MHA 612 Week 1 – Assignment: Ownership Forms of Health Care Organizations

MHA 612 Week 1 – Assignment: Ownership Forms of Health Care Organizations
MHA 612 Week 1 – Assignment: Ownership Forms of Health Care Organizations
Review Chapter 1 of your course text and formulate a response to the following topic:
You are an external consultant with 10 years experience in your field. Fifty doctors are trying to get together to form a health care organization, and they come to you for suggestions on developing the ownership form for the organization. It is your job to advise them on what common ownership forms are available for the organization and provide an example of each. Additionally, you must discuss the following:
The advantages and disadvantages of each ownership form.
The ownership form would you would recommend as being most appropriate for this particular organization as well as why it is the most appropriate.
Your paper must include an introduction, thesis, and conclusion. Your paper must be four to five double-spaced pages in length (excluding title and reference pages) and formatted according to APA style as outlined in the Ashford Writing Center. Utilize three scholarly and/or peer-reviewed sources that were published within the last five years. Cite your souces within the text of your paper and provide complete references for each source used on the reference page.
Carefully review the for the criteria that will be used to evaluate your assignment. Assignment: Ownership Forms of Health Care Organizations
Professional Organizations
Welcome to your MHA course! Many of you may be new to the healthcare field; others may consider yourselves experts in a healthcare area. Regardless of where you are in your career, networking with other professionals is very important for many reasons. Networking can help you solve problems that you may be facing in your job, offer resources for solutions to many challenges, provide career opportunities, establish friendships for life, and so forth.
In case you have not had an opportunity to join a professional organization, faculty in the MHA program have compiled a listing of organizations with which we have experience, as well as others that are prominent in the healthcare field. Please take time to review the benefits, particularly as a student, since many have free or reduced membership fees.
Name of Professional Organization URL/Website
Academy of Management (AOM)
American Association of Healthcare Administrative Management (AAHAM)
American College of Healthcare Executives (ACHE)
American Health Information Management Association (AHIMA)
Association for Healthcare Administrative Professionals (AHCAP)
Association of Hispanic Healthcare Executives (AHHE)
Healthcare Financial Management Association (HFMA)
Institute for Diversity in Health Management (IDHM)
Listing of all Professional Health Organizations
Medical Group Management Association (MGMA)
National Association of Healthcare Access Management (NAHAM)
National Association of Health Services Executives (NAHSE)
National Center for Healthcare Leadership (NCHL)
Professional Association of Health Care Office Management (PAHCOM)
MHA 612 Week 1 – Post Your Introduction
Your introduction is due on Day 1 (Tuesday). You have until Day 7 (Monday) to respond to your peers.
Discussion Participation
If you do not see the “Reply” button, or any responses, you may need to scroll down the page.
When you are the first to contribute, you will see only the “Reply” button.
Once you have added your initial post or response, choose the “Post Reply” button.
If any classmates have posted, you will see their comments, along with the “Reply” button.
The “Reply” button – as well as any responses – will be displayed at the bottom of the page.
Post Your Introduction
Post a brief introduction on the first day of class. This discussion is your opportunity to become acquainted with class peers and the instructor and to begin to develop community for the class, which will enable you to have deeper and more engaging conversations throughout the other discussions in the course. Although you may already be acquainted with class peers and your instructor, this class is unique in that some of you have not met previously and have not experienced this class together in this particular group composition. Therefore, consider this discussion your opportunity to develop connections with peers and your instructor that can expand and enrich your developing professional learning network, which will serve you well in and beyond your degree program for support and inspiration in your area of professional practice. In your initial post
State your full name and, if applicable, any preferred name (e.g., nickname).
State your location (i.e., the city or state where you live)
State which program you are enrolled in and, if applicable, your specialization.
State which course you last completed and the most significant thing you learned from that course as it relates to your degree focus and/or professional practice.
Review each weekly homepage in our course taking note of the assessments assigned for each week. Then, describe the assessments you are most excited about completing and why.
Review the course learning outcomes. Then, summarize what you already know about the course topics in relation to those outcomes.
Think about how the topic of our course is related to other courses you have taken and your life experiences. Summarize how you think this course can support your professional practice in your chosen field now and/or in future anticipated practice.
Guided Response: Respond to at least three of your classmates’ posts. In your replies, ask questions of peers about specific comments from their responses to encourage further conversation and learn more from one another. Consider which assessments your peers are most excited to complete and their reasons why. Ask questions that promote continued conversation about these assessments. Additionally, consider what your peers know about the course topics and how they think the course will support their professional practice. Ask questions to gain deeper insights about their existing knowledge and plans for application. Though three replies is the basic expectation in this discussion, for deeper engagement and community building, you are encouraged to provide responses to questions others have posted for you to further the conversations. Doing so will give you opportunities to network and get to know your instructor and peers for more optimal engagement in the coming weeks!
My name is M. G and I, live in Indiana. I received my BA in Gerontology, and I am working on my master’s for Healthcare Administration. My last class was MHA605: Business Intelligence (MHA1845A) which went in detail on how to understand statistics and applying analytics. We then took that information and tried to use that to help us in our career or future career. When you are trying to show others why something should be changed or doing it a different way would make it better, you must show facts to support your goal. You want to show your facts through graphs or other visual aid. I think the week four will be useful for where I am in my career now. Right now, I am the scheduler and central supply person for a nursing home facility and becoming more professional in my skills and having better organizational skills to do my job better. Week four is Strategic planning and financial planning and how they work together.
Looking at the outcomes from each week assignments there will always be something you can learn from each section. We know that any organization to be successful must be financially stable and to be able to put improvements in an organization you must have income coming back into the facility. Laws and regulatory issues set a certain standard for how things should be done, and as an organization, you always want to be better than average. Then you also have the ACA which helps ensure that people who may not usually be able to avoid proper health care can receive care as well. Week three is the general principles of accounting and making the right decisions. Being successful in an organization means knowing how to budget and have management control. Week five outcomes may also be a new learning experience because of the calculations of breaking even, the appropriate cost evaluations of making sound management decisions. I think this class will be a big learning step into my future goals.
On a side note, I love being able to be with my family and with my youngest being 18, our fur babies are very important to us. We look forward to being capable to making time to do things that we enjoy doing more often and being able to have and go on a real vacation from life responsibilities, and I am sure there will be many things I will learn and take from this class.
Required Resources
Required Text
Cleverley, W., Song, P., & Cleverley, J. (2011). . Sudbury, MA: Jones & Bartlett. Retrieved from
Chapter 1: Financial Information and the Decision-Making Process
This chapter discusses the importance of finance and financial information in healthcare organizations, explains the users and users or financial information and summarizes the common ownership forms of healthcare organization.
Chapter 2: Billing and Coding for Health Services
This chapter focuses on revenue cycle including medical coding, charge masters, two major bill types and the role played by claims editing.
Chapter 3: Financial Environment of Healthcare Organizations
This chapter discusses factors influencing the financial viability of a healthcare organization such as financial environment, major reimbursement methods and describes major aspects of Medicare benefits along with Medicare reimbursement methods to major types of providers.
Navigate Simulation
Jones & Bartlett Learning. [Access Code]. Sudbury, MA: Jones & Bartlett Learning.
Recommended Resources
. (n.d.). Retrieved from
This web page includes questions that will help give you information that describes how the health care law works for you and your family.
Textbook PowerPoint Presentations
. (n.d.). Retrieved from
. (
This website directs students to Health care Financial Management Association which contains current events, publications, policies and issues that will benefit students in this course.
Pulley, J. (2008, November 13). . Retrieved from

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