HSM 4541 (301) Health Care Finance HSM 4541 Financial Statement Analysis This Financial Statement Analysis & Reporting Assignment will require you to utilize the skills and knowledge gained throughout the course, access resources from all the modules and Chapter 13 in your textbook (See Appendix A and Appendix B)

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HSM 4541 (301) Health Care Finance HSM 4541 Financial Statement Analysis This Financial Statement Analysis & Reporting Assignment will require you to utilize the skills and knowledge gained throughout the course, access resources from all the modules and Chapter 13 in your textbook (See Appendix A and Appendix B). You will apply your analytical skills to assess an organization's financial status. Your final paper should be 5-6 pages (5 double-spaced pages is the minimum). Selecting the Organization Step 1: Go to www.dacbond.com. (You will need to register to access the system.) Alternative Step 1: If you would like to do your paper on a Long Term Care organization click here to download LTC Financial Statements. Step 2: Find one major healthcare organization from the State you signed up for. Download and review their most recent audited financial statements. Confirm that the record contains all three financial statements: ? Operations Statement ? Cash Flow Statement ? Balance Statement If you cannot find a good financial statement in your selected state, I will re-assign you a new state. Suggested Outline Page 1: Organizational overview and description Who they are, what they do and financial comparisons of major revenue and expense categories from the 2 year period being reviewed. Compare the 2 periods in actual dollar amounts and percent changes. Pages 2-3: Income Statement Provide financial highlights from the income statement. Select and calculate two ratios. Explain your findings and what you are able to understand about this organization from these ratios (minimum of one page per financial statement ratio analysis). Compare the organization's ratio to the industry average and include that in your analysis. Page 4-5: Cash Flows Statement Provide an overview of the cash flow statement. Select and calculate two ratios. Explain your findings and what you are able to understand about this organization from these ratios Updated for Spring 2021 HSM 4541 (301) Health Care Finance (minimum of one page per financial statement ratio analysis). Compare the organization's ratio to the industry average and include that in your analysis. Page 5-6: Balance Sheet Provide an overview of financial highlights from the balance sheet. Select and calculate two ratios. Explain your findings and what you are able to understand about this organization from these ratios (minimum of one page per financial statement ratio analysis). Compare the organization's ratio to the industry average and include that in your analysis. Page 6: Conclusion Write a paragraph that summarizes your report. Ratios Industry Comparisons are required for the ratios, use the textbook and textbook companion site as your primary resources. Read Financial Statement Interpretation and use it as a guide and resource. It does not indicate the exact requirements of the assignment. Accessing healthcare industry ratio information can be a challenge as some of the data in behind pay walls and require a subscription. You might try; Merit Research Service; Becker’s CFO Report, Ready Ratios; and CliftonLarsonAllen (CLA.com) for long-term care facility information. Submission Guidelines Include: ? Operations Statement from DAC website ? Cash Flow Statement from DAC website ? Balance Statement from DAC website ? Your Report ? Any spreadsheets you used for calculations Grading Rubric Overview (16 points) Exemplary Proficient Developing Report contains organization description, a comparison of 2 years in appropriate categories, and figures are in both dollars and percentages. (16 points) Report has at least one insufficient organization description, a comparison of 2 years in appropriate categories, or lacks figures are in both dollars and Report has more than one insufficient organization description, a comparison of 2 years in appropriate categories, or lacks Updated for Spring 2021 Fails No Overview present. (0 points) HSM 4541 (301) Health Care Finance percentages. (12 points) figures are in both dollars and percentages. (8 points) Income Statement (16 points) Report contains: A summary of the income statement. Two ratios are calculated. The ratios are explained and appropriate conclusions are drawn about the organization. Results are compared to industry averages. (16 points) Report is insufficient in one of the following: A summary of the income statement. Two ratios are calculated. The ratios are explained and appropriate conclusions are drawn about the organization. Results are compared to industry averages. (12 points) Report is insufficient in more than one of the following: A summary of the income statement. Two ratios are calculated. The ratios are explained and appropriate conclusions are drawn about the organization. Results are compared to industry averages. (8 points) No Income Statement present. (0 points) Cash Flow Statement (16 points) Report contains: A summary of the cash flow statement. Two ratios are calculated. The ratios are explained and appropriate conclusions are drawn about the organization. Results are compared to industry averages. (16 points) Report is insufficient in one of the following: Two ratios are calculated. The ratios are explained and appropriate conclusions are drawn about the organization. Results are compared to industry averages (12 points) Report is insufficient in more than one of the following: Two ratios are calculated. The ratios are explained and appropriate conclusions are drawn about the organization. Results are compared to industry averages (8 points) No Cash Flow Statement present. (0 points) Balance Sheet (16 points) Report contains: A summary of the balance sheet statement. Two ratios are calculated. The ratios are explained and appropriate conclusions are drawn about the organization. Report is insufficient in one of the following: A summary of the balance sheet statement. Two ratios are calculated. Report is insufficient in more than one of the following: A summary of the balance sheet statement. Two ratios are No Balance Sheet present. (0 points) Updated for Spring 2021 HSM 4541 (301) Health Care Finance Results are compared to industry averages. (16 points) The ratios are explained and appropriate conclusions are drawn about the organization. Results are compared to industry averages. (12 points) calculated. The ratios are explained and appropriate conclusions are drawn about the organization. Results are compared to industry averages. (8 points) Conclusion (8 points) Report contains a thoughtful and appropriate conclusion (8 points) Conclusion is present, but lacks some of the significant summary elements. (6 points) Conclusion is present, but fails to demonstrate an appropriate summary of financial statements. (4 points) A conclusion not present. (0 points) Submission Guidelines (3 points) Submission upload contains the name of the organization, the three statements, the report and supporting spreadsheets. (3 points) Submission upload lacks one of the following the name of the organization, the three statements, the report and supporting spreadsheets. (2 points) Submission upload lacks two of the following the name of the organization, the three statements, the report and supporting spreadsheets. (1 point) Submission upload lacks three or more of the following the name of the organization, the three statements, the report and supporting spreadsheets. (0 points) Updated for Spring 2021