Question: Assignment Part 4 Good management, bad management (20 points) Choose a hospital or medical center that you are familiar with (for example: you work there,

Assignment Part 4 Good management, bad management
Assignment Part 4 Good management, bad management (20 points) Choose a hospital or medical center that you are familiar with (for example: you work there, you have been working there, you studied there, you or a close person of you were patient there or else). Use internet and find information about their financial management as financial reports, management reports etc. After that answer to the questions below (2 pages max): 4.1 What are the major business risks for your chosen healthcare organization? 4.2 Critically analyze at least two year's financial statements in your chosen healthcare organization. What are the main elements of a financial statement? What are the financial results of the hospital - positive or negative? 4.3 Critically evaluate the possible use and impact of the budget allocation in your chosen healthcare organization. Think about what could hospital management do with the money and what incentives could they finance

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