Provide Working Capital Options

PART 1

Imagine that you are the Executive Director for NCU Ambulatory Surgery Center (NCU ASC). NCU ASC has been faced with increasing competition by other ASCs. In most cases, healthcare organizations compete to attract more patients, and do so by advertising their variety of services and quality of care provided. This has reduced volumes and the payer mix has also deteriorated, with both below budgeted levels. Additionally, year-to-date expenses have also been unfavorable. As you review your projected cash inflows from patient revenues you conclude that you have only 75% of what you need to pay staff salaries and supply vendors. In an executive summary, suggest at least three options to address the 25% short fall in revenue. Specify the legal and ethical implications of your options. Thereafter, select one of the three options you suggested above as your preferred choice forward and explain why you chose that option over the others.

Length: 1-2 pages, not including the

Create a Presentation to the Board on Managing Cash Flow and Revenue Streams

PART 2

Imagine that you are the CFO for NCU AMC. The CEO and Board have been very pleased with your performance, but after a recent meeting, several members of the Board had additional questions. As a result, the Board Chair asked that you conduct a presentation at the next Board meeting to explain the concepts of managing cash flow and revenue streams. Be sure to also address both the ethical and legal considerations in addition to the financial concepts and management principles in your presentation.   

Using the Executive Summary from above, create a brief PowerPoint presentation that applies the below concepts of managing cash flow and revenue streams to your plan. If you feel a concept does not apply, justify your reasoning why it would not. Further, address any legal and ethical issues you may see in the plan, as the Board may likely question these.

· Daily Operations

· Current Assets

· Short-term Debt

· Current Liabilities

· Working Capital

· Revenue Cycle

· Cash Flow Analysis 

Incorporate appropriate animations, transitions, and graphics as well as speaker notes for each slide. The speaker notes may be comprised of brief paragraphs or bulleted lists.

Length: 5-7 slides, not including the title page, reference page, and appendix; and detailed APA-formatted speaker notes are required for each slide.