ACC 281 University of Arizona Global Campus Accounting Concepts For Health Care Professionals Case Study – Description
For this assignment use the Avalon Health Care Organization Case Study Template to address the following:
Summarize the key problems and issues identified in the case study.
Discuss relevant facts that contributed to the issues.
Analyze the accounting practices Avalon Health Care Organization used in determining whether to acquire XYZ Health Care Organization.
Calculate the following for XYZ from the information provided:
Current ratio
Quick ratio
Vertical analysis
Horizontal analysis
Discuss the purpose of each accounting method, including the information obtained from each and how it will be used to make the decision for acquisition.
Create a visual element (e.g., chart, table, graph, etc.) to convey the financial information to nonfinancial managers who are making decisions about whether to purchase XYZ Health Care Organization.
Write a narrative of at least one paragraph to indicate which data you selected, why you selected it, and what information it conveys.
The visual element must use the information shared in both the Avalon Health Care Organization Case Studyand the XYZ Health Care Organization’s Financial Statements.
Visual elements are commonly used to convey information to financial and nonfinancial people, such as up- or downward trends, cash flow, liquidity, expenses, reserves, and so forth.
For support with finding tools to create your visual, you may wish to visit the Digital Toolbox. You may use any of the tools listed in the Digital Toolbox or the graph tool in Excel on the Insert tab to create your visual as long as you can copy and paste it into your Avalon Health Care Organization Case Study paper and the total file size for your assignment submission to Waypoint does not exceed 25 MB.
Examine at least one ethical situation that arose or could occur based on the details presented in the Avalon Case Study. This can be from the following list, or you may discuss another ethical issue not identified here:
Use of data (e.g., quantitative and qualitative information) and analytics (e.g., statistical analysis of the data to reveal patterns, correlations, and cause-and-effect relationships) and the affect it has on patients
Safeguarding patient privacy
Equal access to treatments
Reconciling patient care decisions with fiscal responsibility
Implementing artificial intelligence and robotics
Devising ethical responses to pandemics and other widespread medical emergencies (AdventHealth University, 2020)
Equitable patient care
Impact of expansion, both advantageous and detrimental (e.g., increase in jobs versus negative impact on marginalized populations), to the surrounding community
Formulate an informed opinion of whether you would recommend Avalon Health Care Organization to proceed with the acquisition of XYZ Health Care Organization. Support your response with your rationale including factors that influenced your decision.
Examine the strategic plans in the Avalon Health Care Organization Case Study.
Include a recommendation for goals that could be cut entirely or delayed to greater than five years.
Review the list of goals and revise the priority order or the dollar amount attributed to that goal. Provide your rationale as to how the revised order or revised budget could positively influence the strategic plan and long-term viability of the newly acquired organization.
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