Assignment – Medical Center Financial Accounting Evaluation

This assignment will  develop critical skills in financial analysis specific to healthcare organizations, preparing for real-world challenges in healthcare management and administration

In this assignment, students will complete comprehensive financial analysis of a medical center using its audited financial statements. The task is to evaluate the financial health, performance, and sustainability of the medical center by analyzing key financial ratios and metrics

Deliverables

1. A comprehensive report (3000-4000 words) containing your analysis, findings, and recommendations.
2. An Excel spreadsheet showing your calculations of financial ratios and any supporting data.
3. A PowerPoint presentation (10-15 slides) summarizing your key findings and recommendations.

Evaluation Criteria

• Accuracy and completeness of financial ratio calculations (25%)
• Depth and insight of financial analysis (30%)
• Quality and relevance of recommendations (20%)
• Clarity and professionalism of written report and presentation (15%)
• Proper use of financial terminology and concepts (10%)
• Statement of AI Use:
  This assignment incorporates an AI Level 5 tool from StudyAid to enhance the learning experience. The AI tool, “Data Analysis and Statistics ,” will be used to assist students in the following ways:
  1. Data Visualization:  allowing students to better visualize and interpret financial trends over the 3-year period.
  2. Benchmark Comparison:  up-to-date industry benchmarks for medical centers, ensuring students have access to the most recent and relevant comparative data.
  3. Ratio Calculation Verification: Students can use the tool to verify their manual calculations of financial ratios, helping to identify and correct any errors in their work.
  4. Predictive Analysis: The AI tool will offer predictive insights based on the analyzed data, which students can consider when formulating their recommendations.

  Students are required to clearly indicate when and how they have used the AI in their assignments. While the tool provides valuable assistance, students are expected to demonstrate their own critical thinking and analysis skills throughout the assignment.