skip to Main Content

FILL OUT ORDER NOW FORM

MAKE A PAYMENT

WRITER BEGINS WORKING ON ORDER

QUALITY CONTROL CHECK

DOWNLOAD COMPLETED ORDER

This discussion cover the “C” in the POLC model.

Get Help With Your Essay

"Place your order now for a similar assignment and have exceptional work written by our team of experts, guaranteeing you A results."

Place Your Order Now

 

this discussions cover the “C” in the POLC model. Although control can be realized through policy, procedures, codes of conduct, and ethics, the control of finances is essential to sustainability of a business.
Read the scenario and respond to the discussion question.
Scenario: Your best friend works for the In-Home Health Provider Company (IHHPC) in Palm Beach County, Florida. Your friend comes to you and explains that the IHHPC wants to expand the next year to Broward County and Dade County.

Your friend explains the company is dealing with a cash flow problem, and if it is not figured out over the next 6 months, the IHHPC will not meet the asset requirement for the expansion loan. IHHPC revenue:
80% private pay patients
10% health insurance
10% long-term-care insurance policy

Process at IHHPC: Your friend explains this is how the IHHPC works. Say a patient called in and requested a nurse for 8 hours a day, 7 days a week, starting the next day. The company would send the nurse the next day, then bill the patient on a weekly cycle. The IHHPC would mail a statement to the patient at the end of the first week of service.

By the time the patient would get around to writing a check and mailing it back in to the IHHPC, sometimes the company would not receive payment for 6 to 8 weeks. The company would be paying the nurse weekly although not receiving payment for services yet.
What would you advise your friend and why?

Place Your Order Now

 

WHAT'S INCLUDED IN OUR ESSAY WRITING SERVICES

300 WORDS PER PAGE

To give you the best value for your money, we use a standard 300 words per page – up to 50 more words per page than other essay writing companies!

PLAGIARISM-FREE

All of our assignments are originally produced, unique, and free of plagiarism. All assignments go through plagiarism-detection software tools via a secure website before they’re sent to you.

FREE REVISIONS POLICY

If you want any changes made, it’s not a problem! Our comprehensive free revisions policy allows you to request a revision within (5) days at no extra charge.

24/7 SUPPORT

We have a team of friendly, helpful customer support staff who work around the clock, and are available to answer your questions or concerns 24/7, day or night.

Customer Testimonials