New

Learn smart - Learn online. Upto 88% off on courses for a limited time. View Courses

Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader
Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!

Stuck on Your Question?

Get 24x7 live help from our Top Tutors. All subjects covered.

loader
250 words

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Students Who Viewed This Also Studied

25 Pages
Accounting For Income Tax

!"#$%&'()*+((%#,-../ 01123453%1.67.689+%:)*8*,)8/%;+7.69)*()( 3?3?%[email protected]%3 !""#$%$ &'()"*$+ ,,-.++%$ ,//*012(13$4*5$61/*7"$89: ;5< ;(91"$=9>*539 !?92$)*$2?"@"$/*7A91("@$?9B"$(1$/*77*1C !"#$%&'$&'()*+$, ...

Course

ACCT2542

Subject

Finance

University

University of New South Wales

Season

Fall

2 Pages
MGT 2205 Advance Financial Accounting

Do a basic statement of financial position and an income statement for Pirate, Sailor and consolidated for October, November and December for the transaction in paragraph 1.Explain the idea of separat ...

Course

MGT2205

Type

Course Work

Subject

Finance

University

University of Toronto

22 Pages
Investments in Associates and Joint Ventures

!"#$%&'()*+((%#,-../ #,-../%.0%1,,.'*2)*3 14456786!""#"#!""# $%&'()*+ ,-!"#$%&'(')*#+$,'%-'.//%01*#,/'('2%1"#'3,"#+$,/ ./)0&1*$2*345(678(476*&4*966)1&:7(6*;*(6 ?&:4(*@:A)>B: %&'()*+.6*C(:>4&4B*D=71)8( ...

Course

ACCT2542

Subject

Finance

University

University of New South Wales

Season

Fall

55 Pages
ACC00716 -Finance

FINANCE FINANCE REPORT 1 Contents A. Cash flow analysis ................................ ................................ ................................ .......... 2 B. Ratios ...

Course

ACC00716

Subject

Finance

University

Southern Cross University

Season

Fall

HLTH5193 Financial and Economical Management For Health and Age Care

Question

Answered

Task:

Part 1 - Capital Investment Decisions

The ABC Hospital is considering the purchase of a new item of medical equipment. The decision has come down to a choice between Machine A and Machine B. Machine A has a cost of $120,000 and has an expected economic life of five years, after which it has a no scrap value. The cash flowed income for the next five years from this machine are $45,500, $44,000, $42,000, $40,000 and ($5,000). Note: ($5,000) is the same as to -$10,000.Machine B has an initial cash outlay of $110,000 with an economic life of five years and no scrap value. The cash flowed income from this machine are expected to be ($8,000), $33,000, $46,000, $60,000 and $65,000.

ABC Hospital requires an Internal Rate of Return of 13%. It also prefers projects that pay for themselves within three years. The cost of capital of 10%.

1. Evaluate the relative merits of these machines using:

a) The actual (or nominal) cash flow

b) The payback period (PP)

c) Net present value (NPV)

d) Internal rate of return (IRR)

2. Which machine is the better investment? Explain your answer and your preferred method of evaluating the investment merits of these machines. 

Part 2 - Financial Statements and Analysis

To access the Barwon Health Annual Reports, please refer to attachments to Assignment 2 on LO. Use the Barwon Health Annual Reports

1. Compare the ‘financial summary’ (pages 18-19) to the ‘Financial Statements’ (start at page 49) reported in the Barwon Health Group’s 2018-19 Annual Report. Which set of information did you find most useful and why?

2. Using the 2018-19 annual report compare the 2018 and 2019 comprehensive results for the parent entity reported in the Comprehensive Operating Statement for the financial year ended 30 June 2019 (page 49). Please ensure your comments are brief, concise, and to the point.( Hint: Vertical and Horizontal analysis may be helpful)

What other information would be useful in providing context for the financial outcomes? Is this information available in the annual report?

3. Construct a graph to show the following trends (for Revenue, Expenses and Patient WEISS Activity) from the Barwon Health Annual Reports2013-14 to 2018-19: (Note you will need to complete the following tables for Revenue, Expenses and WEISS Activity). Interpret the Graph.

4. Using the information gained in Question 3, discount the combined expenses (Employee Benefits + Non Salary Labour Costs + Supplies and Consumables + Other Expenses) using one of the following indexes (source ABS (2019).

