Propose three ways in which a healthcare organization’s Board of Directors can influence policy.

Propose three ways in which a healthcare organization’s Board of Directors can influence policy.

  • From the e-Activity, analyze the mission statement of the selected organization. Determine two characteristics or components of the mission statement that you believe are most aligned with the organization’s directional strategy. Justify your response.
  • From the e-Activity, review the organization’s values statement (Note: This statement might also be labeled as guiding principles, philosophy, or ethics). Suggest two ways in which the organization can demonstrate its values or philosophy through delivery of its services.

 

“Statements and Strategy” Please respond to the following:

  • From the e-Activity, recommend one strategic goal for the selected organization that aligns with its mission statement, and one critical success factor necessary for the organization to achieve the goal you recommended.
  • Propose three ways in which a healthcare organization’s Board of Directors can influence policy. Provide specific examples to support your rationale.

Review the following balan

ce sheet:

BestCare Health Maintenance Organization (HMO)
Balance Sheet
June 30, 2011 (in thousands)
Assets
Current assets:
Cash    $2,737
Net premiums receivable    $821
Supplies    $387
Total current assets    $3,945    $3,945
Net property and equipment    $5,924
Total assets    $9,869
Liabilities and Net Assets
Accounts payable—medical    $2,145
services
Accrued expenses    $929
Notes payable    $382
Total current liabilities    $3,456    $3,456
Long-term debt    $4,295
Total liabilities    $7,751    $7,751
Total assets    $9,869
Net assets-unrestricted (equity)    $2,118
Total liabilities and net assets    $9,869

What is BestCare’s net working capital for 2011?
What is BestCare’s debt ratio? How does this ratio compare with Sunnyvale’s debt ratioas shown in Exhibit 4.1 (Chapter 4) in your textbook?

 
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