Analyzing Fiancial Indicators

Analyzing Financial Indicators for finish 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 execute and maintain the attribute health care requirements as surface as some(prenominal) expectations. Elijah Heart Center (EHC) is a 140 pick out cardiac care hospital that is based in wise York and is confront increased patient volume but fall profits. EHC is in danger of not acquiring enough cash to grow itself if in that respect is not a long and short solution offered to ease the cash flow situation, modernize the hospital, and talk over an elaboration plan. EHC is not alone in their require as galore(postnominal) hospitals face these same problems. This is evident in the statement trust in Modern Healthcare, The hospital industry faces labor shortages and get in obtaining capital (Galloro, 2003, p. 1). To try to resolve these issues, EHC has chosen gray consultant Shana Pardue from Huber and Guizot accounting firm to develop and implement the energetic inevitably as well as future demand. The items that Shana needs to address within a two-year time stupefy are capital shortage, funding options for equipment acquisition, and funding options for capital expansion.

This turn down emergeing be a challenge but Shana is positive with the advice of her coworkers and the EHC team the best decisions for Elijah Heart Centers monetary crisis testament be reached and implemented. Capital S hortage Elijah Heart Center explained to Sh! ana that there is a working capital shortfall. This requires Shana to look for the best dodging to change cash flow as soon as possible. alter the cash flow will only slip away through cutting costs and the best option is to pip out a loan to cover the immediate financial needs of EHC. The Chief Executive Officer (CEO) of EHC, Gilbert Sanchez has bunch a $900,000 target cost savings for the first year. Shana...If you compulsion to get a full essay, order it on our website: OrderCustomPaper.com

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