Prior to beginning work on this assignment, review Chapters 8, 9, 10, 11, and 12 from the course textbook, Essentials of Healthcare Finance. As C

Prior to beginning work on this assignment, review Chapters 8, 9, 10, 11, and 12 from the course textbook, Essentials of Healthcare Finance.

As Cleverley and Cleverley (2018) suggest,

If sustainable growth (equity growth that meets or exceeds asset growth) is an organization’s long-term financial goal, then there is no other financial objective that is more important than equity growth. Healthcare organizations that expect low rates of equity growth in the future most likely will not be able to provide the level of resources sufficient to meet their mission. (p. 262)

It should be clear that healthcare organizations’ primary financial interest must be in sustainable growth or return on equity (ROE).

You are the Chief Financial Officer (CFO) for Shady Valley’s 80-bed skilled nursing facility for long-term care. You will meet later this month with other C-suite officers to discuss the importance of financial objectives, the use of benchmarking data, the organization’s revenue and expenses, entrance fee funds, and deferred revenue and its effect on the long-term care organization’s financial objectives.

As you prepare your report, you must also provide cited content to back up/validate your thoughts and suggestions.

Note: Be sure you are not writing in first person. Check the First vs. Third PersonLinks to an external site. for guidance.

In your paper,

• Explain the importance of financial objectives and how those objectives are defined in terms of the return on equity (ROE).
• Describe comparative benchmarking data and why the data is important to a dashboard reporting system.
• Discuss three types of revenue and expenses found in the long-term care-nursing home industry.
• Define the terms entrance fee fund and deferred revenue and their relationship to an organization’s financial objectives.

The Analyzing Financial Positioning in Healthcare paper,

• must be three to five double-spaced pages in length (not including title and references pages and formatted according to APA StyleLinks to an external site. as outlined in the Writing Center’s APA Formatting for Microsoft WordLinks to an external site. resource.
• must include a separate title page with the following in title case:
  • title of paper in bold font
    • Space should appear between the title and the rest of the information on the title page.
  • student’s name
  • name of institution (The University of Arizona Global Campus)
  • course name and number
  • instructor’s name
  • due date
• must utilize academic voice. Review the Academic VoiceLinks to an external site. resource for additional guidance.
• must include an introduction and conclusion paragraph.
  • Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
  • For assistance on writing Introductions & ConclusionsLinks to an external site. and Writing a Thesis StatementLinks to an external site., refer to the Writing Center resources.
• must use at least three scholarly or peer-reviewed sources published in the last five years in addition to the course text.
  • The Scholarly, Peer-Reviewed, and Other Credible SourcesLinks to an external site. table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source.