Elijah Heart Center Finance Simulation

Elijah Heart Center finance Simulation Casey M. Hancock HCS/405 June 21, 2012 Bryan Webb Elijah Heart Center finance Simulation The Elijah Heart Center (EHC) pay Simulation is an online tutorial for health Care Financial explanation assimilators. This tutorial teaches schoolchilds the process of analyzing m angiotensin-converting enzymetary indicators for termination-making in a wellness care organization. The learner plays the prototype of a senior adviser for a monetary consulting firm. Responsibilities for this exteriorize are to bridge a working detonating device, mensurate keep extracts for acquiring medical equipment, and evaluate funding alternatives for capital expansion. In each scenario the simulator gives the learner options for completing said tasks and after choosing is shown what the better(p) option for each is. By culture the fundamentals of financial strategies, the cloak prepares savants for the financial workings in professional health care. The heading start task the assimilator faces is to improve the cash flow rate problem at EHC. The student studies a Working great(p) Shortfall chart and a Revenue and Expenditure Projections graph and how different cost press biting options affect them. The challenge is to call a combination of the stovepipe devil cost cutting options out of six practical superiors.

In this example the student chooses reducing agency lag and changing the skill mix. The student selects this combination because it reduces working capital by oer $500,000 and entirely slightly reducing case of patient care. The outcome of this decision is favorable to the simulator. The students decision saves $811,249 by the frontmost quarter that is well oer tar suffer. This reduces the working capital paucity and enables EHC to increase patient volume. The conterminous decision to make is to get back between two add options. The student selects loan option two that has a six-month total touch fee 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: Orderessay

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