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.