Financial Statements in Healthcare Organizations essay assignment
Financial Statements in Healthcare Organizations essay assignment
Description
Analyzing financial statements helps healthcare leaders determine the opportunities and problems the organization faces financially. At its core, the financial statement is a pulse of the financial health of the organization, defining whether it is capable of paying expenditures, overburdened with debt, or flush with capital to expand. There are two primary methods of financial statement analysis: horizontal and vertical. Other methods are extensions of these.
Financial Statements in Healthcare Organizations
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To prepare for this Discussion:
Identify one example of an event that has changed the operations of your organization or an organization with which you are familiar with. If you are not currently working in a healthcare organization (HCO), you may choose a case study from a reliable source from which to work.
Review this week’s Reading and Learning Resources.
Post a cohesive response to the following:
List the primary financial statements used in a typical healthcare organization. Assess horizontal and vertical financial data analysis and its role in helping healthcare leaders assess the financial and business considerations for long term financial viability.