Discuss the meaning of ratio analysis in healthcare

Question # 00768444 Posted By: dr.tony Updated on: 06/30/2020 11:10 AM Due on: 06/30/2020
Subject Education Topic General Education Tutorials:
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Write a 4-6 page paper in which you discuss the value of ratio analysis in decision making for health care organizations. Complete the following in your paper: 

Discuss the meaning of ratio analysis in healthcare.

 

Pick only one (1) ratio from EACH major group from the financial statements. (e.g. Current ratio, ROE, Debt to equity, ALOS)

  • Major Groups:
    • Liquidity ratios (Current ratio, Days Cash-on-Hand, Quick Ratio)
    • Profitability ratios (ROE, ROA, Total Margin, Operating Margin)
    • Leverage/Capital Structure Ratios (Debt ratio, Equity ratio, Debt to Equity Ratio)
    • Nonfinancial Ratios (Occupancy rate, payer mix, ALOS, Expense per discharge, FTE per bed, HMO penetration)
    •  

For each ratio you picked, answer the following questions on that ratio:

  •  
    • What is the meaning of each ratio?
    • Evaluate the meaning of the ratio related to the financial health of the health care organization. Show the calculations.
    • Explain the factors that affect the results related to the financial health of the organization. 

Format your paper consistent with APA guidelines.

Provide a minimum of two (2) cited sources in your paper. 

Properly cite in APA format.

 

This is due tomorrow by 3pm EST.

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