Health & Medical Question

There are two parts to this assignment. In total, the assignment should be 750-1000 words. FollowAPA formatting using subheadings for each question. Part One Answer the following questions using specific details: 1. What are some of the constraints to hospital revenue? How would knowing these constraintshelp inform overall operations of the hospital? 2. What are three key financial statements that business managers should be aware of, andhow are they related? 3. Why do organizations have their statements audited? What assurance(s) does it provide? 4. Using the income statement and balance sheet examples provided in Chapter 3 of thetextbook, calculate the return on capital in 2019. How would knowing the return on capitalhelp inform overall operations of the hospital? 5. Compare and contrast the incentives to health care providers under a fee-for-servicereimbursement mechanism versus a prospective payment mechanism. Part Two Health plans. 1. Research the health care plan provided by your employer. Describe five limitations that theplan does not cover. 2. Describe how you would add one of these limited items to the health plan. For example,what data would you need, who would you talk to and when? 3. Create a timeline for implementation of the new covered benefit in the plan.

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