Financial statement management is an essential process for healthcare organizations. The challenge for operational leaders is interpretation of financial statement performance.

Select a hospital that publicly displays their financial performance on their website. In a 10-12 slide PowerPoint Presentation address the following requirements:

  • Describe the Profit Loss Statement:
    • Review top revenue items
    • Review cost comparison compared to previous year
    • Provide your interpretation of the statement – how well is the organization.
  • Balance Sheet Review:
    • Review Assets
    • Review Liabilities
    • Describe the financial health of the balance sheet
  • Review Financial Ratios Calculations
    • Current Ratio
    • Debt-to-equity Ratio
    • Working Capital Ratio
  • Make a recommendation to lease or finance the capital item. Please support your decision with financial data.

Your presentation should meet the following structural requirements:

  • Be 10-12 slides in length, not including the title or reference slides.
  • Be formatted according to APA writing guidelines.
  • Provide support for your statements with citations from a minimum of 12 scholarly articles. These citations should be listed in the Notes section of the slide in which they appear.

Each slide must provide detailed speaker’s notes to support the slide content. These should be a minimum of 100 words long (per slide) and must be a part of the presentation with citations. The presentation cannot be submitted in PDF format, which does not make notes visible to the instructor. Notes must draw from and cite relevant reference materials.

Requirements: in depth   |   .doc file

You can use the financial statement for the below hospital

https://hmg.com/ir/en/lists/reports_publications/attachments/41/annoual%20financial%20statements_en.pdf

Healthcare innovation can be as simple as changing a form to check out a patient five minutes faster or as complex as an immunotherapy that targets specific types of cancer cells. Any developments, simple or complex, that lead to improvements in health outcomes and patient experiences are healthcare innovations.

Right now, the healthcare sector is facing many large challenges, such as stringent regulations, privacy concerns and steeply rising costs. Many leaders and healthcare professionals are turning to new technologies and informatics to develop smarter types of healthcare delivery.

These innovations are important because as networks of people and technology become more interconnected, healthcare organizations are going to need better tools for solving health challenges at larger scales. The COVID-19 pandemic in particular has demonstrated there is a strong need for better data systems and information exchange (link resides outside of ibm.com) between healthcare systems, governments and other organizations. The quick shift to telehealth services during the pandemic also showed that even an industry as stringently regulated as healthcare can innovate rapidly.