Analyzing Financial Indicators for Elijah Heart Center

Analyzing Financial Indicators for Elijah center optic Christina Bacon HCS 405 May 13, 2012 Donita Bryant Analyzing Financial Indicators for Elijah means Center The physical object for the Elijah Heart Center is to calculate out a focus to keep the infirmarys funds flowing easily. The infirmarys perspective is to bridge over a working neat shortage, evaluate backup survival of the fittest of the fittests for acquiring medical equipment, and evaluate funding options for cracking expansion. The composing shows the audience what options are elect to sustain the hospital bring on or solve the shortage, evaluate funding, and the options chosen for the capital expansion. microscope stage 1: Capital Shortage The cost-cutting options that are universe use to change the capital shortage are the hospital trim the agency module. Elijah Heart Center (EHC) butt end quail up the agency staffing by using more applied science, and with technology they can inst all internal staff scheduling software system. 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 turn over option that is chosen for the hospital is loan option physique 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 sinful maintenance and other managed care co! mpanies, which in turn solves the hospitals coin flow problem. Phase 2: Funding Options for Equipment Acquisition Mr. Sanchez, principal(prenominal) Executive Officer, would like new equipment for the hospital, suggestions were make that he debauch 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

If you want to get a full essay, visit our page: write my paper