Healthcare Financial Management and Economics:
Louisville Community Hospital:
Assignment: 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, you examine the financial documents for Louisville Community Hospital and analyze the organization’s financial health.
Louisville Community Hospital:
Louisville Community Hospital is a small community hospital serving a rural population.
To prepare for this Assignment:
Examine the financial statements from Louisville Community Hospital. Reflect on how you will use this financial data to calculate and analyze the organization’s financial ratios. Refer to Chapter of Financial Management of Health Care Organizations: An Introduction to Fundamental Tools, Concepts and Applications for additional guidance.