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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1. Determine at least three (3) different internal and external stakeholders that Dr. Doright might have to deal with on a daily basis at the hospital. Discuss the duty of loyalty owed to each internal and external stakeholder. (1) Shareholders: Shareholders have the right to attempt to influence the actions of management. They can do this by putting nonbinding proposals forward-called resolution-to be voted upon at annual shareholder meetings. In advance of each annual meeting‚ shareholders are
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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 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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entities as members. Its expertise is in transport and logistics to work hand in hand with aid agencies on helping the victims of crises and families whose lives are scarred by poverty. IHC capabilities for delivering help is eight hours by air to two thirds of the world population some of the worst humanitarian crises that includes tsunami in Southeast Asia‚ recurring drought of Africa‚ Civil unrest in Afghanistan and Darfur and the 2010 earthquake in Haiti. IHC also has been engaged on emergency
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Museum stakeholders are a group of people that share a special interest in the museum. There are internal stakeholders and external stakeholders. The main stakeholders of the museum might include the state’s central and local government or governmental agencies‚ the local communities‚ financial contributors or members‚ corporate sponsors‚ friends‚ schools and universities‚ and various individuals to include paid employees‚ volunteers‚ trustees‚ and donors. Having stakeholders is considered a best
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different reports used such as a balance sheet and also a statement of 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
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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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An analysis of Patton-Fuller Community Hospital Network systems James doglas CMGT/554 December 19‚ 2011 Carol Eichling An analysis of Patton-Fuller Community Hospital Network systems Patton – Fuller community hospital’s network system consist of two major parts‚ the first part is the executive part that connects the hospitals executive management‚ human resources department‚ operations‚ IT and data center‚ etc.‚ the first network is connected using a 1000base-T Gigabyte network connection
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