PSY497 Saint Petersburg Mod 8 Substance Abuse Prevention Intervention & Treatment Discussion
Question Description
Prevention, Intervention, Treatment
Substance abuse module8
Posted by Jaclyn
While self-help groups are successful in deterring the person away from drugs by acquainting them with others who can relate to their struggles, more professional help seems to be the most successful in terms of long-lasting effects. I believe that self-help groups are extremely important for the addict to develop meaningful relationships rather than going back to the same crowd of people. To effectively prevent further substance abuse and addiction though, professional help is needed to pinpoint WHY the addiction happened and what triggers the addict to want to use. Many times, addicts have many underlying mental illnesses or triggers that they must work through to understand what makes these triggers engage. As a society, I think we need to be more understanding about addiction and the proper course of treatment needed to rehabilitate. By being more accepting of the recovery of addicts, more people will reach out for help because they know that they are not being ostracized for their addiction.
Module 8
Healthcare Finance
Posted by Matthew O
Companies monitor and maintain any and all financial statements daily for internal and business management practices. With an overall better understanding of an organization’s financial standing companies can control cost and spending without harming the company along with providing a benefit to the company in general. All financial statements within a company are a way in which the organization records all critical activities within the organization (Kenton, 2019). Financial statements can help both internal and stakeholders to comprehend better and understand the financial quality, aspect, and health within the organization (Kenton, 2019). All financial statements benefit an organization on current, past, and future performances (Kenton, 2019). Regarding financial statements, the statements are centered around a balances sheet, an income statement, and a cash flow statement of the company (Kenton, 2019). There are three crucial techniques of a financial statement they are the horizontal analysis, vertical analysis, and ratio analysis (Kenton, 2019). Concerning a comprehensive financial statement analysis, the review uses multiple years of data to create a horizontal analysis (Kenton, 2019). With the vertical analysis, different categories influence the results (Kenton, 2019). The ratio analysis can be used to isolate performance metrics with each statement in bringing together data points across the statements collectively (Kenton, 2019). Even though a financial statement can be beneficial to an organization, there are also some issues and problems.
One of the drawbacks to relying on metrics from a financial statement analysis is that there is a lack of comparability between companies. There is a poor quality of comparison between two companies using financial ratios (Mohr, n.d.). Another drawback is that there is no indication of the cause of changes (Mohr, n.d.). With there being a no measurement of management quality, there is a lack within metrics found from a financial statement (Mohr, n.d.). And lastly, ratios found within financial statements are based on book value (Mohr, n.d.).
Financial statement analysis allows for organizations to understand how their financial health is within the organization. Even though a financial statement analysis proves to be beneficial, they can provide organizations with some drawbacks. All organizations must consider several aspects when dealing with financial analysis
References
Kenton, W. (2019, July 6). Financial Statement Analysis. Retrieved from https://www.investopedia.com/terms/f/financial-sta”¦
Mohr, A (n.d.) What are Some of the Problems Associated with Using Financial Ratios? Retrieved July 6, 2019 fromhttps://smallbusiness.chron.com/problems-associate”¦
Thinking
Strategic Thinking Mod 8
Posted by Michelle G
The two process that would be implemented in the HCO faciality to encourage strategic thinking are mentoring and reward. Mentoring will be needed throughout the whole process to help teach different aspect of the process and planning. Mothing quest speakers that could relate and introduce new plans and process will encourage the staff to try different plans. At these lectures blending in of the strategic plan in place will connect the dots of how to blend these ideas into daily work with the plan we already have in place. With each plan we are going to have a goal to be reached. Once that goes is reached rewards to the team to show our appreciation of the hard work and time put into the plan would be welcomed by all. This will also provide encouragement to follow the next plans and goal. Instance work knowledge combined with strategic thinking talents will build the high quality and well-rounded leaders for your organiza