Analyzing Fiancial Indicators

Analyzing Financial Indicators for ratiocination Making Shana Pardue HCS/405 September 26, 2011 David W. Catoe Analyzing Financial Indicators for Decision Making In health care it is pertinent that organizations continually access operations and finances while striving to master and maintain the attribute health care requirements as headspring as some(prenominal) expectations. Elijah Heart Center (EHC) is a 140 rump cardiac care hospital that is based in sassy York and is confront increased patient volume but rock-bottom profits. EHC is in danger of not acquiring enough hard currency to grow itself if thither is not a long and short solution offered to ease the cash flow situation, modernize the hospital, and purpose an elaboration plan. EHC is not alone in their require as galore(postnominal) hospitals face these same problems. This is evident in the statement arrogance in Modern Healthcare, The hospital industry faces labor shortages and annoy in obtaining capital (Galloro, 2003, p. 1). To try to resolve these issues, EHC has chosen senescent consultant Shana Pardue from Huber and Guizot accounting firm to develop and implement the raise inevitably as well as future ineluctably. The items that Shana needs to address within a two-year time sit are capital shortage, funding options for equipment acquisition, and funding options for capital expansion.

This discredit emergeing be a challenge but Shana is positive with the advice of her coworkers and the EHC squad the best decisions for Elijah Heart Centers financial crisis leave behind be reached and implemented. Capital Shortage ! Elijah Heart Center explained to Shana that there is a working capital shortfall. This requires Shana to look for the best scheme to change cash flow as soon as possible. alter the cash flow will only dislodge through cutting costs and the best option is to shine out a loan to cover the immediate financial needs of EHC. The Chief Executive Officer (CEO) of EHC, Gilbert Sanchez has lap a $900,000 target cost savings for the first year. Shana...If you urgency to get a full essay, order it on our website: OrderCustomPaper.com

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