Explain the role of financial information in decision making within the healthcare industry
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Week 1 – Assignment: Analyze the Process of Financial Decision Making
Address the following points in a paper as an analytical reflection:
Explain the role of financial information in decision making within the healthcare industry. Explain how the healthcare industry differs from other industries.
Discuss what critical elements in the financial decision-making process are presented in your analysis. Where applicable, provide specific examples.
Support your paper with a minimum of three scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Length: 5-7 pages, not including title and reference pages
Week 1 Assignment Title: Analyze the Process of Financial Decision Making
CriteriaContent (7 points) Points 1 Characterized role of financial information in decision making. 2 2 Compared and contrasted the healthcare industry with other industries in terms of financial factors. 2 3 Captured critical elements of financial decision making in healthcare.3 Organization (3 points)1 Included a minimum of three scholarly references, with appropriate APA formatting applied to citations and paraphrasing. Paper is 5-7 pages long not including the title and reference pages. 3 Total10
You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.
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The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.