For this assignment, write an essay (1,000-1,500 words) that addresses the following: 1. Select a business unit within the health care industry that you currently work in or desire to work in:     Hos

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For this assignment, write an essay (1,000-1,500 words) that addresses the following:

1. Select a business unit within the health care industry that you currently work in or desire to work in:    Hospital    Nursing home    Health care clinic 2. Explain the various roles and structures in finance within your selected unit. Who makes accounting decisions? Why? 3. Explain the role of the nonfinancial manager in the selected unit. 4. How have government regulations, corporation rules, and accounting standards affected business unit you selected? 5. Lastly, explain why you are interested in the health care field and finance? What are your career plans for this program? This section maybe written in first person.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance.

Benchmark Information

This assignment assesses the following programmatic competency:

MBA Health Systems Management

MPA Health Care Management

MS Health Administration

MS Health Care Informatics

4.3: Analyze how components of the health care finance system interact with each other.

For this assignment, write an essay (1,000-1,500 words) that addresses the following: 1. Select a business unit within the health care industry that you currently work in or desire to work in:     Hos
Vendor Information Sheet You recently requested bids for a new MRI (magnetic resonance imaging) machine in for your radiology department. As a result, two vendors have submitted quotes based off the specs in your proposal. You anticipate the service life of this machine to be 10 years and that it should generate $600,000 per year at 50% capacity. To remove any potential for bias, your compliance department has provided the bids to you (below) and removed the name of each company. Bid: Company A Supply and install a 3T (3 Tesla) MRI scanner. Once bid is accepted, work will be completed in 90 days. Each day after 90 days incurs a $5,000 (a day) penalty. Warranty is for 2 years. Software upgrades for 1 year. Total cost: $3,650,000 Additional warranty: $150,000 (per year to year 5) Software upgrades: $50,000 (per year up to year 5) Bid: Company B Supply and install a 3T (3 Tesla) MRI scanner. Once bid is accepted, work will be completed in 90 days. Each day after 90 days incurs a $5,000 (a day) penalty. Warranty is for 4 years. Software upgrades for 5 years. Total cost: $4,400,000 Additional warranty: $75,000 (per year to year 10) Software upgrades: $25,000 (per year up to year 10) © 2020. Grand Canyon University. All Rights Reserved.

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