Question

1) Locate a health care-related balance sheet.

- The source of the balance sheet can be internal (within a health care facility, heath care organization, health care institution of some type) or external health care related article that includes a balance sheet (from a published article or from a health care company’s annual report, for example). The balance sheet of choice can also be on a quarterly basis and or annual basis.

-Post a copy of the balance sheet as a Link (URL), JPEG, screen shot, PDF or copy and paste the balance sheet within the discussion board forum with your response.

2) 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.

3) 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.

4) 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.

A minimum of one reference is required to support your response to the discussion question and reply to a classmate. You may cite the course required textbook and or other sources. Make sure your references are in APA format.

Answer 1

Through the year, there has been decline in cash and cash equivalents.

Through the year if we observe ,we can see that current ratio which was 2.22 in 2012 has declined considerably to 1.49 in 2015. Same is evident from decline in overall working capital throught the years. The health care facility is maintaining consistent debt levels.However therehas been increase in retained earnings through the year. The company has been able to consistent debt to equity ratios through the years with marginal increase in 2015.

	12/31/2015	12/31/2014	12/31/2013	12/31/2012
Total Current Assets	43804000	55595000	56244000	64831000
Total Current Liabilities	29399000	21587000	23366000	29186000
Current ratio=Current Assets/Current Liabilities	1.49	2.58	2.41	2.22
Working capital(CA-CL)	$14,405,000	$34,008,000	$32,878,000	$35,645,000
Total debt=CPLTD+LTD	42,970,000	41,035,000	40,482,000	44,041,000
Total Equity	64,720,000	71,301,000	$76,307,000	$81,260,000
D\E	0.66	0.58	0.53	0.54