HCM5001: Fundamentals of Health & Care Finance - Management Assignment Help

Assignment Task

Assignment Brief

As part of the formal assessment for the programme you are required to submit a Fundamentals of Health & Care Finance assignment. Please refer to your Student Handbook for full details of the programme assessment scheme and general information on preparing and submitting assignments.

On successful completion of this module students will be able to:

1. Explore and evaluate the financial environment under which health and social care services are provided.
2. Explain the accounting process to prepare financial statements in healthcare and analyse the role of the finance function in a healthcare organisation.
3. Interpret financial statements in healthcare and evaluate financial information for the management of healthcare organisations.
4. Determine how to prioritise and evaluate investments in healthcare by applying tools to assess their financial viability and their benefits/costs for the population of interest.
5. Graduate attributes: Professional Skills Students will perform effectively within the professional environment. They will work within a team, demonstrating interpersonal skills such as effective listening, negotiating, persuading and presentation. They will be flexible and adaptable to changes within the professional environment

Assignment Tasks

Task 1: Learning Outcome 1

a. Outline the recent developments in the financial and legal/regulatory environment of health and social care service delivery.

b. Considering the usefulness of 3 alternative funding options, to draw a conclusion on what the best form of funding would be for the health and social care sector.

Task 2: Learning Outcomes 3 & 4

a. Review the financial statement for BUPA Group and determine the profitability of the business.

i.  Calculate and analyse the Return on Equity (ROE) (Du Pont Analysis) for 2021 and 2020.

ii. Explain how Du Pont Analysis could be used in decision making. Is this business viable business in this case?

Industry Average for Healthcare

Sector ROE: 11.6 %

Debt Ratio: 35%

b. BUPA has two possible mutually exclusive service offerings. The Finance Manager projected the following investment information. The company's cost of capital is . Evaluate these investment options with Net Present Value (NPV) and Internal Rate of Return (IRR) techniques. Explain what each of these values mean and make a recommendation on which option the company should invest in, justifying this decision.

Task 3: Learning outcomes 2 & 3

Assuming the role of a financial advisor, write a briefing report to the board of directors of the BUPA Group to cover the following:

(a) Explain the process to prepare financial statement.

(b) Determine the Debt Ratio and include a statement on the solvency position of the company.

(c) Critically appraise the role of the traditional finance function for healthcare organisations.

This HCM5001-Management Assignment has been solved by our Management Experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing Style. Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered.

You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turn tin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.