powerpoint slides financial health management, homework help

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Business Finance

Description

Create presentations on financial health management

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Healthcare financial
management

Objectives


Describe different forms of business organizations and
ownership



Describe the basic concepts of financial accounting



Describe the components of an income statement (IS):
revenues, expenses, and net income



Explain the relationships within and between the IS
components



Describe a Balance sheet and it’s formula and entries

Forms of healthcare organizations and
ownership




For profit organizations or investor owned corporations


Investors are owners by owning shares



Company earnings are paid to shareholders (stockholders) as dividends depending
on number of shares owned



E.g. Evans Sunrise Nursing home

Not-for-profit including faith based organizations (FBOs)


These entities like FP can only sustain themselves by making profits.



They are however exempt from taxation since earning are not distributed among
the stakeholders but reinvested in the company. No dividends are paid out



The public gain overrides private gain



E.g. The Aga Khan Hospitals, Mater Misericordia, Nairobi Hospital, War Memorial
hospital etc.

Ownership legal entities
Source: Gapenski






Sole proprietorship


E.g. an individually o...


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