Suggest one (1) key financial ratio that a health care administrator should create a trend analysis for.Suggest one (1) key financial ratio that a health care administrator should create a trend analysis for. Suggest one (1) key insight that may be gained by the administrator in regard to the performance of the organization. Provide support for your rationale.
Week 6
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Suggest one (1) key financial ratio that a health care administrator should create a trend analysis for. Suggest one (1) key insight that may be gained by the administrator in regard to the performance of the organization. Provide support for your rationale.
Use the Internet to research the current and projected inflation rates and the related impact expected on health care costs. Next, assess the level of importance of one (1) key driver of the inflation of health care costs. Indicate how this inflation can be managed strategically in the future to minimize the financial impact. Provide support for your rationale.
Required Resource, however supplemental resources can be added. Baker, J. (2014.) Healthcare finance: Basic tools for nonfinancial managers (4th ed.). Sudbury, MA: Jones and Bartlett.
Write clearly and concisely about health financial management using proper writing mechanics.
1 page double-spaced; 12 point, Times New Roman font; following APA requirements
References should be on a separate reference page, appropriately double-spaced, and organized alphabetically.
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