Which operational research method is used to improve on patient experience and outcomes? How is it being measured? Can you think of something not being mentioned or considered that should (i.e; ethnicity, socioeconomics, barriers, etc.?)?

Assignment questions:

1. Which operational research method is used to improve on patient experience and outcomes? How is it being measured? Can you think of something not being mentioned or considered that should (i.e; ethnicity, socioeconomics, barriers, etc.?)?

2. Is patient demand exceeding healthcare capacity? If yes, why? What is being done to address the “why”? If not, why?

3. Productivity metrics. Find an article that can help you address the leading barrier affecting your patients (i.e; wait times for appointments, patient engagement around life style changes, etc..)?

4. ROI. Is the cost treatment financially beneficial to the organization? Is treatment beneficial to the patient? Are both parties satisfied?

What instructions should have put in place to ensure that the maximum loss this transaction could have incurred is close to 22%? (10 pts)

Math/Physic/Economic/Statistic Problems

If  were to cover (close) all 150 contracts out at a price of 104.90 per lb., what is my ROI, both in dollars and percentage? (10 pts)

What instructions should have put in place to ensure that the maximum loss this transaction could have incurred is close to 22%? (10 pts)

What recommendations do you have regarding the responsibility of a governing body (i.e. boards) to approve/disapprove the purchasing of a new product?

Assess the governance and decision making processes necessary for making decisions related to the assessment, evaluation, return on investment (ROI) analysis, and eventual purchasing of a new HIT product for a healthcare organization.

What recommendations do you have regarding the responsibility of a governing body (i.e. boards) to approve/disapprove the purchasing of a new product? As always you should be writing in the third person point of view.

Have you included and Referenced the strategy, mission and Vision?Have you analysed the last 3 years of Balance sheet?

Strategic financial planning

Have you inserted the headersheet?
Have you inserted the company name?
Have you written an introduction?
Have you included and Referenced the strategy, mission and Vision?
Have you done and Referenced SWOT, PEST?
Have you analysed the last 3 years of P&L?
Have you done and Referenced the P&L ratios?
Have you analysed the last 3 years of Balance sheet?
Have you done and Referenced the Balance sheet?
Have you done the:
Investment proposal,
Impact on the company,
costs and benefits,
Break even,
ROI
Have you references using Harvard style?

Consider all of the ratios discussed so far. Is the company’s strength the fact that the debt management ratios are improving? Or is it that the liquidity ratios are increasing? Is the company’s weakness that the turnover ratios are declining? Or is the company’s weakness that debt management ratios are weakening?

Financial Ratio Analysis

Part 1:
A) Summarize the trends in your company’s ratio performance over the 3 most recent years. Be sure to address the following ratios included in Appendix C:

–1.Profitability ratios: ROA, ROE, return on investment (ROI).

–2. Liquidity ratios: quick ratio, current ratio.

–3. Debt management ratios: long-term debt to equity, total debt to equity, interest coverage ratio.

–4. Asset management ratios: total asset turnover, receivables turnover, inventory turnover, and accounts payable turnover.

–5. Per share: book value per share.

Part 2:
A) Interpret whether the trend for each ratio (listed in Part 1) is an improvement or a decline in performance for the company.

B) Create a table that lists each ratio as either a strength or a weakness in the most current year, based on its trend and your interpretation.

C) Determine the overall financial strength of the company based on the ratios identified as either strengths or weaknesses.

–1. Consider all of the ratios discussed so far. Is the company’s strength the fact that the debt management ratios are improving? Or is it that the liquidity ratios are increasing? Is the company’s weakness that the turnover ratios are declining? Or is the company’s weakness that debt management ratios are weakening?

–2. Categorize the company’s overall ratio performance as either strong, neutral, or weak, based on your determination from the ratios.

Part 3:
A) Compare your chosen company’s ratio performance to the industry competitor ratios in the most recent year based on

Appendix D. Be sure to address the following ratios included on Appendix D:

–1. Profitability ratios: ROA, ROE, gross margin, and net margin.

–2. Liquidity ratios: quick ratio and current ratio.

–3. Debt management ratios: long-term debt to equity, total debt to equity, and interest coverage ratio.

–4. Asset management ratios: asset turnover and inventory turnover.

B) Create a table that lists each ratio as either higher or lower than the average ratio for the competitors in the industry.

Part 4:
A) Categorize the company’s overall financial performance as either better than average, average, or worse than average compared to the industry based on the ratios.

B) Interpret which ratios are the most important and explain your reasoning.

C) Justify your conclusion based on the table you created, your interpretation of which ratios are the most important, and the company’s overall ratio performance compared to the industry competitors.

What statements were utilized for formulating your proposal. Why? Select the appropriate statements for analysis and defend your choices.

5-2 Final Project: Milestone Two

To complete this part of the assignment, the following items, as well as those listed above, must be addressed:

I. Budget ( Note: Respond to the following critical elements in the proposal outline, not on the Excel document)

A. Statements: What statements were utilized for formulating your proposal. Why? Select the appropriate statements for analysis and defend your choices.

B. Expenses: What major expenses are associated with your proposal items?

C. Budgetary Accounts: What budgetary accounts (i.e., salaries) are impacted, and in what way?

D. Reasoning: Based on the previous year’s budget data, why did you select these budget items for adjustment over other options?

E. Ratios: Research the various ratio options (including ROI) used for reviewing financial statements.

Determine what ratios you will use for your proposal items and explain why.

F. Ratio Calculations: Using budget statements, formulate calculations that support each recommendation.

G. Projected Departmental Budget: Create a projected departmental budget for the upcoming year that incorporates the costs of the proposed
changes.

NB//: Milestone 1 is below also it s the follow up of the first one. Address all those questions.

Justify your costs. Include possible risks. Are there other elements that you need to include like the cost of goods sold (COGS) or marketing? Include this in your final project plan

Create and submit a financial plan that will be included in your final project.
Put together a table in your plan that shows income and expenses that will need to result in your ROI.

Justify your costs. Include possible risks. Are there other elements that you need to include like the cost of goods sold (COGS) or marketing? Include this in your final project plan