinking related to access, availability, and quality of healthcare?

IMPLICATIONS FOR THE FUTURE

How has your enhanced knowing affected the way you view your proposed project?

What areas of additional financial or budgeting data gathering have you identified as a need for your plan?

 

NR533 Financial Management in Healthcare Organizations

Week 8 Reflection

Finance, Budgets, and Business Plans-“Oh my!”

Guidelines for Touchpoint Reflections

A downloadable version of the guidelines, which includes further information, is available for access in the Week 1 discussion thread.

Reflection Information

This is the final week of discussion and there are two important areas of reflection included in this discussion. Please label each area with a heading to facilitate classmate and instructor response.

EXPERIENCE

Post your executive summary.

Compare your pre-and post-self-assessments.

REFLECTION

Discuss the strengths and weaknesses to the business plan for your final proposal.

Identify areas of strength and weakness related to financial and budgeting principles discovered through your pre- and post- self-assessments comparison.

IMPLICATIONS FOR THE FUTURE

What adjustments are needed for you to create the most compelling plan?

What concepts from the course do you need to study further?

What is your plan for enhancing your knowledge of finance and budgets in the healthcare organization?

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