Write a 750- to 1,050-word APA formatted paper in which you:
Format your assignment according to APA guidelines including a title page, content pages with citations and a reference page. Make sure to follow APA guidelines for each of these required components.
The management of finances of health organizations allows such enterprises to improve patient care and minimize risk by evaluating how to use the funds they have. Aside from that, the management of these finances lets hospitals indulge in medical investments and determine new revenue sources. Financial statement analysis is a critical method because it enables hospitals to evaluate their balance sheet, income statement, and statement of cash flows before making serious decisions. Analysis of asset turnover, quick ratios, gross profit margins, and tax ratio efficiency would allow hospitals to determine their financial performance.