Source of Revenue: Viability
Use the balance sheet and statement of income you downloaded for Ascension Health a nonprofit, religious-based healthcare system, from
https://www.ascensionhealth.org/index.php?option=com_content&view=article
&id=45&Itemid=160.
Download and review the financial statements of HCA, Inc., a for-profit healthcare system, from
https://phx.corporate-ir.net/phoenix.zhtml?c=63489&p=irol-reports.
In a Microsoft Excel spreadsheet, prepare a vertical analysis of the company for the years 2012 and 2013 and a horizontal analysis from 2012 (base year) to 2013 (subsequent year).
Discuss your findings. Here are a few, but not all, the questions you should consider.
Is Ascension Health growing?
What line items reflected the largest-percentage increases and/or decreases?
What is the financial impact these changes have on the company's financial viability currently and in the future?