Complete the Financial Terminology and Stakeholders Worksheet (below) by defining the provided terminology in your own words and describing various stakeholders in the health care payer system.
HCS/385 v6
Terminology and Stakeholders
Define the following terms using your text, Course Strategy Guide, or other resources. Document all resources according to APA guidelines.
| Term | Definition | Resource Used (APA format) |
| Payback Method | ||
| Capital investments | ||
| Working capital | ||
| Risk-return tradeoff | ||
| Fee For Service (FFS) and Value-Based Purchasing (VBP) | ||
| Financing mix | ||
| Internal Rate of Return (IRR) | ||
| Return on investment (ROI) | ||
| Net Present Value Method (NPV) | ||
| Risks associated with capital projects | ||
| Forecasting and demand management | ||
| Inventory turnover | ||
| Just-in-time inventory (JIT) | ||
| Vendor managed inventory (VMI) | ||
| Time value of money |
List and describe at least five stakeholders in the health care payer system. ***Hint – Use your text reading.
| Stakeholder | Description (at least 50 words each) |
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