Week 8 Assignment
Healthcare Finance
Ratio Analysis
It is important to understand that when interpreting financial statements, the numbers alone may not provide the whole financial picture of an organization. Instead, you must analyze the statements using ratios, which are then compared to benchmarks across the healthcare industry. For this Assignment, examine the financial health of a community hospital.
To prepare for this Assignment:
· Review the Week 8 Assignment 1 document provided to you by the instructor. Examine the financial statements from the community hospital. Reflect on how you will use this financial data to calculate and analyze the organization’s financial ratios.
· Refer to Chapter 13 of Gapinski’s Understanding Healthcare Financial Management.
· Download Week 8 Assignment 1 Ratio Excel Template.
Submit the following:
· Using the statement of operations and balance sheet for the community hospital, complete the “Week 8 Ratio Excel Template.”
Refer to the Week 8 Assignment 1 Rubric for specific grading elements and criteria. Your instructor will use this grading rubric to assess your work.
