Reference no: EM13851337
Questions
1. Assess the trend in the hospital's financial performance over the period 2011-2013 with respect to each of the following areas:
a. Liquidity
b. Profitability
c. Debt management
NOTE: Your answer should provide a general, informative assessment, not just a simple restatement of ratio values.
2. Assess the hospital's current (2013) financial performance compared with industry benchmarks with respect to each of the following areas:
a. Liquidity
b. Profitability
c. Debt management
The industry benchmarks are contained in the case.
NOTE: Your answer should provide a general, informative assessment, not just a simple restatement of ratio differences.
3. Discuss the financial problems you see emerging from your analyses in Questions 1 and 2? How serious do these problems appear to be?
4. What recommendations would you offer to hospital management to address each problem you identified in Question 3?
NOTE: Your recommendations should be actionable, not just general statements.
5. In light of your findings from Questions 1-3 and your recommendations in Question 4, select 5 financial and 5 operating key performance indicators (KPIs) you would recommend management track going forward to monitor what you consider critical areas of financial performance. Defend your selections.
Attachment:- HAP-River-Community-Hospital.pdf
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