The following 4 – questions need to be answered in at least one paragraph. It must be fully answered with examples. These questions are based in healthcare; therefore the responses must be healthcare related.
Please dont give one word responses. Each paragraph must be at a minimum of 200 words.
If it states Provide support for your strategy or support for your rationale It must be included.
If you cannot follow the above instructions please dont take the assignment.
1. Suggest one (1) key financial ratio that a health care administrator should create a trend analysis for.
2. Suggest one (1) key insight that may be gained by the administrator in regard to the performance of the organization. Provide support for your rationale.
3. Use the Internet databases to research the current and projected inflation rates and the related impact expected on health care costs. Next assess the level of importance of one (1) key driver of the inflation of health care costs.
4. Indicate how this inflation can be managed strategically in the future to minimize the financial impact. Provide support for your rationale.