Ratio Computation for Patton-Fuller Community Hospital Virtual Organization Team D HCS/405 July 23rd‚ 2014 David Lang Ratio Computation for Patton-Fuller Community Hospital Virtual Organization In this paper‚ we will review the financial statements of the Patton-Fuller Hospital Virtual Organization. It will consist of computing eight different ratios based on unaudited financial statements‚ and we will then critique its operating results and financial position. The comparison of the unaudited
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Patton-fuller community hospital case study Abstract Finance‚ understanding how it affects the smallest business to the largest organization‚ is the origin to financial success in businesses. According to Gitman (2006)‚ finance is the art and science of managing money. Virtually every individual business and large organization‚ Be the organization for profit or non-profit‚ depends on the rates at which these entities earn‚ or raise money‚ and the rate at which they spend or invest these earned
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Patton-Fuller Community Hospital Joshua Harris NTC/362 August 9th‚ 2012 Richard Douglass Patton-Fuller Community Hospital ”Patton- Fuller Community Hospital has prided itself on providing top-of-the-notch not-for-profit health care organization since their opening in 1975” (University of Phoenix‚ 2012). The hospital’s specialty is in providing high-quality health care to all patients‚ and establishing peaceful work relationships within the staff. Services provided
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Patton-Fuller Community Hospital Networking Introduction: Patton-Fuller Community Hospital has been serving the needs of its community since 1975. To maintain functionality over such a long span of time‚ Patton-Fuller has had to adapt to changing technologies. Today‚ Patton-Fuller utilizes Information Technology to its fullest‚ establishing a network in which vital data can be transferred both internally and externally with ease and speed. The communication of this data can be visualized via
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revenue and expenses. In the case of Patton and Fuller it was considered a successful year in 2009. The hospital gets 80% of its revenue from inpatient activities. The net patient revenue increased in 2009 by more than 9%. Here are copies of both the balance sheet and the statement of revenue and expenses. Patton - Fuller Community Hospital Balance Sheet as of December 31‚ 2009 and 2008 (In thousands) (Audited) 2009 | 2008 | Assets | Current Assets | Cash and Cash Equivalents
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Patton Fuller Community Hospital (PFCH) has been a not for profit healthcare facility since 1975 with a focus on providing the highest quality of healthcare. PFCH specializes in the following services; emergency medical care‚ specialized surgical procedures‚ baby delivery and prenatal care‚ physical therapy‚ and has a well-established radiology department. Being one of the primary healthcare facilities in their area‚ PFCH has raised the bar by providing a diverse selection of health programs that
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Introduction Patton-Fuller Community hospital is committed to offering our patients innovative medical services. This is not possible if the financial staff does not take steps to ensure the relationship between sources and expenses reflect positive results. Understanding the differences between the audited and unaudited financial statements will allow the facility to balance its finances. We will evaluate the effects of revenue sources for planning and control. Examining the differences between
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Patton-Fuller Ratio Computation Shourn Henderson‚ Marilyn Lilly‚ Noralva Rodriguez HCS/405 February 11‚ 2013 Dr. Ben Kukoyi Patton-Fuller Ratio Computation Introduction This paper will address the ratio computations to Patton-Fuller Community Hospital taken from Audited and Unaudited Reports from 2008-2009. From 2008-2009 the existing assets reduced‚ but showed a growth in the hospital’s responsibilities. The hospital is presently making adequate revenue to cover the debts‚ which
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Patton-Fuller Community Hospital Request for Project (RFP) CMGT 554 / IT Infrastructure Patton-Fuller Community Hospital Request for Project (RFP) The following document shall serve as the RFP (Request for Project) for the Patton-Fuller Community Hospital. Team A has researched the hospital’s current IT systems seeking ways to ensure many years of continued success and compliance with the very best practices in the IT community today. Specific areas such as networking architecture design
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Introduction Since its inception in 1975‚ Patton – Fuller Community Hospital has been dedicated to providing cutting-edge medical care to the people of Kelsey and the surrounding communities. PFCH is a for-profit hospital and is owned by physicians active at the facility. Quality patient care is the key to a hospital’s success and as shareholders in PFCH. The hospital has seven network diagrams divided into two areas; the first one is clinical areas‚ which include ERs and ORs‚ Pharmacy‚ Labs‚
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