Regardless of where your health care career takes you, finance is an important part of the health care system. Finance might not be your professional calling, though it is important you have a working
HCS/385 v6
Financial Terminology and Stakeholders Worksheet
In the Terminology Table, explain each of the following terms provided in the Terms column in your own words in the provided Explanation of Term column.
Support your explanation using your textbook or other references. Cite all references according to APA guidelines and provide the reference in the APA Reference column. References are required to earn full points for this assignment.
Note: This portion of the assignment is worth 45 points total: 2 points for each explanation and 1 point for each reference.
Terminology Table
Item Number | Term | Explanation of the Term | APA Reference |
Time value of money | Enter your response. | Enter your response. | |
Efficient market | Enter your response. | Enter your response. | |
Primary versus secondary market | Enter your response. | Enter your response. | |
Risk-return tradeoff | Enter your response. | Enter your response. | |
Agency (principal and agent problems) | Enter your response. | Enter your response. | |
Market information and security prices and information asymmetry | Enter your response. | Enter your response. | |
Agile and lean principles | Enter your response. | Enter your response. | |
Return on investment (ROI) | Enter your response. | Enter your response. | |
Cash flow and a source of value | Enter your response. | Enter your response. | |
10 | Project management | Enter your response. | Enter your response. |
11 | Outsourcing and offshoring | Enter your response. | Enter your response. |
12 | Inventory turnover | Enter your response. | Enter your response. |
13 | Just-in-time inventory (JIT) | Enter your response. | Enter your response. |
14 | Vendor managed inventory (VMI) | Enter your response. | Enter your response. |
15 | Forecasting and demand management | Enter your response. | Enter your response. |
Identify 5 stakeholders in the health care payer system and provide them in the Stakeholder column of the Stakeholders in the Health Care Payer System Table.
Describe each stakeholder in the Description column using 1 or 2 sentences.
Note: This portion of the assignment is worth 5 points total (1 point for each stakeholder and its description).
Stakeholders in the Health Care Payer System Table
Item Number | Stakeholder | Description |
Enter your response. | Enter your response. | |
Enter your response. | Enter your response. | |
Enter your response. | Enter your response. | |
Enter your response. | Enter your response. | |
Enter your response. | Enter your response. |
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