Read the case study Goth Medical Center: Assessing Hospital Performance Based on Rhode Island Health Plans -
Read the case study “Goth Medical Center: Assessing Hospital Performance”
Based on Rhode Island Health Plans - Assessing HMO Performance, answer the following questions (A similar analysis has been conducted in the Goth Medical Center reading material):
- How would you use the information provided in the case to conduct a financial statement and operating indicator analysis? How would you use both national and state competitor data in the analysis? Provide an example of how you would conduct the analysis.
- What are the financial and operating strengths and weaknesses based on the information provided?
- On the basis of the limited amount of information provided in the case, what are your recommendations to the board to correct any weaknesses noted?