Working Capital Paper

Elijah Heart rivet work Capital Health Cargon even out FIN/HC571 May 9, 2011 Elijah Heart Center Elijah Heart Center (EHC) is a 140-bed cardiac care hospital in novel 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, debility chairman of patient services, Zachary Macholz, Chief Financial Officer, and Dr. Brenda Lopez, Radiologist (University of Phoenix, 2011). EHC topographic point Patient volumes are growing at EHC; however gelt are dropping. EHC is as well facing a electromotive force working keen dearth because of discounts to health management organizations, bombastic wages paid to Registered Nurses done agency, decrease in Medicare reimbursements, and addition in liabilities, which have outpaced oc veritable assets (University of Phoenix, 2011). The organization needs to duad a working capital shortage, evaluate bread and cover options to purchase freshly equipment, and evaluate funding options for capital expansion. placard members at EHC have recommended that a pecuniary consultant be brought in to turnaround the organizations financial position.

functional Capital Working capital is important to an organization and is the certain assets deduction current liabilities. Current assets can include accounts receivables and inventories, and liabilities are bills repayable to creditors or suppliers. Organizations can withdraw or cash current a ssets to pay for current liabilities (Breale! y, Myers, and Marcus, 2004). EHC needs working capital to by clean or refurbished equipment; they also want to invest in a $75-million dollar expansion that will include in the raw services, new operating rooms, new catheterization labs, new patient rooms, and strike the in vogue(p) in cardiac technology to the hospital. Alternate Sources of short financial support 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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