Submit a draft proposal for Sections II and III. You will provide financial statement analyses, profitability ratios, and ratio analyses to support the capital budget proposal formulated in Milestone Three. You will also use financial calculations to support proposal recommendations and to explain the short- and long-term financial impact for the organization.

1. Financial and Budgetary Considerations
   1. Financial Statements: What financial statements will you utilize in making your proposal, and how will you use these statements?
   2. Proposal Impact: What impact will your proposal have on the organization's financial statements? Articulate the impact using appropriate terminology.
   3. Flexed Versus Fixed: How would your proposal be different if using a flexed budget versus a fixed budget? In other words, how would the use of one type of budget versus the other impact your proposal, and how would your proposal impact the budget? (Evaluate the differences between a fixed and a flexed budget.)
2. Proposal Justification
   1. Ratio Selection: What ratios will you use to support your proposal and why? Select the ratio or ratios that would be the most appropriate.
   2. Ratio Results: Calculate the selected ratios and articulate the results using accurate terminology. What do the results tell you about the viability of your proposal?
   3. Short- and Long-Term Impact: Based on your calculations and financial statement analysis, determine the short-term and long-term impact on the organization and the organization's financials. What is the short-term and long-term financial impact of your proposal for the organization? How can you plan to strategically mitigate the impact on the financials of the company, or how will your proposal help inform strategic planning in the short and long term?

The proposal for Hackensack Meridian Health involves two key capital budget items: expanding telehealth infrastructure and upgrading diagnostic imaging equipment. These recommendations aim to address current challenges and leverage opportunities within the organization.

In summary, the proposed capital budget item expanding telehealth infrastructure and upgrading diagnostic imaging equipment reflect Hackensack Meridian Health's commitment to leveraging opportunities for growth and improvement. These initiatives align with the larger objectives of enhancing accessibility, efficiency, and quality in healthcare delivery. By addressing these critical issues, HMH can continue to provide exceptional care to its patients while positioning itself as a leader in the health.

Microsoft Word - USP00718803 Hackensack Meridian Health, Inc..doc

https://www.hackensackmeridianhealth.org/-/media/project/hmh/hmh/public/about-us/files/annual-audited-financial-statements/2021-hmh-audited-financial-statements-with-divisional-supplement.pdf