Preview

Portfolio Analysis

Powerful Essays
Open Document
Open Document
1491 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Portfolio Analysis
Introduction- This report discusses a few different topics. The first topic that is discussed is what a portfolio analysis is. Next it will give a brief background of Truman Medical Center in Kansas City, Mo. Third it will describe nine products and services that the given health care organization, Truman Medical Center offers and group them in to four categories. The four categories are cash cows, stars, problem children, and dogs.
What is a Portfolio Analysis-? A portfolio analysis examines the market position of a health care organization in terms of the organizations rate of service category growth and market share. This type of analysis examines different investment portfolios in order to evaluate their performance against goals (Spowart, M., 2012). There are five very significant steps included in conducting a portfolio analysis of the service lines in a health care organization. These steps, in order, are: 1) defining the service lines; 2) identifying the weighting of the service line evaluation criteria; 3) developing the information that is to be used in scoring; 4) scoring the service lines against the criteria used in evaluation; and 5) discussing the results and making the service line decisions (Machisko & DeBoer, 2008).
Step one sets the foundation for the portfolio analysis and step two focuses on defining which characteristics are the most crucial to the health care organization. Examples of characteristics used in this step might include financial performance, market competition and potential growth, physician availability, and technology advances. Steps three and four are the two easiest steps in the process. Step five is the step that brings the portfolio analysis together. In other words, it is the finishing touches on the analysis.
Background of Truman Medical Center-
Truman Medical Center, formerly known as General Hospital, is one of Kansas City’s major hospitals and the only hospital in downtown Kansas City, Mo.


References: Spowart, M., (2012), What is Portfolio Analysis?, Retrieved on February 24, 2012 from http://www.ehow.com/about_6331141_portfolio-analysis_.html Truman Medical Center, (2012), Cardiovascular Services, Retrieved on February 24, 2012 from http://trumed.org/truweb/hh/hh_health_services/cardiology/cardiology.aspx Truman Medical Center, (2012), Emergency Services, Retrieved on February 24, 2012 from http://trumed.org/truweb/hh/hh_health_services/hh_emergency_trauma.aspx Truman Medical Center, (2012), Gastrointestinal Services, Retrieved on February 24, 2012 from http://trumed.org/truweb/hh/hh_health_services/hh_digestive_care.aspx Truman Medical Center, (2012), History of Truman Medical Centers, Retrieved on February 24, 2012 from http://trumed.org/truweb/corporate/about_tmc/history.aspx Truman Medical Center, (2012), Oncology Services, Retrieved on February 24, 2012 from http://trumed.org/truweb/hh/hh_health_services/hh_oncology.aspx Truman Medical Center, (2012), Orthopedics, Retrieved on February 24, 2012 from http://trumed.org/truweb/hh/hh_health_services/hh_orthopaedics.aspx Truman Medical Center, (2012), Radiology Service, Retrieved on February 24, 2012 from http://trumed.org/truweb/hh/hh_health_services/hh_radiology.aspx Truman Medical Center, (2012), Rehabilitation Services, Retrieved on February 24, 2012 from http://trumed.org/truweb/hh/hh_health_services/hh_rehab_services.aspx Truman Medical Center, (2012), Sickle Cell Disease Center, Retrieved on February 24, 2012 from http://trumed.org/truweb/hh/hh_health_services/hh_sickle_cell.aspx Truman Medical Center, (2012), Women’s Health Services, Retrieved on February 24, 2012 from http://trumed.org/truweb/hh/hh_health_services/hh_womens_health_services.aspx Zuckerman, A., M., (2005), Healthcare Strategic Planning (2nd Ed. ), Chicago, IL: Health Administration Press
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Better Essays

    Methods of Analysis (Acc281) Ashford
    • 925 Words
    • 4 Pages

    Methods of Analysis (Acc281) Ashford

    In this report, we will revisit and evaluate the three methods of analysis: horizontal, vertical, and ratio. Next, we are to summarize each method, and discuss how the financial information is used to make a particular decision. Then, provide a scenario in a health care situation in which a given method of analysis might be used. I will explain each analysis beginning in order of the Horizontal Analysis with the Vertical Analysis and lastly the Ratio Analysis. Each analysis is different from the next and although the horizontal and vertical are similar, they show different aspects of a company by year. A ratio analysis is a combination of many different analyses and will be gone through individually so they are understandable.…

