1. What do the profitability ratios tell us about a healthcare organization, especially revenue per adjusted discharge or unit of service, operating expenses per adjusted discharge or patient visit, and the cash flow margin? Provide some examples from your experience in the field.

2. Which financial statements would you use to develop liquidity ratios? How about leverage ratios? Be specific in identifying which statements provide which information for the ratio being analyzed. What do you learn from these ratios and the statements?

3. What do you see as the primary difference between not-fo-profit healthcare systems and for-profit healthcare systems, besides the fact non-profits typically do not pay taxes? Or is there a difference? Would the average consumer know whether they were being cared for at a for-profit versus a non-profit?