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When you think of lessons that a father would teach their children, what do you think? Fairness? Kindness? Competition? Not only did my father teach me the life lessons every father teaches their daughter, he taught me entrepreneur business in health care fiance.
It all started quite recently. My father works all the time so I was naturally quite curious as to what he did. The first thing I learned about business was that numbers were essential. I also had to understand that numbers weren't just numerical values. They all stood for different objects. For instance, a cod "A187956" could mean that a pregnant woman died in childbirth and that the child is eligible for Medicare or Medicaid. It was extremely hard to look at a page full of numbers and attempt to translate without going insane.
The next step in my home-schooled business education was making Excel and Powerpoint documents. I despised Excel but I now know how to make charts. Powerpoint, on the other hand was my favorite computer program for a long time. It was learning about Powerpoint which really made me understand the incredible importance of good presentation and first impressions. Though I still can't give a good verbal presentation to save my life, I still know the general basic's of a good presentation.
I started to move onto helping my father scanning and making binders of Medicare information. Even though I unconsciously knew organization is also one of the key components or business, it was more or less worked into me.
The next part I learned was a very hard topic for me to absorb, employers and employees. It was always sad when my father fired another employee. However, it was essential to realize that even if people are very nice, it doesn't matter in a work environment. What matters is people's ability to meet a deadline and the quality of the work.
For my father's specific business, I learned an equation
The amount of inpatient days supported by Medicare / The total amount of inpatient days in total + the amount of inpatient days supported by Medicaid / the total amount of inpatient days in total = Threshold (generally 15%). My dad told me that hospital's had to reach the threshold, the government gave you the first part of the equation but it was usually wrong. So in essence, my father's job was twice as hard as it was supposed to be. My father has taught me many useful skills in business and in the world, I will never forget it.
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