Capella Univeristy Why Ratio Analysis Discussion

Topic: Why Ratio Analysis?Why is ratio analysis so important in health care?
Choose a medical organization and describe at least three different ratios that
you would use to assess its financial position. Explain why you selected those
three ratios and how the three ratios would be used to update the CEO on the
financial status of the organization.
Remember to use citations and references as appropriate. Your post must follow
APA sixth edition style and formatting guidelines. See the Campus APA Style
and Format page, linked in the Resources, for more information.
Please make sure you have these tow books. They will be used for most of my
discussion and assignments.
•
•
Nowicki, M. (2018). Introduction to the financial management of healthcare
organizations (7th ed.). Chicago, IL: Health Administration Press.
• Chapter 3, “Financial Analysis and Management Reporting,” pages 49–
74.
Zelman, W. N., McCue, M. J., Glick, N. D., & Thomas, M. S. (2014). Financial
management of health care organizations: An introduction to fundamental
tools, concepts, and applications (4th ed.). Hoboken, NJ: Wiley.
• Read Chapter 4, “Financial Statement Analysis,” pages 137–183.
• Review problem 13 on ratio analysis on page 188 in preparation for
the assignment in this unit.