    • 925 Words
    • 4 Pages
    Better Essays
    Read More
  • Better Essays

    Hcs/405 Health Care Financial Term Paper
    • 1100 Words
    • 5 Pages

    Hcs/405 Health Care Financial Term Paper

    My strategy will consist of three phases. These phases include: capital shortage, funding options for equipment acquisition and funding options for capital expansion. During these three phases I will observe the necessary financial statements and documents. From this information I will analyze the information and decide the best strategy for improvements. I will not only focus on the goals for the clinic, but long term budget goals as well.…

    • 1100 Words
    • 5 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    HSA 525 Week 9 Assignment 3 Post Merger Analysis Strayer Latest
    • 336 Words
    • 1 Page

    HSA 525 Week 9 Assignment 3 Post Merger Analysis Strayer Latest

    2. Assuming that two (2) health care organizations have merged. Determine the evaluation criteria that a financial analyst would use to evaluate the financial performance of the organization post-merger, and identify the determinants that the analyst would use to decide whether or not the merger generated favorable financial results for the organization. Provide support for your evaluation.…

    • 336 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Better Essays

    Hcs 405 Simulation Review
    • 1269 Words
    • 6 Pages

    Hcs 405 Simulation Review

    References: Health Care Financial Accounting. n.d. Analyzing financial indicators for decision making. Retrieved from http://www.ecampus.phoenix.edu…

    • 1269 Words
    • 6 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    Assignmen hca 311 1
    • 660 Words
    • 2 Pages

    Assignmen hca 311 1

    Capital investment decisions are among the most important decisions made by healthcare centers. The organization often determine the capacity for providing services to patient and if there is need for expansion, they commit the organizational cash towards that investment. The role of chief financial officers of the organization is always very important because he/her will reveal the capital investment strategies. Still, there is substantial variation in capital budgeting techniques, methods of risk adjustment, and the importance of qualitative considerations in investment decision making. There is also variation in delegation of investment decision making to operating units and methods of performance evaluation. Health care systems face the same challenges as other organizations in developing and implementing capital investment strategies that use consistent methods for evaluation of projects that have inconsistent aim and outcome (Smith & Wheeler, 2000)…

    • 660 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Southern Indiana Case
    • 2794 Words
    • 12 Pages

    Southern Indiana Case

    MCSI choose to analyze physician partnership, its top service lines, expansion of market campaign, and expansion of the Ivy Tech population in order to decide whether or not it should continue its aggressive expansion campaign. Major criteria areas taken into account included market position, competition, potential profitability, and alignment with MCSI's mission. As shown in Figure 1, it was recommended for MCSI to continue building physician partnership and enhancing its top three service lines (home health agency, skilled nursing facility, and geropsychiatric services). There was the recommendation to possibly pursue expansion of its marketing campaign and Ivy Tech population. MCSI should slow down its aggressive expansion strategy of adding new services and consolidate gains from those presently in place. In doing so, MCSI would shift from a prospector to an…

    • 2794 Words
    • 12 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Sando
    • 253 Words
    • 2 Pages

    Sando

    2. Develop at least three strategic objectives for each of the following four balanced scorecard areas identified above (Financial, Customer, Process, Learning and Growth). Your objectives should be selected, in part, based on an evaluation of a number of potential alternatives to the issues and/or opportunities identified in the SWOTT Analysis paper and table you completed in Week Three. Base your selections on a ranking of alternative solutions that include an identification of potential risks and mitigation plans, and a stakeholder analysis that includes mitigation and contingency strategies. You should also incorporate the ethical implications of your solutions into your selection.…

    • 253 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Essential Financial Ratios In Healthcare
    • 271 Words
    • 2 Pages

    Essential Financial Ratios In Healthcare

    The article is all about the essential financial ratios to evaluate the health care industry such as hospitals and pharmaceutical company regardless of the stock of health care companies. There are three key ratios such as cash flow coverage ratio, debt to capitalization ratio, and operating margin. These ratios reveal how many liabilities and how much debt the health care companies have and how much they operate a margin. First, the cash flow coverage ratio is crucial to hospitals and having adequate cash flow is critical to their economic existence. This ratio equals to 1 or greater than 1 more favorable. Second, the debt to capitalization ratio is important for assessing firms that have substantial capital outflow. The ratio indicating…

