Assignment: Cuyuna Medical Center Healthcare

Assignment: Cuyuna Medical Center Healthcare

Assignment: Cuyuna Medical Center Healthcare
ORDER NOW FOR AN ORIGINAL PAPER ASSIGNMENT: Assignment: Cuyuna Medical Center Healthcare

Assignment: Cuyuna Medical Center Healthcare

Question Description
I don’t understand this Management question and need help to study.

Readings:Chapter 13 & 16.

Supplemental Materials:

There are not any power points for these chapters.

Health systems are constantly updating their strategic plans that project out 3-10 years.

The strategic plan guides the investment in new programs and services.

Review steps 1-13 of the planning process in chapter 13 beginning on page 300.

Assignments:Your term paper is due this week.

Evaluation: Term Paper (100 points)

This is an individual effort. Each student must select a healthcare organization to analyze.

In the year 2018, 81% of hospitals were organized as not-for-profits or government hospitals

while 19% were for-profit hospitals (AHA Fast Facts US Hospitals, 2018). Most of you

probably work for a not-for-profit organization. For-profit health systems are concentrated in

Tennessee, Florida, Texas, Arizona and California. Most of the for-profit health systems are

publicly traded on stock exchanges and are required to disclose a significant amount of

information about the organization to the Securities and Exchange Commission. Not-for-profit

health systems have limited requirements for disclosing financial information which presents

challenges if you want to analyze not-for-profit health systems.

Not for profit organizations is: Cuyuna Regional Medical Center: Crosby, MN

The above organization’s financial statements are available for you to download on the course

website under the tab: Term Paper Resources. I obtained the above financial statements from or

Purpose: The purpose of the term paper is for students to develop skills needed to analyze the

financial health of an organization.

Content: Include a title page and appropriate references. The paper should be double spaced using 12 point font.

The paper will include the following parts:

1. Introduction and Executive Summary.

2. (10 Points) Discuss background of the organization. Discuss favorable and unfavorable trends

for the organization. Use the internet to research the organization. If the organization is based in

Minnesota be sure to search the Minneapolis Star Tribune Newspaper website and local

newspaper websites. Talk about recent initiatives or programs that the health system is engaged

in. This section should be at least one page.

3. (20 Points) You need to cite at least three different sources in this section. Discuss current

trends in the healthcare industry and note both favorable and unfavorable trends that could

impact a healthcare system’s financial performance. Publicly traded organizations are required

to prepare an annual report to shareholders called a 10K. This document provides a wealth of

information about an organization and its industry.

I have provided a copy of an annual report for a publicly traded healthcare system (10K) on the

course website that you must read and you must have at least one reference to the 10K in your

paper. Be sure to cite your sources in this section.

This section on healthcare industry trends should be at least two pages.

4. Financial Statement Analysis-Balance Sheet and Income statement (40 Points)

Please complete the ratios and attach them as an appendix which can be sent in a separate file. Be sure to show the detail of your ratio calculations.

Analyze the cost structure of the organization. What are the two largest expense categories on the income statement? Have these expense categories increased or
Ratio Analysis — Calculate ratios for 2 years and show your detail(see chapter 3)
State what each ratio means.
Calculate each of the 6 ratios listed below and show detail. Comment on whether the ratio has improved from last year to the current year.
Compare current year ratios to S&P industry median ratios listed below. Are the organization’s ratios more favorable or less favorable than S&P Industry median ratios.
decreased over the past year?

Current ratio S&P A rated = 1.9
Average collection period ratios S&P A rated = 59.7
Days cash on hand, all sources, ratio S&P A rated = 108.6
Operating margin ratio S&P A rated = 2.0
Excess Margin (Total margin ratio) S&P A rated = 2.1
Net asset financing ratio S&P A rated = 53.5
5. (5 points) Operating Indicators (statistics)

List 5 operating indicators and show the current year and prior year amounts. Comment on whether the trend is favorable or unfavorable.
Examples of operating indicators for a hospital include, number of inpatients, patient days, Average Length of Stay (ALOS), number of outpatient visits, number of surgeries, number of emergency room visits and number of physician office visits.
6. (5 points) Analyze the organization’s payor mix. List the two largest payors. How does this

organization compare to MN Hospital averages of Medicare 30%, Medicaid 12% other payers

58% based on net patient revenues? Does this organization have a favorable payor mix in terms

of reimbursement? According to the Minnesota Hospital Association (2018) Medicare

reimburses on average 87% of costs and Medicaid reimburses 85% of costs so hospitals are

losing money on Medicare and Medicaid patients.

