Explore BrainMass

Explore BrainMass

    Financial Ratios and Financial Health

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    In relation to health care, how might financial ratios be used to determine the organization's financial health? What are some examples?

    Describe in at least 200 words.

    © BrainMass Inc. brainmass.com March 5, 2021, 12:21 am ad1c9bdddf

    Solution Preview

    Financial ratios in relation to healthcare organizations is important to management's ability to be either proactive and reactive with appropriate and effective decisions. Achieving this objective is known as bench marking. Three main forms of bench marking are historical ratio analysis/bench marking, industry bench marking, and financial ratio analysis. Historical bench marking is an ...

    Solution Summary

    Financial ratios and financial health are examined.