The research paper analyzes decision- making on what type of health services are provided, which is the key consideration in delivering the appropriate and accessible health care for rural and remote populations. In regards, the research conducted from Bio Med Central (BMC), the discussion suggested that financial ratios are important when understanding the financial conditions of the company. There is representation on the Return on Assets (ROA) ratio, and identifies the financial trends at BMC are favorable in the future. Despite residents of rural communities experiencing poorer health outcomes and exhibiting higher health needs, workforce shortages and maldistribution mean that rural communities do not have access to the range of …show more content…
The purpose of utilizing liquidity ratios, helps an organization reflect their ability to meet the current financial obligations. Solvency ratios assist in reflecting on the capacity to pay annual interest and principles in regards to long term debt; and profitability ratios help the organization that reflects the operating revenue over operating expense (Baker & Baker, 2014). In the research conducted, explores decision-making about physiotherapy service provisions in eleven rural and regional communities, against a context of health care rationing. Definitions of rationing and common criteria are used to frame participants (employee, stakeholders, and investors) response that help guide future discussions (Adams, Jones, Lefmann & Sheppard, 2015).
Research Questions
A brief description of financial ratios that is used by most financial analysts are used to evaluate the financial infrastructure of applying to Central (BMC), also will provide an overview that will cover the organization’s ability to meet their financial obligations. According to the company balance sheet (see Appendix A.) the discussions on the profitability trends that may be favorable, or unfavorable are based on the ratio analysis. The financial ratio analysis is the methods used, which businesses can make predictions based on the future performance of the company. According to the
The nursing shortage in the health care setting, can affect the quality of care and the overall outcome of the patient’s health. Hospital’s having lower numbers in nursing staff can have an adverse effect on the organizations. This can result in higher incidences of hospital acquired pneumonia, urinary tract infections, decubitus and falls with injuries. The acuity level of the patient’s entering the hospital continues to rise because there are a lot of patient’s delaying to seek prompt medical attention. As these things occurs, the skills and amount of the nursing staff need to be ready and available for the patient’s as they entered into the health care setting. Although inadequate nursing staff can have an adverse effect on the patient, this can also have a financial impact on the organization. After conducting an interview with two co-workers, an analysis will discussed concerning the financial problems identified within the organization. Second, there will be a discussion of the potential budget impact of two financial problems identified in the organization. Third, a discussion regarding the role of nursing in process of analysis with the budget development within the organization. There will be further discussion of the budget development within the organization from the chief of nursing, nurse in manager and staff nursing prospective. The purpose of this paper is conduct an analysis of the potential budget impact of the financial problems
Financial ratio analysis is a valuable tool that allows one to assess the success, potential failure or future prospects of the company (Bazley 2012). The ratios are helpful in spotting useful trends that can indicate the warning signs of
Secondary information is collected for this case. This case study limited only one techniques of financial analysis that is Ratio Analysis and also taken a single company. Thus the conclusion of the analysis carried out in a professional manner will be able to correctly describe the evaluation of the company and to substantiate the user’s decisions.
Currently, the clinic provides medical services to the local businesses. These services include physical examination and treatment of the staff who work in these businesses. In order to determine whether clinic is the best option, it is important to analyze the financial records to determine its feasibility. Word Count: 71
Significant health disparities between rural and urban populations have been a major concern in the United States. One prominent factor contributing to the disparities is lack of access to quality care in rural areas which is closely associated with challenges faced by rural health care providers (National Rural Health Association, 2007). Rural hospitals are the key health care provider in rural areas, offering essential health care services to nearly 54 million people (American Hospital Association, 2006). They face a series of challenges such as workforce shortages, rise in health care costs, difficulty in finding access to capital, difficulty in
The success of a business depends on its ability to remain profitable over the long term, while being able to pay all its financial obligations and earning above average returns for its shareholders. This is made possible if the business is able to maximize on available opportunities and very efficiently and effectively use the resources it has to create maximum value for all involved stakeholders. One way the performance of a company can be measured on critical areas such as profitability, its ability to stay solvent, the amount of debt exposure and the effectiveness in resource utilization, is performing financial analysis where a set of ratios provides a snapshot of company performance and future
Ratio analysis is a very useful tool when it comes to understanding the performance of the company. It highlights the strengths and the weaknesses of the company and pinpoints to the mangers and their subordinates as to which area of the company requires their attention be it prompt or gradual. The return on shareholder’s fund gives an estimate of the amount of profit available to be shared amongst the ordinary shareholders; where as the return on capital employed measures an organization 's profitability and the productivity with which its capital is utilized. Return on total assets is a profitability ratio that measures the net income created by total assets amid a period.
