Q1 Financial ratios provide a comparative analysis of financial operations, using data drawn from two financial statements. As a healthcare leader explain how you would utilize ratio analysis to assess operations. Further explain benchmarking, where you might obtain comparative data, and how internal or external benchmarking would assist senior leadership in determining the financial position of your healthcare organization.

Q2 Certain ratios are important for daily fiscal management. Explain the following two ratios and how they contribute to the cash flow monitoring of your healthcare organization. Days cash on hand Days in accounts receivable.

Q3: Discuss if there is a significant relationship between hospital financial performance and quality of care. Does providing care to diverse populations impact this relationship?

Q4 Explain the factors that influence quality care in a healthcare financial statement

Any references would be helpful.