Financial and Strategic Planning Assignment Example | Topics and Well Written Essays - 500 words - 1

Financial and Strategic Planning - Assignment Exampleugh this venture, the infirmarys oversight leave alone establish the feasibility, stability and the expected benefits of their ambitious plans and projects. Identifying the financial trends starts with report preparations generated by ratios or financial domainments information, gain another(prenominal) financial reports. The Hospital decision makers will prop up their decisions on these findings and conclusions.Hospital positivity is a sure trend that ought to be assessed by the responsible financial analysts. Assessing the facilitys profitability entails establishing its income-earning ability plus the ability to protract growth in the long-term and short-term periods (Evans, 2000). Solvency is also a trend that ought to be addressed by the hospital. Solvency is the hospitals ability to fulfill commitments to creditors plus other variant third parties, both in the short and long-term periods.Another trend worth spirit at is the liquidity aspect of the hospital. This is translates to the hospitals capacity to maintain positive income flow, and meeting agile obligations. Solvency and Liquidity will be derived from the entitys balance sheet which will outline the financial state of the hospital from specific time point(s). Stability trend of the hospital ought to be drawn to portray the hospitals capability to stay put in operation. Deriving the stability trend will hollow the hospitals capability to remain fully functional without sustaining major losses when in full-swing operation.The hospitals management ought to look at labor trends where forecasts on the labor needs and the anticipated turnout as pertains the expansion of the facility. Decrease or increase of production will translate to alterations on production-related be and other variant support services (Evans, 2000). This is linked to administrative trends that have characterized the hospitals management and operations. Administrative trends encompass issues such as