Working Capital Paper

Elijah Heart midst 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 pertly 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, guilt chairman of patient services, Zachary Macholz, Chief Financial Officer, and Dr. Brenda Lopez, Radiologist (University of Phoenix, 2011). EHC website Patient volumes are growing at EHC; however profit are dropping. EHC is as well facing a potency working keen dearth because of discounts to health management organizations, outstanding wages paid to Registered Nurses done agency, decrease in Medicare reimbursements, and offset in liabilities, which have outpaced oc veritable assets (University of Phoenix, 2011). The organization needs to yoke a working capital shortage, evaluate bread and butter options to purchase freshly equipment, and evaluate funding options for capital expansion. room members at EHC have recommended that a pecuniary consultant be brought in to turnaround the organizations financial position.

on the job(p) Capital Working capital is important to an organization and is the on-going assets deduction current liabilities. Current assets can include accounts receivables and inventories, and liabilities are bills re honorariumable to creditors or suppliers. Organizations can withdraw or cash current assets to pay fo r current liabilities (Brealey, Myers, and M! arcus, 2004). EHC needs working capital to by raw(a) or refurbished equipment; they also want to invest in a $75-million dollar expansion that will include young services, new operating rooms, new catheterization labs, new patient rooms, and strike the modish in cardiac technology to the hospital. Alternate Sources of short financial backing 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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