Year Melbourne

Health Index All Groups CPI

Jun-2011 99.4 99.2

Jun-2012 103.0 100.4

Jun-2013 109.3 102.6

Jun-2014 114.5 105.9

Jun-2015 120.3 107.1

Jun-2016 126.1 108.6

Jun-2017 131.1 111.0

Jun-2018 135.6 113.8

Jun-2019 139.2 115.3

5. Create a new graph incorporating nominal expenses, discounted expenses and total WEIS patient activity for each year. (Hint: a single graph, use both the primary and secondary y axes.)

• Why discount the expenses?

• Which index did you choose and why?

• Does discounting the expenditure alter your interpretation of the past expenditure and activity (compared to question 3)?

6. What other performance indicators (e.g. KPIs – page 42-44, 2018-19 Annual Report) may be useful to measure? Why?

Part 3 - Health Care Funding Models

These are short answer questions (e.g. 2 or 3 paragraphs) and not essay questions. While dot points can be used where appropriate (e.g., for lists), formal sentence structure and grammar are expected.

1. Describe activity based funding as it is applied in the Australian health sector.

2. What is the role of the Independent Hospital Pricing Authority in activity base funding?

3. Is it reasonable to assume that the (average) National Efficiency Price should apply equally to all states within Australia? Outline the assumptions which support your answer.

4. Casemix funding relies upon the average length of stay. Describe the problems of using the average length of stay for funding purposes? 

HLTH5193 Financial and Economical Management For Health and Age Care

Answer in Detail

Solved by qualified expert

Get Access to This Answer

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

22 More Pages to Come in This Document. Get access to the complete answer.

MyAssignmenthelp.com functions as one-stop solutions of all types of assignment related queries. Expert writers associated with MAH deliver assignment help online in the fastest way possible. With assignment writing help, we have different teams of editors who provide assignment editing and proofreading assistance as well. For students who often wonder, who can do my assignment online or search the internet with the search term like write my assignment online, we provide one stop answer to all their assignment related issues. For our extensive range of services, students prefer to buy assignment from us at cheap rates.

More HLTH5193 HLTH5193 Financial and Economical Management For Health and Age Care: Questions & Answers

Q
icon

We aren't endorsed by this University

Accounting For Income Tax

!"#$%&'()*+((%#,-../ 01123453%1.67.689+%:)*8*,)8/%;+7.69)*()( 3?3?%[email protected]%3 !""#$%$ &'()"*$+ ,,-.++%$ ,//*012(13$4*5$61/*7"$89: ;5< ;(91"$=9>*539 !?92$)*$2?"@"$/*7A91("@$?9B"$(1$/*77*1C !"#$%&'$&'()*+$,,'-&.*+/0$&.%&1'(2'%&3(4*'0$5'%&' 06*'2%&$&3%$,'/0$0*4*&0/'78%.*('!9 :";&.*+/0$&.'06*'1*&*+$,' ...

View Answer
Q
icon

We aren't endorsed by this University

MGT 2205 Advance Financial Accounting

Do a basic statement of financial position and an income statement for Pirate, Sailor and consolidated for October, November and December for the transaction in paragraph 1.Explain the idea of separate legal entities, but one economic entity for consolidation. Explain in terms of historical cost, re ...

View Answer
Q
icon

We aren't endorsed by this University

Investments in Associates and Joint Ventures

!"#$%&'()*+((%#,-../ #,-../%.0%1,,.'*2)*3 14456786!""#"#!""# $%&'()*+ ,-!"#$%&'(')*#+$,'%-'.//%01*#,/'('2%1"#'3,"#+$,/ ./)0&1*$2*345(678(476*&4*966)1&:7(6*;*(6 ?&:4(*@:A)>B: %&'()*+.6*C(:>4&4B*D=71)8(6 !"#$%&'()*+,%-./%,*-01/%23%*4425+*-/4%*,6%72+,-%8/,-01/4 !"9$%:+45044%-./%52,5/(-4%23%4+;,+3+5*,-% ...

View Answer
Q
icon

We aren't endorsed by this University

ACC00716 -Finance

FINANCE FINANCE REPORT 1 Contents A. Cash flow analysis ................................ ................................ ................................ .......... 2 B. Ratios: Tassal Group ................................ ................................ .................. ...

View Answer

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

Choose Our Best Expert to Help You

icon

5% Cashback

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

screener
ribbon
callback request mobile
Have any Query?