Economics Homework Help

Harris Memorial Hospital and Finance Health Care Thesis Paper

 

Question 1
Conduct a financial and operations analysis using the Harris Memorial Hospital
financial statements and information provided in the dashboard for Harris
Memorial Hospital. You must include information provided regarding its nearest
competitor, Eastside Medical Center and U.S. Medians. You must address at
least 10 of the following 13 Critical Performance Drivers:

A. Market Factors

B. Pricing

C. Coding

D. Contract Negotiation

E. Overall Cost

F. Labor Costs

G. Departmental Costs

H. Supply and Drug Costs

I. Service Intensity

J. Non-operating Income

K. Investment Efficiency

L. Plant Obsolescence

M. Capital Position

For each Critical Performance Driver that you choose to analyze, do not leave
out any of the Data Elements under that performance driver in Table 11-1!

Question 2
Discuss conclusions relating to the above analysis and recommendations to
improve the financial performance of the facility.