7. (2 points) Consider the ratios and operating indicators of your organization as you answer this

question. Is the organization profitable? How is the trend from last year to this year for

profit/loss? Is the organizations profit improving or declining compared to last year?

8. (8 points) What recommendations would you make in order to improve the financial

performance of the organization? You should have at least three recommendations. Discuss each

recommendation in depth (one or two paragraphs for each recommendation) to earn full credit.

9. Conclusion.

(remaining 10 points will be assigned based on the overall paper quality and compliance with

APA guidelines)


Note to Healthcare Finance Course : Below is part of the 10k the annual report that publicly traded (for profit) companies must file with the Securities and Exchange Commission (SEC). This 10K is for Community Health Systems, December 31, 2018. This company owns many rural facilities. Please read this document so that you get a better understanding of the challenges that healthcare systems face. This document gives you an understanding of this health systems business strategy.

Please read through page 42.

You must cite information from this document in your term paper.


Assignment: Cuyuna Medical Center Healthcare

Assignment: Cuyuna Medical Center Healthcare

You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.


Discussion Questions (DQ)

Initial responses to the DQ should address all components of the questions asked, include a minimum of one scholarly source, and be at least 250 words.
Successful responses are substantive (i.e., add something new to the discussion, engage others in the discussion, well-developed idea) and include at least one scholarly source.
One or two sentence responses, simple statements of agreement or “good post,” and responses that are off-topic will not count as substantive. Substantive responses should be at least 150 words.
I encourage you to incorporate the readings from the week (as applicable) into your responses.
Weekly Participation

Your initial responses to the mandatory DQ do not count toward participation and are graded separately.
In addition to the DQ responses, you must post at least one reply to peers (or me) on three separate days, for a total of three replies.
Participation posts do not require a scholarly source/citation (unless you cite someone else’s work).
Part of your weekly participation includes viewing the weekly announcement and attesting to watching it in the comments. These announcements are made to ensure you understand everything that is due during the week.
APA Format and Writing Quality

Familiarize yourself with APA format and practice using it correctly. It is used for most writing assignments for your degree. Visit the Writing Center in the Student Success Center, under the Resources tab in LoudCloud for APA paper templates, citation examples, tips, etc. Points will be deducted for poor use of APA format or absence of APA format (if required).
Cite all sources of information! When in doubt, cite the source. Paraphrasing also requires a citation.
I highly recommend using the APA Publication Manual, 6th edition.
Use of Direct Quotes

I discourage overutilization of direct quotes in DQs and assignments at the Masters’ level and deduct points accordingly.
As Masters’ level students, it is important that you be able to critically analyze and interpret information from journal articles and other resources. Simply restating someone else’s words does not demonstrate an understanding of the content or critical analysis of the content.
It is best to paraphrase content and cite your source.
LopesWrite Policy

For assignments that need to be submitted to LopesWrite, please be sure you have received your report and Similarity Index (SI) percentage BEFORE you do a “final submit” to me.
Once you have received your report, please review it. This report will show you grammatical, punctuation, and spelling errors that can easily be fixed. Take the extra few minutes to review instead of getting counted off for these mistakes.
Review your similarities. Did you forget to cite something? Did you not paraphrase well enough? Is your paper made up of someone else’s thoughts more than your own?
Visit the Writing Center in the Student Success Center, under the Resources tab in LoudCloud for tips on improving your paper and SI score.
Late Policy

The university’s policy on late assignments is 10% penalty PER DAY LATE. This also applies to late DQ replies.
Please communicate with me if you anticipate having to submit an assignment late. I am happy to be flexible, with advance notice. We may be able to work out an extension based on extenuating circumstances.
If you do not communicate with me before submitting an assignment late, the GCU late policy will be in effect.
I do not accept assignments that are two or more weeks late unless we have worked out an extension.
As per policy, no assignments are accepted after the last day of class. Any assignment submitted after midnight on the last day of class will not be accepted for grading.

Communication is so very important. There are multiple ways to communicate with me:
Questions to Instructor Forum: This is a great place to ask course content or assignment questions. If you have a question, there is a good chance one of your peers does as well. This is a public forum for the class.
Individual Forum: This is a private forum to ask me questions or send me messages. This will be checked at least once every 24 hours.

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