Organization’s Financial Condition Discussion

Organization’s Financial Condition Discussion
First, start with your department selection. You must identify a department which is likely to exist within the organization. The department can have a clinical function (e.g., surgery or radiology) or a support function. If you do not have experience working in healthcare, you might want to identify a department with a support function that is similar to one in which you have worked in the past, such as accounting, human resources, facilities, etc. Organization’s Financial Condition Discussion

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Doing so will give you more insight into the potential needs of the department. Creating your proposal will require close analysis of historical budgetary information for the organization, research regarding healthcare trends, and careful alignment of your proposal to the organization’s mission, vision, and values. Second, review the financial statements and information provided in the links below regarding the organization. You do not need to do a complete analysis of the financials at this point. The goal of your review at this point in time is to acquaint yourself with the basics of the organization’s finances. How do expenses compare to revenue and assets? How do the materials provided portray the organization’s financial condition? Finally, after you have familiarized yourself with the organization, consider healthcare trends alongside the organization’s mission and current financial condition. What trends are likely to impact the organization? What opportunities and challenges might those trends pose to the organization? How might all these factors impact the organization’s mission moving forward?
Organization’s Financial Condition Discussion