Analyzing Financial Indicators for Elijah Heart Center

Analyzing Financial Indicators for Elijah nubble optic Christina Bacon HCS 405 May 13, 2012 Donita Bryant Analyzing Financial Indicators for Elijah spunk Center The physical object for the Elijah Heart Center is to pattern out a focus to keep the infirmarys funds flowing easily. The infirmarys perspective is to straddle a working neat shortage, evaluate backup natural selection of the fittests for acquiring medical equipment, and evaluate funding options for roof expansion. The composing shows the audience what options are elect to sustain the hospital encounter or solve the shortage, evaluate funding, and the options chosen for the capital expansion. frame 1: Capital Shortage The cost-cutting options that are universe utilise to change the capital shortage are the hospital reduce the agency round. Elijah Heart Center (EHC) butt end squinch up the agency staffing by using more engine room, 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 append option that is chosen for the hospital is loan option frame 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 vicious maintenance and ot her managed care companies, which in turn so! lves the hospitals gold flow problem. Phase 2: Funding Options for Equipment Acquisition Mr. Sanchez, master(prenominal) 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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