Financial Data Analysis Sharon M Flemming HCS 577 July 8, 2013 Dr. Patricia Jenkins Financial Data Analysis Financial management is an important aspect of health care financing. Whether for a hospital, medical group, or home care agency, long-term or short-term finance, maintaining accurate asset management records could mean the difference in failure or success for many organizations. The purpose of this assignment is to compare financial data for two consecutive years for Patton-Fuller
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Financial Data Analysis A financial data analysis “provides a great deal of important information regarding financial condition, it often fails to provide much insight into the operational causes of that condition” (Gapenski, 2008, p. 561). Financial data analysis identifies an organizations strengths and weaknesses by proving the relationship among items of a profit and loss account and a balance sheet. Numerous techniques or systems are used in analyzing financial statements. One such technique
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Financial Data Analysis Patton-Fuller Community Hospital is a for-profit hospital that is owned by the physicians who currently works at the facility. Patton-Fuller was established in 1975 and has since provided innovative care to the surrounding communities of Kelsey. The key to this hospital's success is quality patient care and as shareholders their mission was to provide the best care to their patients (University of Phoenix, 2014). Patton-Fuller Community Hospital has been doing so well they
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Financial Data Analysis HCS/577 July 14, 2014 Financial Data Analysis Patton - Fuller Community Hospital | Balance Sheet as of December 31 | 2009 and 2008 | (In thousands) | (Audited) | 2009 | 2008 | Assets | Current Assets | Cash and Cash Equivalents | $22,995 | $41,851 | Assets of Limited Use | $27,594 | $41,851 | Patient Accounts Receivable (1) | $58,787 | $37,666 | (net of Allowance for Bad Debts 2009: $11,757 / 2008: $7,533) | Other Receivables
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MANAGEMENT INFORMATION REPORT PERFORMANCE OF THE WAGE BILL FOR THE PERIOD JANUARY TO DECEMBER 2010 1. General: The attached analysis shows actual performance of the wage bill for the period January to December 2010. The total actual payroll cost incurred during the period under review amounted to Le541.511 billion. The profiles indicate the expenditure pattern for MDAs, Teachers, Police, Foreign Missions, the Military, Salary Grants, Pensions/Gratuities and Government contributions to Social Security
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Week 5 What are the implications and effect of tough ethical beginning-of-life and end-of-life decisions? How do these decisions affect the individual, the family, society, and health care providers? The care of beginning-of-life and end-of-life decisions for patients has shifted from family, to community, to health care professionals. Medical professionals have sought ways to improve quality of life from a newborn to a person approaching the end of his or her life’s journey (Carrese &
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Financial Data Analysis HCS/577 Financial Data Analysis Patton-Fuller Community Hospital (PFCH) is a for-profit health care provider for the Northwest Valley area. The hospital opened in 1975 and owned by the physicians practicing at the facility, PFCH is dedicated to providing cutting edge services with high quality patient care. Currently, the 600 bed facility received a majority of its revenue (80%) through in-patient services including surgical care, nurse services, both medical and
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1.0 INTRODUCTION This dissertation is based on a critical evaluation of training policies and procedures at The Maritime Financial Group South Branch- Training, Marketing and Sales service. This company was chosen because of its vast training of its workforce as compared to other companies within the region and always rises above other branches throughout the country annually and employs thirty five persons. This dissertation will give me the researcher the opportunity to define its objectives
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............. 2 2. BACKGROUND TO THE BUSINESS DECISION OR PROBLEM .............................................. 3 3. THE SPECIFIC RESEARCH OBJECTIVES TO BE ADDRESSED .............................................. 5 4. CRITICAL ANALYSIS OF THE METHODS ...................................................................... 6 5. RESULTS AND DISCUSSION ....................................................................................... 8 6. IMPLICATIONS FOR THE BUSINESS
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to make effective decisions. Controllers in accounting are professionals which directly deal with financial matters and especially in cost control and budgeting. Controllers use statistics software to analyze and interpret data that helps them to make strategic and short term decisions. Question#2.a There are many issues related to controllers while making decisions on the basis of available data. Budget forecasting is very important for controllers because this tool is used to control costs
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