Innovation in Healthcare and Financial Statements (110 points)
Financial statement management is an essential process for healthcare organizations. The challenge for operational leaders is interpretation of financial statement performance
Select a hospital that publicly displays their financial performance on their website. Then address the following requirements:
Describe the Profit Loss Statement:
Review top revenue items

Review cost comparison compared to previous year

Provide your interpretation of the statement – how well is the organization.

Balance Sheet Review:
Review Assets
Review Liabilities
Describe the financial health of the balance sheet

Review Financial Ratios Calculations

Current Ratio
Debt-to-equity Ratio
Working Capital Ratio
Make a recommendation to lease or finance the capital item. Please support your decision with financial data.