You Will Take The Information You Gathered From Milestone 1
You Will Take The Information You Gathered From Milestone 1 And Use It
You will take the information you gathered from Milestone 1 and use it for the top part of Milestone 3 and add in more information for each section. Please note that for the Legislation part—each section builds off of the previous section.
Paper For Above instruction
Organizational Impact
Propose a choice of hospital along with the rationale, avoiding the use of first person. Describe the hospital’s mission in detail, focusing on its industry or purpose. For example, St. Jude’s Hospital operates as a nonprofit focused on pediatric cancer care without charging families. Summarize the hospital’s mission and purpose based on information from its website, avoiding direct quotes but including citations.
Identify the hospital’s sub-industries. For example, if the hospital has a dedicated research center aligned with its mission, include this information. Discuss the hospital’s financial background, providing one or two specific examples of annual income and expenses. Analyze whether the facility is solvent and interpret what these financial numbers indicate.
Determine if the organization is a nonprofit or for-profit entity and discuss how this status influences economic policy impact. Detail the organization’s tax status and explain how its tax classification affects its experience with economic legislation.
Demand Theory
Describe how demand theory is reflected in the hospital’s financial statements. Deduce whether the facility experiences high demand through indicators such as new services, expansion projects, or increased patient volume. Look for evidence in the hospital’s annual reports, community communications, press releases, or online publications.
Market Behavior Impact
Explain how market behaviors within the healthcare industry influence the hospital’s financial statements throughout the year, including fluctuations. Focus on aspects such as fundraising activities or community-driven services—fundraisers increase income, whereas pro-bono work or free community services affect expenses. Investigate public records, press reports, and published statistics to support your analysis.
Economic Legislative Changes
Identify economic and legislative changes that are likely to impact your chosen organization, explaining the rationale behind their influence. Use the SWOT analysis related to legislation to illustrate how policies affect the hospital. Provide specific examples, avoiding mention of healthcare reforms like the ACA.
Policy Changes and Impact
Discuss internal policy adjustments necessary for compliance with the identified economic legislation. Describe how these internal policy changes impact the hospital’s financial statements, providing examples such as adjustments in billing procedures or reporting practices.
Potential Disparities
Identify healthcare disparities created by the economic policies discussed. Offer detailed, evidence-based recommendations to address and reduce these disparities, citing relevant research and best practices from the literature.
This report should follow APA formatting standards, include appropriate citations, and range between 4 to 6 pages, excluding title and reference pages.