If you were going to build a dashboard or a balanced scorecard for a nursing home, what key performance indicators might you use? Explain and elaborate on why your suggested key performance indicators are crucial to effective financial management of a nursing home organization. Think what you would be held accountable for as a manager and develop some easy to read ratios to show history and progress to support your management objectives. Consider if this dashboard would be different if you managed a for profit versus a not for profit. What would be the different indicators and emphasis. (Think about the different missions of these organizations) Be sure to post justification from the readings to support your opinions.

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Solution It would have been a nonprofit organization as its a nursing number In this case nonfinanci... View the full answer