Operating and financial performance indicators

Operating and financial performance indicators

Health care leaders depend on sound operating and healthcarefinancial performance indicators to make decisions regarding working capital management, capital budgeting, and resource allocation. These indicators help organizations maximize performance and strategically plan for new initiatives. For this Discussion, you select a health care organization and examine how its leaders and managers use operating and financial performance indicators in their decision making.

To prepare:

  • Select a health care organization and locate its operating (i.e., utilization rate) and financial data. You may want to use a not-for-profit health care system, as they usually post their annual reports online.
  • Identify one operating indicator (e.g., length of stay, admission, etc.) and two financial performance indicators (e.g., cash and cash equivalents, accounts receivable, accounts payable, short-term loans, etc.).

 

Post a cohesive response to the following:

Identify the health care organization you selected, and describe one operating indicator and two financial performance indicators of the organization. Analyze how leaders and managers use these indicators when making decisions about working capital management, capital budgeting, and resource allocation. Support your response by identifying and explaining key points and/or examples presented in the Learning Resources.

Resources:

 

Walston, S. L. (2014). Strategic healthcare management: Planning and execution. Chicago, IL: Health Administration Press.
Chapter 4, “Growth and Integration Strategies” (pp. 73–94)
Chapter 5, “Strategic Alliances” (pp. 99–114)
Chapter 9, “Strategic Financial Analysis” (pp. 201–226)

Wayland, M. S., & McDonald, W. G. (2016). Strategic analysis for healthcare: Concepts and practical applications. Chicago, IL: Health Administration Press.
Chapter 11, “Financial Statement and Ratio Analysis” (pp. 73–77)
Chapter 26, “Financial Fit Assessment and Projection” (pp. 173–176)

Agundu, P., & Imegi, J. C. (2014). Domestic debt and strategic financial management imperatives in Nigeria: Casual diagnosis. Journal of Financial Management & Analysis, 27(1), 41–53.
Note: Retrieved from Walden Library databases.

Ciobota, G., & Velea, A. (2015). The strategic positioning of the financial banking companies—Key factor for achieving competitive advantages. Knowledge Horizons, 7(1), 103–106.
Note: Retrieved from Walden Library databases.

Food and Agriculture Organization of the United Nations. (1997). Chapter 6 – Investment decisions – Capital budgeting. Retrieved from http://www.fao.org/docrep/W4343E/w4343e07.htm

Gopal, S., & Kumar, D. M. (2015). Strategic interventions in tackling poor performance of service departments: Study on Muhibbah engineering. Journal of Economics and Behavioral Studies, 7(4), 6–13. Retrieved from https://ifrnd.org/journal/index.php/jebs/article/view/589/589

Karadag, H. (2015). Financial management challenges in small and medium-sized enterprises: A strategic management approach. Emerging Markets Journal, 5(1), 26–40.
Note: Retrieved from Walden Library databases.

Maneval, E. (2015). Working capital management. Retrieved from http://www.studyfinance.com/lessons/workcap/

Zavorotniy, R. (2014). Problems of the analysis of strategic financial value-based benchmarks of the Ukrainian enterprises. Economics & Sociology, 7(1), 39–47.
Note: Retrieved from Walden Library databases.

Calculate the price of your order

Select your paper details and see how much our professional writing services will cost.

We`ll send you the first draft for approval by at
Price: $36
  • Freebies
  • Format
  • Formatting (MLA, APA, Chicago, custom, etc.)
  • Title page & bibliography
  • 24/7 customer support
  • Amendments to your paper when they are needed
  • Chat with your writer
  • 275 word/double-spaced page
  • 12 point Arial/Times New Roman
  • Double, single, and custom spacing
  • We care about originality

    Our custom human-written papers from top essay writers are always free from plagiarism.

  • We protect your privacy

    Your data and payment info stay secured every time you get our help from an essay writer.

  • You control your money

    Your money is safe with us. If your plans change, you can get it sent back to your card.

How it works

  1. 1
    You give us the details
    Complete a brief order form to tell us what kind of paper you need.
  2. 2
    We find you a top writer
    One of the best experts in your discipline starts working on your essay.
  3. 3
    You get the paper done
    Enjoy writing that meets your demands and high academic standards!

Samples from our advanced writers

Check out some essay pieces from our best essay writers before your place an order. They will help you better understand what our service can do for you.

Get your own paper from top experts

Order now

Perks of our essay writing service

We offer more than just hand-crafted papers customized for you. Here are more of our greatest perks.

  • Swift delivery
    Our writing service can deliver your short and urgent papers in just 4 hours!
  • Professional touch
    We find you a pro writer who knows all the ins and outs of your subject.
  • Easy order placing/tracking
    Create a new order and check on its progress at any time in your dashboard.
  • Help with any kind of paper
    Need a PhD thesis, research project, or a two-page essay? For you, we can do it all.
  • Experts in 80+ subjects
    Our pro writers can help you with anything, from nursing to business studies.
  • Calculations and code
    We also do math, write code, and solve problems in 30+ STEM disciplines.

Frequently asked questions

Get instant answers to the questions that students ask most often.

See full FAQ
    See full FAQ

    Take your studies to the next level with our experienced specialists

    Chat
    Chat
    Hello, we are online 24/7. Leave a message we will reply instantly