Question
Assume that you are a financial expert at Arizona Health Services (AHS), a large not-for profit hospital system and you have been charged with conducting
Assume that you are a financial expert at Arizona Health Services (AHS), a large not-for profit hospital system and you have been charged with conducting an operational analysis on a single resource or asset. You will report the results of your analysis in an email to the AHS leadership in which you explain the efficiency and viability of the resource or asset you selected.
Help me conduct an operational analysis of a single resource or asset in which we determine whether the resource or asset is efficient and viable. As you prepare the assessment, consider the following:
- How managing material assets contributes to making effective management decisions and ensuring operational efficiency.
- How leveraging the cost of trade credit can improve cash flow and enhance working capital.
- How lease financing and business valuation that can help healthcare managers use financial resources effectively.
- How the assessment of potential expenditures on capital investment informs capital investment decisions.
- How long-term financing options allow healthcare organizations to achieve financial and operational viability in the long term.
- How project risk analyses are used to conduct the appropriate risk evaluation for the project.
- How post-audits contribute to the review of project performance.
The assessment should include the following:
- Describe the resource or asset you selected.
- Explain how the resource or asset is used in the healthcare facility.
- Describe the operational analysis process you used to determine the efficiency and viability of the asset or resource selected
- Explain whether the resource or asset is the most viable and efficient option.
- Justify the determination.
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