Ratios Project
Ratio Project for a hospital
In my Health finance and budgeting PBHL-H352 class, I worked on ratio project. This project allowed me to collaborate with my peers and perform a financial assessment on a hospital of my professors choosing. We examined key financial indicators to assess the hospitals overall financial health.
What I learned
This assignment helped me strengthen my ability to interpret financial statements and create them into meaningful insights for the organization. I learned how to calculate and evaluate ratios. The most important thing about the assignment was that it allowed me to understand the metrics behind the leadership decisions.
Program Competencies
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Demonstrate effective written communication and oral communication skills.
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Collaborate in teams utilizing interpersonal skills, recognizing and demonstrating sensitivity to different points of view.
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Demonstrate behaviors that align with ethical, legal, and professional standards.
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Develop leadership skills to ensure all team members are valued, inspired, and respected.
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Describe the structure and functioning of health delivery, public health, and health services organizations and the importance of a population health perspective.
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Apply data and health information technology to inform organizational performance and decision making.
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Utilize financial tools, principles, concepts, and practices to analyze budgets and financial documents to determine the financial performance of health services organizations.