What would you present to the CEO based on the outcome of your analysis?

Introduction to the Activity
Understanding the measurement options and comparative data are important to the discussion. Remember, you are scheduling your professional staff and NOT patients.
Instructions to Learners
The first question in this discussion is based on your opinion, so you can begin by posting immediately. Please meaningfully integrate your readings including the text, articles, and module notes to the subsequent questions.
First, let’s start with question #1. Discuss this question based on your own opinion. First meaningful post made within the first 3 days in the module:
Over recent weeks, we have seen a theme of measuring our own organization’s viability by comparing our financial reports and budgets with those of other health care organizations similar on some level to ours. What do you believe to be some of the benefits and drawbacks to using other organizations as a litmus test for our organization?
Based on what you have learned in your research and readings, let’s discuss the following. Begin this part of the discussion no later than Wednesday.
Now, let’s apply what we have read this week, beginning with common sizing.
How can common sizing assist you in comparing your financial reports with those of other organizations?
What are some specific budget line items you might compare in a common sizing report for a health organization? Support why you chose them.
Let’s assume that the CEO of a mid-sized hospital has asked you to forecast the expenses for next year for the cardiac care unit of your hospital. You have decided that performing a trend analysis would be ideal.
Based on the module notes and readings, what area, revenue or expense item/category would you include in your trend analysis for your organization. Explain why.
If you could choose only two (2) ratios from the eight ratios discussed this week, which ones would you apply to get a sense of how the unit is doing. Explain why.
What would you present to the CEO based on the outcome of your analysis?
When discussing these financial tools, you will need to draw examples from your experiences, the readings, and other credible resources gathered from the Excelsior Library. Remember that an active discussion is the key to an interesting and engaging online course, so start early. Please do not attach any files to the discussion threads.

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