Discussion1: Cathy

Operational differencesbetween inpatient and outpatient health centers and hospitals are thatinpatient services require an overnight stay in a hospital, ambulatory surgerycenters, respite care, hospice care, and nursing facilities. Hospitals aregoverned by a chief executive officer (CEO) a board of trustees or board ofdirectors, and a chief of medical staff (Pozgar, 2014.) The CEO is responsiblefor the day to day operations of the hospital, and the board of trustees. Theboard of trustees are legally responsible for hospital operations. Theoperational staff within a hospital manages the nonmedical staff, both theoperational staff and medical staff collaborate so the institute runs smoothly.In addition to this, the medical staff has committees (Pozgar, 2014.) A credentialcommittee reviews and grants that allow privileges to physicians. A by-lawcommittee reviews changes and a planning committee supervises activities andcorrelate to the mission and vision. In turn, patient records are overseen bythe medical records committee. A utilization committee safeguards inpatientstays that are clinically appropriate. An infection control committee reducesinfections in hospitals and a quality control improvement committee which isresponsible for quality improvement programs (Pozgar, 2014.)

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Niles, N. J. (2018).Chapter 6: Inpatient and Outpatient Services. In Basics of the U.S. healthcare system (3rd ed., pp. 147-155). Burlington, MA: Jones & BartlettLearning.

Discussion2: Crystal

Inpatient services are servicesthat involve an overnight stay of a patient whereas outpatient services do not(Niles, 2015). Inpatient care tends to be directed towards more seriousconditions and trauma that require one or more days of an overnight stay at amedical facility (Wu, 2016). Patients must stay at the medical facility wheretheir procedure was done (which is normally a hospital) for at least one night.During this time, they remain under the supervision of a nurse or doctor.Outpatient services on the other hand, do not require a prolonged stay at afacility. This can include routine services such as checkups or visits toclinics (Wu, 2016). Outpatient services can also include more involvedprocedures such as surgical procedures, as long as they allow you to leave thehospital or facility on the same day as the procedure. Patients are free toleave the doctor’s office; outpatient clinic or hospital once the procedure isover. Sometimes, they need to wait while anesthesia wears off or to make surethere aren’t any complications. As long as there are not any seriouscomplications though, patients don’t have to spend the night being supervised(PBMC Health, 2017). Inpatient care is considered very expensive so over theyears hospitals have begun offering more outpatient services that do notrequire an overnight stay and are less financially taxing on the healthcaresystem.

References:

Niles, N. J. (2015). Basicsof the U.S. health care system. Burlington, MA: Jones & BartlettLearning.

The Difference BetweenInpatient and Outpatient Care. (2017, March 14). Retrieved March 30, 2018, fromhttp://www.pbmchealth.org/blog/difference-between-…

Wu, J. (2016, November 28).Inpatient vs. Outpatient Care and Coverage. Retrieved March 30, 2018, from https://www.valuepenguin.com/inpatient-vs-outpatie…

Discussion 3: Craig

1. Name ofCompany: Home Depot

2. Source ofInformation: https://www.sec.gov/cgi-bin/viewer?action=view&cik=354950&accession_number=0000354950-17-000005&xbrl_type=v#

3. I will beclosing on the sale of a house in south Florida next week. Prior togetting to closing I have been spending a lot of time at Home Depot (andLowe’s) getting supplies to work on the house. I thought it would beworthwhile to research a company that I have been giving a lot of money tolately. In addition, The Home Depot has also been traded on the Dow since1999. Researching a stock that factors prominently on the Dow Jones makessense.

4. Asset Turnover Ratio = Net Sales / AverageTotal Assets

=$100,904 / [($44,529 + $42,966) / 2)] (in$Millions)

=$100,904 / $43,748

=2.31

5. Home Depot’sAsset Turnover Ratio of 2.31 is very healthy. This ratio indicates thatHome Depot is producing $2.31 for every $1.00 of assets invested. Itshould be noted that the information to determine the ratio must be obtainedfrom both the balance sheet and income statement: the Net Sales areobtained from the income statement and the Average Total Assets are obtainedfrom the Balance Sheet.

Discussion4: Alex

The company Ichose to research is Starbucks. I chose to research this company because Ifrequently visit this store as I am shopping at Target. Here is the web addressto the information: https://www.sec.gov/cgi-bin/viewer?action=view&cik…#

Tocalculate the asset ratio turnover you need to divide the net sales by thetotal average assets.

InOctober 2017, net sales were (in millions) $22,386.80

Tofind the total average assets by dividing the current years assets by theprevious years assets

In2017 the total assets equalled $14,365.60 while in 2016 the total assetsequalled $14,312.50

14,365.60+14,312.50=$28,678.10

28,678.10/2=$14,339.05

$22,386.80/$14,339.05=1.56

Thistells us that Starbucks is producing approximately $1.56 of sales revenue foreach dollar of assets invested.

Note: Please read the discussion carefully and try to answer them about what they wrote, don't explain to them how the formula done or repeat what they said, just comment about how good points and how great job they explain it, thank you.