Assessment Directions Health Care Accounting A good financial strategy can alwa

Assessment Directions
Health Care Accounting
A good financial strategy can always be improved. Having knowledge of your organization’s finances provides the leverage to make decisions that affect the outlook and goals of the company. This assignment gives you an opportunity to examine company practices from a financial lens, which provides you with an insight into what drives financial decisions for a health care system.
Obtain a recent financial statement for your organization, detailing expenses and revenues. This is attached statement from Orthopaedics practices.
Write a 850-word report on the major trends in your organization’s expenses and revenues. Include the following points:
Analyze any trends in expenses and revenue that you see. Are they on target to meet budget goals?
How can your organization contain or reduce expenses without damaging services and quality of care?
Can your organization’s reimbursement strategy be improved to increase revenue? If so, what would it be, and how would it be implemented?
How can your organization use its financial performance to build its brand?
Cite any references to support your assignment.