Overview
A good financial strategy can always be improved. Having knowledge of your organization’s finances provides the leverage to make decisions that affect the outlook and goals of the company. This assessment allows you to examine company practices from a financial lens, which provides you with insight into what drives financial decisions for a health care system.
Access the HCA Healthcare, Inc. Financial Statements and use the income statement and balance sheet information as you prepare your report.
Write a 1,050- to 1,400-word report on the major trends in your organization’s expenses and revenues in which you:
- Analyze any trends in expenses and revenue you see for the past 3 years in terms of gross profit, operating expenses, and operating income.
- Explain how this organization can curtail expenses without compromising services and quality of care.
- Interpret how your organization’s reimbursement strategy can be improved to increase revenue. If it can be improved, what would it be, and how would it be implemented? If it cannot be improved, what would you recommend if your organization cannot increase its revenues?
- Calculate the current ratio (Hint: current assets ÷ current liabilities) for the past 3 years by reviewing the data in the balance sheet. What can you conclude on the trend of the liquidity of this organization? Is it positive or negative? Explain.
- Recommend how General Hospital can use this financial performance analysis from HCA to build its brand by optimizing financial performance without compromising quality, patient satisfaction, or patient safety.
Cite any references according to APA guidelines.
Choose any health org in NYC and answer the questions as a report
No AI is accepted please attach turtin report