Financial Analysis Over the Last Case Study

This is significant, because the increases in these levels are an indication that the management is engaging in responsible financial practices to pay off of their debt obligations. (Finkler, 2010, pp. 558 -- 561)

Review the notes. Do any of them raise cause for concern?

When reviewing the notes, there is nothing unusual that is causing concern about any kind of sudden shifts in the financial strength of the hospital. (Finkler, 2010, pp. 558 -- 561)

What do you think of Major Medical Center's financial status? Explain your analysis

At the moment, Major Medical Center is in a strong financial position. However, between 2011 and 2012 the hospital has been taking steps that have been reducing their underlying financial standing. Evidence of this can be seen by looking no further than the decrease in: the quick, current, debt and debt to equity ratios. As, they have been declining from 2011 to 2012, which is highlighting how there are a number of financial challenges that the organization has been facing.To deal with these issues, they have been taking on more debt. Once this occurs, it means that that these numbers will begin to consistently decline. As a result, the hospital is currently in strong shape financially speaking. However, if the current trend continues this means that their position will become weaker in the future. This is significant, because it is showing how the administration needs to be aware of the trends that are developing and they must take steps to mitigate them in the future. If this kind of approach can be utilized, it will help to ensure that the hospital is able to remain competitive, while adjusting to the transformations that are occurring inside the industry. (Finkler, 2010, pp. 558 -- 561)

Bibliography

Growing Trend of Community Hospital Closures. (2011). Joint Center. Retrieved from: http://www.jointcenter.org/hpi/news/americas-wire-releases-new-article-growing-trend-hospital-closures-minority-communities-across-

Finkler, S. (2010). Financial….....