You are an undergraduate student in health management who is completing a six-week

internship at a small, rural, critical access hospital. The hospital CEO has asked you to review

and analyze the monthly hospital financial statements for one month (including year-to-date or

"YTD") and draft an executive summary that will hit the "highlights" that clearly and succinctly

explain of what happened financially / operationally for the month.

Use the financial statements for the month of April 2015 for Fairfield Memorial Hospital that

have been provided for this assignment. Review the financial statements carefully and then

write a one-and-a-half to no more than two-page executive summary that provides an overview

of the financial performance for the month and YTD; highlights of what happened; and key

variances and points that help explain the month and YTD's financial and operating

performance.

Points of Emphasis

How did the hospital perform compared to budget?

If the hospital missed or exceeded its budget for the month of YTD, what were some of

the key factors that impacted the month or YTD performance?

Where are there significant variances that may or may not have been anticipated?

Are there any key trends that have been occurring or ongoing for the fiscal year?

Are there any points of major concern?

Be sure to quantify key variances or trends as appropriate.

Are there any positive points to acknowledge?