{"id":89877,"date":"2022-08-22T13:21:57","date_gmt":"2022-08-22T13:21:57","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/operating-and-financial-performance-indicators\/"},"modified":"2022-08-22T13:21:57","modified_gmt":"2022-08-22T13:21:57","slug":"operating-and-financial-performance-indicators","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/operating-and-financial-performance-indicators\/","title":{"rendered":"Operating and financial performance indicators"},"content":{"rendered":"<div>\n<p>\u00a0<\/p>\n<p>Health care leaders depend on sound operating and financial performance indicators to make decisions regarding working capital management, capital budgeting, and resource allocation. These indicators help organizations maximize performance and strategically plan for new initiatives. For this Discussion, you select a health care organization and examine how its leaders and managers use operating and financial performance indicators in their decision making.<\/p>\n<p><strong>To prepare:<\/strong><\/p>\n<ul>\n<li>Select a health care organization and locate its operating (i.e., utilization rate) and financial data. You may want to use a not-for-profit health care system, as they usually post their annual reports online.<\/li>\n<li>Identify one operating indicator (e.g., length of stay, admission, etc.) and two financial performance indicators (e.g., cash and cash equivalents, accounts receivable, accounts payable, short-term loans, etc.).<\/li>\n<\/ul>\n<h4><\/h4>\n<p><strong>Post<\/strong> a cohesive response to the following:<\/p>\n<p>Identify the health care organization you selected, and describe one operating indicator and two financial performance indicators of the organization. Analyze how leaders and managers use these indicators when making decisions about working capital management, capital budgeting, and resource allocation. Support your response by identifying and explaining key points and\/or examples presented in the Learning Resources.<\/p>\n<p><strong>Resources:<\/strong><\/p>\n<p>\u00a0<\/p>\n<blockquote><p>Walston, S. L. (2014). <em>Strategic healthcare management: Planning and execution<\/em>. Chicago, IL: Health Administration Press.<br \/>Chapter 4, \u201cGrowth and Integration Strategies\u201d (pp. 73\u201394)<br \/>Chapter 5, \u201cStrategic Alliances\u201d (pp. 99\u2013114)<br \/>Chapter 9, \u201cStrategic Financial Analysis\u201d (pp. 201\u2013226)<\/p><\/blockquote>\n<blockquote><p>Wayland, M. S., &amp; McDonald, W. G. (2016). <em>Strategic analysis for healthcare: Concepts and practical applications<\/em>. Chicago, IL: Health Administration Press.<br \/>Chapter 11, \u201cFinancial Statement and Ratio Analysis\u201d (pp. 73\u201377)<br \/>Chapter 26, \u201cFinancial Fit Assessment and Projection\u201d (pp. 173\u2013176)<\/p><\/blockquote>\n<blockquote><p>Agundu, P., &amp; Imegi, J. C. (2014). Domestic debt and strategic financial management imperatives in Nigeria: Casual diagnosis. <em>Journal of Financial Management &amp; Analysis, 27<\/em>(1), 41\u201353. <br \/><strong>Note:<\/strong> Retrieved from Walden Library databases.<\/p><\/blockquote>\n<blockquote><p>Ciobota, G., &amp; Velea, A. (2015). The strategic positioning of the financial banking companies\u2014Key factor for achieving competitive advantages. <em>Knowledge Horizons, 7<\/em>(1), 103\u2013106. <br \/><strong>Note:<\/strong> Retrieved from Walden Library databases.<\/p><\/blockquote>\n<blockquote><p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/www.fao.org\/docrep\/W4343E\/w4343e07.htm\" title=\"Capital budgeting\">Food and Agriculture Organization of the United Nations. (1997). <em>Chapter 6 \u2013 Investment decisions \u2013 Capital budgeting<\/em>. Retrieved from http:\/\/www.fao.org\/docrep\/W4343E\/w4343e07.htm<\/a><\/p><\/blockquote>\n<blockquote><p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ifrnd.org\/journal\/index.php\/jebs\/article\/view\/589\/589\" title=\"Journal of Economics and Behavioral Studies\">Gopal, S., &amp; Kumar, D. M. (2015). Strategic interventions in tackling poor performance of service departments: Study on Muhibbah engineering. <em>Journal of Economics and Behavioral Studies, 7<\/em>(4), 6\u201313. Retrieved from https:\/\/ifrnd.org\/journal\/index.php\/jebs\/article\/view\/589\/589<\/a><\/p><\/blockquote>\n<blockquote><p>Karadag, H. (2015). Financial management challenges in small and medium-sized enterprises: A strategic management approach. <em>Emerging Markets Journal, 5<\/em>(1), 26\u201340. <br \/><strong>Note:<\/strong> Retrieved from Walden Library databases.<\/p><\/blockquote>\n<blockquote><p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/www.studyfinance.com\/lessons\/workcap\/\" title=\"Working capital management\">Maneval, E. (2015). <em>Working capital management<\/em>. Retrieved from http:\/\/www.studyfinance.com\/lessons\/workcap\/<\/a><\/p><\/blockquote>\n<blockquote><p>Zavorotniy, R. (2014). Problems of the analysis of strategic financial value-based benchmarks of the Ukrainian enterprises. Economics &amp; Sociology, 7(1), 39\u201347.<br \/><strong>Note:<\/strong> Retrieved from Walden Library databases.<\/p><\/blockquote>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 Health care leaders depend on sound operating and financial performance indicators to make decisions regarding working capital management, capital budgeting, and resource allocation. These indicators help organizations maximize performance and strategically plan for new initiatives. For this Discussion, you select a health care organization and examine how its leaders and managers use operating and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-89877","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/89877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=89877"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/89877\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=89877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=89877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=89877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}