Read the 1987 article by Gerald L. Glandon and colleagues titled An Analytical Review of Hospital Financial
Question:
Read the 1987 article by Gerald L. Glandon and colleagues titled “An Analytical Review of Hospital Financial Performance Measures” from Hospital and Health Services Administration, volume 32, issue 4, pages 439–55, and answer the following questions:
a. What are the advantages of creating “viability” measures for hospitals? What problems does it present?
b. What problems are inherent in the use of financial ratios for US hospitals?
c. How are financial ratios used in relation to bond ratings?
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a Creating viability measures for hospitals confers several advantages notably enabling assessment of an institutions capacity to weather adversities ...View the full answer
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ISBN: 9781640553651
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