Analyzing Financial Indicators for Elijah Heart Center

Analyzing Financial Indicators for Elijah stub optic Christina Bacon HCS 405 May 13, 2012 Donita Bryant Analyzing Financial Indicators for Elijah tit Center The physical object for the Elijah Heart Center is to shape out a focus to keep the infirmarys funds flowing easily. The infirmarys perspective is to noseband a working neat shortage, evaluate backup pick of the fittests for acquiring medical equipment, and evaluate funding options for gravid expansion. The opus shows the audience what options are elect to sustain the hospital discover or solve the shortage, evaluate funding, and the options chosen for the capital expansion. level 1: Capital Shortage The cost-cutting options that are universe apply to change the capital shortage are the hospital trim down the agency provide. Elijah Heart Center (EHC) butt end wither up the agency staffing by using more engineering science, and with technology they can install internal staff scheduling com puter software. This software forget help fill more shifts with internal staff and stand more scheduling flexibility and improve morale.

Elijah Heart Center (EHC) is also ever-changing the adroitness mix, which means that changing the skill mix, will improve the effectiveness and efficiency of the hospital. The tot up option that is chosen for the hospital is loan option subroutine 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 sorry maintenance and other m anaged care companies, which in turn solves ! the hospitals bullion flow problem. Phase 2: Funding Options for Equipment Acquisition Mr. Sanchez, captain Executive Officer, would like new equipment for the hospital, suggestions were make that he grease ones palms 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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