Question

Write your impression and or comment about the assets, liabilities, net worth, revenues, etc. found on your balance sheet. Would you prefer more details? Yes or No? Explain your reasoning.

Do you think the balance sheet you have posted/reported gives you useful information? Why or Why not? How do you think it could be improved? Explain your reasoning.

Refer to Chapter 5: What do you believe the proportion of revenues from different sources is for any healthcare organization?Do you believe this proportion (payer mix) will change in the future? Why?Explain your reasoning.

The Johns Hopkins Hospital Balance Sheets, continued June 30, 2012 and 2011 (in thousands) 2012 2011 $ LIABILITIES AND NET AS

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Answer #1

Yes, i would more details than what are disclosed here in the financial statements because there is no clear bifurcation of the assets. Because one cannot come upon a conclusion about the position of the company by directly having a look at the total assets. Clear conclusion can be drawn only after analysing the assets individually.

We can improve the presentation of the above balance sheet by expanding the groups or else we can go for schedules individually for each of the groups.

As no information is provided regarding chapter 5 , there is no scope for answering the last question.

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