HCA 312 UArizona Global Campus Health Care Finance Comparative Data Template

Comparitive Data

review Chapters  14 and 15 in your course textbook as well as the Comprehensive Assessment of Firm Financial Performance Using Financial Ratios and Linguistics Analysis of Annual Reports  (Links to an external site.)article and the Financial Ratios (Links to an external site.) web page. Complete the Comparative Data Staffing template.

  • Background: As the office manager for Dr. Smith and Brown’s, you have the responsibility of ensuring efficient operation of their practices. In your healthcare career, you will need to understand the criteria, and use of comparative data as well as terms such as common-sizing, trend analysis, forecasting and projecting, which requires the analysis of data to make informed decisions.
  • Instructions
  • complete the Comparative Data template.
  • HCA312 Week 4 Assignment
    Comparative Data
    Prior to beginning this assignment, review Chapter 14 and 15 in the course textbook, Health Care
    Finance: Basic Tools for the Nonfinancial Managers, 5th edition. These two chapters will assist you in
    responding accurately to the questions in the table.
    Instructions:
    Complete the following table by writing detailed and thorough responses to the questions. Provide
    examples where indicated. Once the document template is completed, you should have at least two
    pages. APA formatted citations and references are required. Cite the sources per in the narrative and list
    the reference in the last box of the table.
    What is meant by
    common sizing?
    Provide an
    example:
    What is meant by
    Trend Analysis?
    Provide an
    example:
    What is the
    difference
    between
    forecasting and
    projecting?
    What are the three
    common types of
    forecasts in a
    Healthcare
    Organization?
    Name the three
    criteria that must
    be met for true
    comparability.
    Discuss each.
    What elements of
    consistency
    should be
    considered?
    Provide an
    example:
    Discuss the
    importance of
    comparative data
    and explain the
    healthcare
    manager’s
    responsibility
    when comparing
    data
    Name the four
    common uses of
    Comparative Data.
    Discuss each.
    Explain
    Standardized Data
    Provide an
    example.
    List your
    References:
    REQUIRED

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