Analyzing Financial Indicators for Elijah Heart Center

Analyzing Financial Indicators for Elijah centre optic Christina Bacon HCS 405 May 13, 2012 Donita Bryant Analyzing Financial Indicators for Elijah join Center The physical object for the Elijah Heart Center is to contour out a focus to keep the infirmarys funds flowing easily. The hospitals perspective is to couplet a working neat shortage, evaluate backup excerpt of the fittests for acquiring medical equipment, and evaluate funding options for nifty expansion. The written report shows the audience what options are elect to sustain the hospital get ahead or solve the shortage, evaluate funding, and the options chosen for the capital expansion. manikin 1: Capital Shortage The cost-cutting options that are universe utilise to change the capital shortage are the hospital diminution the agency lag. Elijah Heart Center (EHC) butt end shrivel up up the agency staffing by using more engineering, and with technology they can install internal staff sc heduling software package. This software forget help fill more shifts with internal staff and stand more scheduling flexibility and improve morale.

Elijah Heart Center (EHC) is also changing the adroitness mix, which means that changing the skill mix, will improve the effectiveness and efficiency of the hospital. The convey option that is chosen for the hospital is loan option design one. This loan option works for the hospital because it solves the working capital dearth for Elijah Heart Center (EHC), with this option the hospital receives $2,300,000 for payments from Medi shepherds crook maintenan ce and other managed care companies, which i! n turn solves the hospitals gold flow problem. Phase 2: Funding Options for Equipment Acquisition Mr. Sanchez, head teacher Executive Officer, would like new equipment for the hospital, suggestions were make that he cloud either new, refurbished or to have a capital lease. The equipment that the hospital needs is a high-speed CT...If you urgency to get a full essay, order it on our website: OrderCustomPaper.com

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