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HS440M3-3: Analyze major financial reports used in health care organizations. G
HS440M3-3: Analyze major financial reports used in health care organizations. GEL-6.06: Apply research to create original insights and/or solve real-world problems. Imagine that you are the new CFO leading a conference call with hospital leaders to deal with a crisis. and state have dealt with the COVID-19 pandemic and you need to assure the team that you have dev deal with this or a similar crisis in the future. You will need to explain financial statement analysis, finan use of financial information so the team understands where the financial crisis will impact the business strong liquid assets. You should explain measures such as managing cash tightly and draw on all sour debt, delaying payables, and discussing early payments with payers and governments. Identify immed costs, rent, utilities, insurance, legal fees, and certain salaries to reduce operating expenses. Instructions In this assignment, you will record an audio conference call at least 5 minutes in length. topics to include in the call include: A description of the financial challenges facing the hospital in the midst of the COVID-19 (or similar An explanation of financial statement analysis, financial reporting requirements, and use of finance understands where the financial crisis will impact the business's bottom line. An explanation of measures such as managing cash tightly and draw on all sources, including tak payables, and discussing early payments with payers and governments. Identify immediate operational actions to reduce costs, rent, utilities, insurance, legal fees, and ce expenses.

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