design an operating budget for a healthcare organization. For a for-profit entity, you can find the financial statements and any additional information on one of the many sites where such information is available, such as Zacks Investment Research, Yahoo Finance, MarketWatch, etc. For example, search the site with HCA Holdings’ ticker symbol (“HCA”) and then look for the “Financial” tab or section when you come to the site’s HCA Holdings page. For the not-for-profit entity, you can locate a local, regional, or national nonprofit, religious-based healthcare system, and download and review the financial statements.Your project will have the following components:
Financial and operational analysis
Benchmarks and comparative analysis
Appendix Section and as needed (not included in the required page count)
Project ObjectivesTo successfully complete this project, you will be expected to:
Apply fundamental concepts and practices of financial management and accounting to a healthcare organization.
Analyze financial statements and other reports to evaluate the overall operational and financial stability of a healthcare organization.
Demonstrate an understanding of how financial indicators are used to make assumptions about future financial performance.
Demonstrate an understanding of how operational indicators are used to make assumptions about future operational performance.