Assignment Question
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. 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. You must cite all material used using the APA method. You must use clear examples to show that you understand the question and the answer. All examples must be health care examples. You must explain terms being used.
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