Ratio analysis is a tool brought by individuals used to evaluate analysis of information in the financial statements of a business. The ratio analysis forms an essential part of the financial analysis which is a vital part in the business planning. There are 3 different ways of assessing businesses performance and these are: solvency, profitability and performance. Ratio analysis assists managers to work out the production of the company by figuring the profitability ratios. Also, the management can evaluate their revenues to check if their productivity. Thus, probability ratios are helpful to the company in evaluating its performance based on current earning. By measuring the solvency ratio, the companies are able to keep an
This paper examines financial ratio analysis by defining, the three groups of stakeholders that use financial ratios, the five different kinds of ratios used and their applications, the analytical tools used in analysis, and finally financial ratio analysis limitations and benefits.
We are going to assess profitability ratios for 2014 year, including gross profit margins, return on sales, return on total assets, return on stockholder’s equity, and earnings per share. Next we are going to discuss liquidity ratios – current ration, quick ratio. Our analysis will include leverage ratios such as debt-to-equity ratio, interest coverage. Also, we will cover activity ratios including inventory turnover, fixed asset turnover, total assets turnover and accounts receivable turnover. Lastly, we will assess the price/earning ratio, the book value per share ratio, and the cash flow per share ratio.
The rational decision-making model describes a series of steps that decision makers should consider if their goal is to maximize the quality of their outcome. In other words, if you want to make sure that you make the best choice, going through the formal steps of the rational decision-making model may make sense. The following are the steps taken to come to a rational decision: 1. Identify the problem, 2. Establish decision criteria, 3. Weigh decision criteria, 4. Generate alternatives, 5. Evaluate the alternative, 6. Choose the best alternative, 7. Implement the decision, 8. Evaluate the decision.
The aim of this paper is to analyse the financial position of Melbourne IT limited through the use of financial ratios, based on the annual report for the periods December 2012 and 2013. Financial ratios are useful since they measure a company’s performance and give an overview of the financial situation. Ratios are also used to analyse trends and to compare a firms financial figures to other competitors within the same industry.
Before beginning an analysis of a company it is necessary to have a complete set of financial statements, preferably for the pas few years so that historical trends can be obtained. Ratios are a way for anyone to get an idea of the financial performance of a company by using the information contained in the financial statements. Ratios are grouped into four basic categories, liquidity, activity, profitability, and financial leverage. This document will use a variety of these ratios to analyze the firm, Sample Company, as of December 31,2000.
Firms and Companies include ‘Ratios’ in their external report to which it can be referred as ‘highlights’. Only with the help of ratios the financial statements are meaningful. It is therefore, not surprising that ratio analysis feature are prominently in the literature on financial management. According to Mcleary (1992) ratio means “an expression of a relationship between any two figures or groups of figures in the financial statements of an undertaking”.
Ratio analysis is the fundamental indicator of company’s performances for so many years; it is also can be seen as the very first step to measure a company’s performance along with its financial position. Moreover, ratio analysis has been researched and developed for many years, Bliss had presented the first coherent system of ratios, and he also stated that ratios are “indicator of the status of fundamental relationship within the business” Horrigan (1968). However there are some arguments on whether the ratio analysis is useful or not since to conduct these analyses will be costly to the company, also there are several limitations on how these ratios work. Therefore, the usefulness and the limitation of ratio analysis will be discussed further in this essay, with the use of easyJet’s annual report as examples.