MHC6305 WEEK 2 DISCUSSION AND PROJECT INSTRUCTIONS

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Week2Project-MHC6305-FinancialManagementofHealthcareOrganizationsBalanceSheet.pdf

6/8/2021 Week 2 Project - MHC6305-Financial Management of Healthcare Organizations SU01

https://myclasses.southuniversity.edu/d2l/le/content/78100/viewContent/3535775/View 1/4

Week 2 Project

Instructions

MHC6305-Financial Management of Health… FW

Before beginning work on this assignment, please review the expanded grading rubric

for specific instructions relating to content and formatting.

Review the following information on balance sheet analysis and business calculations:

Balance Sheet Analysis

Calculating Debt Ratio in Excel

Calculating Working Capital

Review the following balance sheet:

Best Care Health Maintenance Organization (HMO)

Balance Sheet

June 30, 2011 (in thousands)

Assets

Current assets:

Cash

Net premiums

receivable

Supplies

$2,737

$821

6/8/2021 Week 2 Project - MHC6305-Financial Management of Healthcare Organizations SU01

https://myclasses.southuniversity.edu/d2l/le/content/78100/viewContent/3535775/View 2/4

$387

Total current assets $3,945 $3,945

Net property and

equipment

$5,924

Total assets $9,869

Liabilities and Net

Assets

Accounts payable—

medical services

$2,145

Accrued expenses $929

Notes payable $382

Total current

liabilities

$3,456 $3,456

Long-term debt $4,295

Total liabilities $7,751 $7,751

Total assets $9,869

Net assets-

unrestricted (equity)

$2,118

Total liabilities and

net assets

$9,869

Answer the following questions after your analysis: