Analyzing Financial Indicators For Decision Making

Analyzing Financial Indicators for Decision Making Elijah Heart Center is a cardiac care hospital that provides services to a richly majority of the community. The Finance Department has reported that even though tax is rising and patient volume is growing the profitability is dropping. A financial consultant was brought into analyze the situation and propose recommendations for a turnaround of the Elijah Heart Center. During this feigning acting as the financial consultant hired to analyze financial indicators for decisiveness making and recommend elections best fit the needs of the organization. During this simulation introduced to me were survival of the fittests for choosing greet bully survivals to improve cash flow, and an appropriate loan option to support the cash flow problem. This gave me hands on operation to bridge a running(a) detonating device shortage topic. bordering I evaluated different funding options for acquiring medical equipment and the w oo utile equipment selections available. Finally, funding options for capital expansions of the investment time of the expansion mould are displayed with three different loan options for funding the jutting in which I had to choose the most effective. During mannikin integrity of the assignment a capital shortage is addressed.

Addressing the issue requires a choice between different damage disregardting situations and a loan option. I felt the following deuce cost cutting service options, also a loan option in which would be the best recommendations for affecting the working capital shortfall and the re venue and expenditure projections. I chose ! reduce sureness nursing staffing, changing skill mix, and then loan option two with 10 month pay off. diminution operation nursing staffing was selected because their wages are generally double that of a hospital nurses and reducing personnel will hugely cut down costs. This also gives the organization a disaster to measure these positions to determine their necessity. Changing skill mix by adding assistive...If you take to get a full essay, order it on our website: OrderCustomPaper.com

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