2008 Ratio (unaudited) 2009 Ratio (unaudited) 2008 Ratio (audited) 2009 Ratio (audited) Current Ratio Current Ratio Current Ratio Current Ratio $130‚026 Assets $8‚380 Liabilities 15.52 to 1 $128‚867 Assets $23‚807 Liabilities 5.41 to 1 $130‚026 Assets $8‚380 Liabilities 15.52 to 1 $128‚867 Assets $ 23‚807 Liabilities 5.37 to 1 Quick Ratio Quick Ratio Quick Ratio Quick Ratio $41‚851 $37‚666 $79‚517 / $8‚380 9.49 to 1 $22‚995 $59‚787 $82‚782 / $23‚807
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services for patient that require less invasive services and only require clinical services. Due to the organization stable inflow of patients‚ there has also been an increase with patient inflow‚ there still remains to be a lack of profits. In this paper you will understand the reasons for the choices of Chief Financial Officer Zachary Macholz with plans to present short and long term accomplishments for the organization finances. Financial Background EHC organization has managed to maintain
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Simulation Review De’Anna Andrew HCS/405 March 25‚ 2015 James Taylor Simulation Review Large health care organizations‚ particularly non-for-profit hospitals‚ come face to face with swelling difficulties handling cash flow every day. These struggles can be due to variations in economic climate and billing. Research tells us that the cash flow‚ hospitals would normally use for capital expenses‚ are frequently being used to pay for operating costs (Ziegler‚ 2008). Functioning as such‚ causes risky
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Handbook Progress Summary Sharon Farmer‚ Shani Paul‚ Karen White‚ Sade Wilson HCS/430 May 4‚ 2015 Maria Soohey Employee Handbook Progress Summary During week 2‚ Learning Team D broken down the sections that we will each work on for the final Employee Handbook Nondiscrimination Paper due in week 3. Karen White has stepped up and agreed to lead the team for weeks 2 and 3 since the projects overlap during those weeks. Karen will be covering the introduction‚ conclusion‚ one bullet point‚ and
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Financial Statements Review Health Care Financial Accounting-HCS/405 May 4‚ 2015 Facilitator Introduction It is essential in any business‚ not just health care to understand how finances directly affect the growth‚ success and longevity of the business and all its parts. To truly understand how finance affects business it is important to gain knowledge and understanding of how the business generate revenue ‚the cash flow of money that comes into the business‚ how bills are paid and money leaves
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Ethics Case Study Jerry McCall is Dr. Williams’ office assistant. He has received professional training as both a medical assistant and a LPN. He is handling all the phone calls while the receptionist is at lunch. A patient calls and says he must have a prescription refill for Valium‚ an antidepressant medication‚ called in right away to his pharmacy‚ since he is leaving for the airport in thirty minutes. He says that Dr. Williams is a personal friend and always gives him a small supply of Valium
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Administrative Ethics HCS/335: Ethics: Health Care and Social Responsibility February 24‚ 2014 Harley Administrative Ethics This article presents a case study highlighting the conflict between an individual’s right to privacy and the rights of patients and staff to know when a professional standard has been breached. The process by which the administrator determines a course of action is reviewed in the context of workplace realities through an ethical analysis. The
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This document of BSHS 405 Week 3 Discussion Question 2 comprises: What considerations must be made when developing a treatment plan with a client? Do these considerations affect how you will propose the plan? Why? Business - Management What considerations must be made when developing a treatment plan with a client? Do these considerations affect how you will propose the plan? Why? Ride the bus to campus. Taking the bus to school is quick‚ easy and free in most college towns. You’ll
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University of Phoenix Material Week One Health Care Financial Terms Worksheet Worksheet Submitted By: Nadine Girard Term Definition Scenario Controlling Controlling for a financial manager in the health care industry is following through to ensure that the resources obtained are efficient towards the organizations objectives. The basis and reason for control is setting the policies and planning elements. The control function with management ties with the planning function because this consists
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Health Care Financial Accounting HCS/405 January 28‚ 2013 Diana Schilling Health Care Financial Accounting In the United States‚ organizations are financially accessible because of many years of financing cuts‚ reductions in Medicare payments imposed by Balanced Act of 1997‚ decreases in Medicaid reimbursements‚ and the lowering stresses of controlled care (University of Phoenix‚ 2013). Organizations and other health care facilities should organize cautiously when the situation comes to
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