RC Financial Ratios in The Healthcare Industry Discussion DISCUSSION1
Financial ratios can be used to examine the financial health of all healthcare companies. Choose a ratio from the lecture or reading that you found very useful. Describe how it is calculated and what it shows. Explain why you can’t use just that one ratio to make a judgment call on the financial condition of a company. Compare your findings to an opposing view of a fellow classmate.
DISCUSSION 2
In health care, we refer to prevention as avoiding or lessening the effects of disease. In other words, prevention is an effort to prevent or control disease. Disease prevention is an essential element of managed care. However, according to experts, “less than 2% of the nation’s expenditure on health care is spent on population-based prevention.”
What is the value of disease prevention: why bother? Conduct some additional research on disease prevention. Please be specific in your post by using concrete examples or measures to support your thoughts. Specifically address your views of “why bother” with disease prevention and respond to a fellow classmate with an opposing view, than your own.
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