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Financial information may have significant differences from one year to the next. Review the financial statements for Patton-Fuller Community Hospital (PFCH) for 2008 and 2009 as well as the narrative information from the hospital’s Annual Report. The information can be found on the student webpage. PFCH is a virtual organization in the link on the upper left of the webpage. Click healthcare to find Patton Fuller Community Hospital.
Resources: Financial Statements under Chief Financial Officer in the Patton-Fuller Hospital Virtual Organization found on the student web page, Financial Data Analysis Grading Criteria and worksheet found in the Course Materials Forum.
Use the worksheet provided in the Course Materials Forum to complete the assignment in which the student will analyze the Balance Sheet and the Statement of Revenue and Expenses.
The information contained in the worksheet is based on the financial information found in the Patton Fuller Community Hospital web page. The worksheet contains the Balance Sheet and the Statement of Revenue and Expenses from 2008 and 2009 financial data. Students will calculate amount of change in dollars and percentage of change between 2008 and 2009, identify changes between 2008 and 2009 that are greater than 5%, and provide an in-depth analysis of changes based on information found in the annual report. While students will work from information provided by the Patton Fuller Community Hospital, additional research would help students better understand and thus able to correctly analyze and explain their understanding.
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