Elijah Heart center(a) work Capital Health Cargon finance FIN/HC571 May 9, 2011 Elijah Heart Center Elijah Heart Center (EHC) is a 140-bed cardiac care hospital in natural York. serve offered at EHC include cardiac cauterizations, radiology, nephrology, pulmonary, open-heart surgery, coronary angioplasty, and rehabilitation. administrative staff members include Gilbert Sanchez, Chief Executive Officer, Saika Takeuchi, viciousness chairman of patient services, Zachary Macholz, Chief Financial Officer, and Dr. Brenda Lopez, Radiologist (University of Phoenix, 2011). EHC business office Patient volumes are growing at EHC; however meshwork are dropping. EHC is as well facing a dominance working keen dearth because of discounts to health management organizations, lifesize wages paid to Registered Nurses done agency, decrease in Medicare reimbursements, and development in liabilities, which have outpaced oc veritable assets (University of Phoenix, 2011). The organization needs to brace a working capital shortage, evaluate bread and cover options to purchase freshly equipment, and evaluate funding options for capital expansion. carte du jour members at EHC have recommended that a pecuniary consultant be brought in to turnaround the organizations financial position.
works Capital Working capital is important to an organization and is the legitimate assets deduction current liabilities. Current assets can include accounts receivables and inventories, and liabilities are bills re fixable to creditors or suppliers. Organizations can withdraw or cash curr ent assets to pay for current liabilities (B! realey, Myers, and Marcus, 2004). EHC needs working capital to by naked as a jaybird or refurbished equipment; they also want to invest in a $75-million dollar expansion that will include refreshed services, new operating rooms, new catheterization labs, new patient rooms, and strike the current in cardiac technology to the hospital. Alternate Sources of short finance Ms. Takeuchi, Mr. Macholz, and Dr. Lopez will...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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