    • 271 Words
    • 2 Pages
    Good Essays
    Read More
  • Powerful Essays

    A Financial Analysis of a Publicly Traded Health Care Company
    • 1650 Words
    • 7 Pages

    A Financial Analysis of a Publicly Traded Health Care Company

    In this paper, I will use financial data and research of a publicly traded healthcare company to give an analysis of the selected company’s financial status.…

    • 1650 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Best Essays

    Healthcare
    • 573 Words
    • 3 Pages

    Healthcare

    Examine how the strategic plan affects the health care organizations assets, resources, competencies, and financial decisions. Discuss how health care managers ?think strategically,? and how health care providers influence a health care organizations competitive Examine the strategies used by health care organizations to analyze external influences that shape the ongoing development of strategic plans. Discuss how technology is implemented to assess the health care market and improve positive health care outcomes for a diverse Discuss how a health care organization develops their mission statement, goals, vision, and values statement and how they affect the organizations strategic direction. Discuss the purpose of how the organization determines if/when changes are needed as they grow. How is that growth fostered regarding revenues and profitsExplore how health care organizations/managers monitor the strategic plan and how changes are made regarding financial performance drivers, clinical quality factors, and marketing both internally and externally Examine strategic financial management concepts, the effects of supply and demand on the health care organization and how managers use contemporary financing practices in conjunction with the strategic plan. Examine and compare strategic plans of various types of organizations as a means to understand the need for change and diversity…

    • 573 Words
    • 3 Pages
    Best Essays
    Read More
  • Powerful Essays

    Return on Investment
    • 1457 Words
    • 5 Pages

    Return on Investment

    Like it or not, with the current state of the economy, as well as, enforced implications of the Affordable Care Act, a large number of hospitals and healthcare agencies will close their doors for good this year. Perhaps the most common cause of these closures will be the result of inadequate financial performance. Like any business entity, it is the lack of proper financing that ultimately kills any healthcare organization. There is a basic fundamental principle of finance that no healthcare organization can ignore; ultimately, the organization must generate a return from its investment that at least equals the cost of the financing supporting that investment. If the overall return on investment (ROI) is not equal to greater that the organization’s cost of funds, financial failure will occur (Cleverley, 1990). ROI has been an essential aspect of financial accounting ever since a group of financial experts at E.I. du Pont de Nemours and Co. (DuPont) invented the concept in the early part of the century (Southerst, 1993). DuPont’s concept of financial analysis has recently become a model used by many businesses to evaluate and visualize the critical factors that contribute to ROI and hence shareholder value (Stavros, 2005). The purpose of the following report is to examine the general financial concept of the Return on Investment (ROI) and its historical roots with the DuPont Company.…

    • 1457 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Spring Festival Gala
    • 28947 Words
    • 116 Pages

    Spring Festival Gala

    The Spring Festival, or Lunar New Year, is the most important festival in China. On…

    • 28947 Words
    • 116 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Hyflux and Artivision Analysis
    • 2994 Words
    • 12 Pages

    Hyflux and Artivision Analysis

    In this report, a business analysis and valuation exercise was conducted on the firms in our Hyp$100,000 investment portfolio to evaluate their strategies and historical performance, as well as to determine the intrinsic value of their shares.…

    • 2994 Words
    • 12 Pages
    Powerful Essays
    Read More
  • Good Essays

    MMC - CSR
    • 580 Words
    • 3 Pages

    MMC - CSR

    They consistently try to follow in the footsteps of their founding fathers, who were doctors and leaders in their respective fields:…

    • 580 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Frogs
    • 8338 Words
    • 34 Pages

    Frogs

    Family Assessment Barangay Los Amigos Purok 4-A Davao City In Partial Fulfillment of the Requirements in Primary Health Care A Compilation Presented to the College of Allied Health Sciences Davao Doctors College Prepared by BSOT U2A Group 1 Aretaño, Jannah J. Borja, Daryl E Bausin, Joann C. Advisers Alemil Milagrosa, RMT PJ Arranguez, RN Date of exposure Aug. 24- Sept. 21 S.Y. 2012-2013 TABLE OF CONTENTS Acknowledgement ………………………………

    • 8338 Words
    • 34 Pages
    Powerful Essays
    Read More

Related Topics