Getting Started (Read-Only) Understanding forecast and profits is what might set

Getting Started (Read-Only)
Understanding forecast and profits is what might set a company ahead of the competition or behind and facing bankruptcy. History plays a significant role in helping an organization to understand what might be ideal in its next steps toward financial success. In your case study project, you will develop the profit and loss analysis that will spell out the importance of the financial success behind your industry and the companies that compete.
Instructions (Follow Carefully)
Review the following resources:
Webpage: Rolling Forecasting Will Help Get Hospitals through the COVID-19 Crisis (https://www.hfma.org/topics/financial-sustainability/article/rolling-forecasting-will-help-get-hospitals-through-the-covid-19.html)(new tab)
Article: 100 Healthcare CFOs Forecast Revenue, Profit for Next 12 Months (https://www.beckershospitalreview.com/finance/100-healthcare-cfos-forecast-revenue-profit-for-next-12-months.html)(https://www.beckershospitalreview.com/finance/100-healthcare-cfos-forecast-revenue-profit-for-next-12-months.htmlnew tab)
Article: Predicting the Impact of Coronavirus: How Healthcare Organizations Forecast Demand, ICU Capacity, and a Second Wave (https://www.forbes.com/sites/bernardmarr/2020/05/15/predicting-the-impact-of-coronavirus-how-healthcare-organizations-forecast-demand-icu-capacity-and-a-second-wave/?sh=4c410f715845)(new tab)
Webpage: The Importance of Healthcare Revenue Forecasting (https://revenuemasters.com/blog/importance-healthcare-revenue-forecasting)(new tab)
Conduct your own research to support your writing. You should include a minimum of four scholarly resources in your work.
In a Word document (minimum 2,000 words), please address the following: Discuss how forecasting impacts your chosen industry.
Explain how trends impact the financial standing of organizations within the industry.
Discuss how the profits are impacted based on the strength of the economy.
Discuss strategies for competing financially within in the industry.
Include your graphs from the workshop discussion as an appendix for this part of the case.
Your work should follow APA 7th edition format.