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You are the new chief executive officer at Memorial Hospital. Memorial is a nonprofit hospital with 300 beds and is located in a busy metropolitan area directly adjacent to a large university.

 TEXTBOOK:  Introduction to the Financial Management 6th or 7th edition by Michael Nowicki.

Question 1. 

You are the new chief executive officer at Memorial Hospital. Memorial is a nonprofit hospital with 300 beds and is located in a busy metropolitan area directly adjacent to a large university. Memorial is the only hospital within a 20-mile radius of campus but constructed on a new, competing hospital that has just started within five miles. Identify three forecast content items. How will they be measured and what is the expected status of the content items in the future? Which forecasting techniques should you use? Why?

Question 2

It discusses Budgeting.  (without concentrating on the math) What is the overall concept of this and why is it done (how does it benefit managers)?

Question 3

Review the Ratio Analysis Practice Problems. What is the overall concept of these (as a whole) and why is it done (how does it benefit managers)?

Question 4

Think about everything that is happening right now with health care change in this country, what do you think about our present and future in terms of healthcare in this country?

Question 5

You are the financial manager of clerk Pediatrics Center and you have a meeting with the board of directors in a month. You need to create a financial analysis of the organization. You have also been asked to compare Clark Pediatrics to other pediatric healthcare organizations in the area to create a trend comparison, What must you do to complete a financial analysis?  What information do you need for both horizontal analysis and vertical analysis? What sources can you use for comparison? What kind of decisions can be made regarding this information?

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Writers Solution

Imagine you are the director of Medical Imaging department in Northwest Memorial hospital and are tasked with presenting to the C-Suite about your department’s operating budget

For this assignment, create a PowerPoint presentation that addresses the following:

Imagine you are the director of Medical Imaging department in Northwest Memorial hospital and are tasked with presenting to the C-Suite about your department’s operating budget. You need to describe the department priorities and capital investments priorities. Be sure to include the following in your presentation:

1. Explain how you would prioritize the capital investments.

2. What was your methodology in producing the budget and why?

3. What was your role as the director in producing the budget?

The PowerPoint presentation should consist of 12-15 slides, not including the title slide and reference slide. Images may be included in the presentation but be sure to keep all image file sizes low for this presentation. Save images as small files.

Refer to the resource, “Creating Effective PowerPoint Presentations,” located in the Student Success Center, for additional guidance on completing this assignment in the appropriate style.

While APA style is not required for the body of this assignment, solid academic writing is expected, and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

 You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance. 

Benchmark Information

This assignment assesses the following programmatic competency:

MBA Health Systems Management

MPA Health Care Management

MS Health Administration

MS Health Care Informatics

MBA: 5.1: Develop financial plans to support the viability of health care organizations.