WHAT ARE THE LARGEST EXPENSE CATEGORIES INCURRED BY HEALTH CARE SERVICE ORGANIZATIONS?
Student discussion must be 200 original words and supported by academic, peer-reviewed references (at least 1). Whenever possible, please try to relate the course content to real-world applications from your work experience. I expect your message to reflect critical thought and an integration of the key themes and concepts from the readings.
Baker, J. J., & Baker, R. W. (2014). Health care finance: Basic tools for nonfinancial managers (4th ed.). Sudbury, MA: Jones & Bartlett Publishers.
1. What are the largest expense categories incurred by health care service organizations?
2. What are the titles and functions of the four financial statements usually included in an audited financial report?
Please submit/ upload different: Find two or three articles that address financial reporting practices and ethical standards in health care finance, including the following topics:
Generally accepted accounting principles
Corporate compliance, ethics, or fraud and abuse
Write a 700- to 1,050-word paper on the financial management of health care organizations, integrating your research articles.
Include a summary of the four elements of financial management.
Include a summary of generally accepted accounting principles and general financial ethical standards.
Provide examples from the articles that reflect ethical standards of conduct and financial reporting practices.
Explain the significance of each example.
Format your paper consistent with APA guidelines.
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