The case study should not repeat the content of the assigned chapter/reading. Assume we read your assigned chapter very well so no need to repeat definitions and contexts. Rather, your case study should present a well-documented financial problem of your chosen healthcare organization that relates directly to the assigned chapter, and illuminates some of its key points or issues, whether by way of applying concepts, methods, and strategies, or critiquing them, as the case may be. That way, the class can better relate the textbook chapter/reading to real-life financial settings, practices, dilemmas and challenges, and business opportunities in healthcare. That way, too, textbook theory can be reconciled with actual financial practice.
1. Read carefully and thoughtfully your assigned textbook chapter/reading and list down some key words, points, and issues to apply or critique, as the case may be.
2. Google/browse through a few healthcare organizations, including pharmaceutical, medical device, medical technology, and insurance organizations/companies found in published studies, news reports, current events, finance healthcare websites (including the sources that I posted in the Week 1 module, etc). Use your list of key words, points, or issues to help Google or browse.
Narrow your choices down to 2 or 3 organizations/sectors. Then choose the final healthcare organization for your case study that you will present. Feel free to consult with your professor anytime.3. Prepare a written report as follows: The student/case discussant will write and submit a 5-page (maximum) case report (excluding cover and references), double-spaced, 12-point font, with 1-inch margins. The written report should be divided into sections with sufficient in-text references in APA style, Main points of the paper can be presented in bullet form. These bulleted items/points should be backed by published research/studies.
2.Your written report should include the following sections (besides a title page and reference page): A brief overview/summary of the healthcare organization you have chosen for your case study The specific financial problem or issue you have identified in your chosen organization, and how it relates to your assigned chapter/readings key words, concepts, methods, strategies, etc. The case study problem might come in the form of a questionable financial strategy (e.g., premium rate-setting or budget allocation method for a big-ticket hospital equipment or property), budgetary and resource constraints faced in the coming year by the healthcare organization, adequacy of contingency reserves set by the healthcare organization, regulatory compliance and accountability issues, including Medicare and Medicaid fraud, and reconciliation of price changes with revenue and financial growth projections, etc.
Your own analysis of the solution or remedies taken by the organization/sector to address the problem/s and issue/s that you identified above. Here you can further show the uses and applications of what you learned from your chapter, or further critique your chapter, as the case may be.
Conclusion (lessons learned, implications of your paper to the professional practice of healthcare finance, recommendations for improved financial practice, etc.)
Chapter assigned was COST ACCOUNTING
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