Assessment #4: Ratio Analysis
Exercise sound business and financial management principles in healthcare settings through process mapping and strategic planning
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)
Discuss one (1) ratio (from EACH major group) using the following criteria:
Explain the factors that affect the results related to the financial health of the organization.
You can also utilize the sample Help4UHMO Organization financial statements or a real-life health care organization to evaluate by researching their financial statements. Show relevant calculations.
Format your paper consistent with APA guidelines.
Provide a minimum of two (2) cited sources in your paper. Properly cite in APA format.