How did the audited and unaudited financial statements differ? Are the financial ratios for the hospital improving? Explain.

Health Care Case Study: Financial Statements

 

  • Resource: Patton-Fuller Community Hospital financial statements in the Virtual Organization. Grading criteria located in Week Two on your student website.
  • Write a 350- to 700-word summary that address the following:

 

  • Annual report, including the Patton-Fuller financial statements

 

  • How did the audited and unaudited financial statements differ?
  • Are the financial ratios for the hospital improving? Explain.

 

  • Relationship between revenue sources and expenses on Patton-Fuller’s financial performance

 

  • What is the effect of revenue sources on financial reporting at the hospital?
  • How are the hospital’s revenues and expenses grouped for planning and control?

 

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