Onlyserve Case Study

Document Type:Essay

Subject Area:Health Care

Document 1

Onlyserve, Inc is located at 3423 Investment Boulevard, Suite 1 Hayward, CA 94545 Home Health Services being offered by Onlyserve, Inc includes the following; 1. 1 Certified services, which the institution provides include: • Nursing and nurse care services • Speech Pathology for the speech impared • Medical Social • Occupational Therapy • Physical therapy which involve physical exercises 1. 2 Quality measures, which the organization takes, Centre for Medicare & Medicaid Services (CMS) makes regular surveys on the home-health service providers. They measure the services depending on various factors such as the level of satisfaction, which the patients have after the services. This quality report is a necessary guide to help people understand the high quality of services, which they can receive at Onlyserve, Inc and facilitate improvement in their health promoting services.

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Requirements on the detail level: The level of details is important as it guide the financial analyst on the amount or rather the details, which he or she should provide in the report. Various financial reports and analysis defer in the depth of their details. Available data: The company may have internal and external sources of data. As such, we need to consider the availability and accessibility of the sources of financial data. The sources will determine the forms or rather the type of data available as well as the extent of the data. Purpose: The ratios are very important in expressing various financial factors in the company. They show the various aspects of the financial position and the financial performance of the company.

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Advantages: Ratios are easy to understand for most users. Again, they enhance comparability of different companies of different sizes because they express numbers as percentages rather than figures. This reduces the size difference between companies or rather businesses of different capital sizes. A meaningful comparison, therefore, would involve adjustment of the accounting to moderate or rather make the two ratios similar. Ratios comparing statement of financial position and income statement values: It is vital to match ratios that compare financial performance figures to balance-sheet figures. Financial analysis in many organizations comprises financial statements, which comprise of the Income statement, rates of return, balance sheet, and cash flow. The income statement give information on the revenues and incomes throughout the entire year, whereas the balance sheet give information assets, capital, and liabilities at the beginning and end of the year.

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There may be figure, which are non-representative of the assets and liabilities. Hospital, clinics and pharmaceutical company’s revenues may shrink during tuff economic times. However, the overall consumer demand for these health care services does not have significant change. Health care remains one of the most essential needs and therefore will remain a preference over other luxury needs. For the same reason, despite the possible decline of the healthcare stocks in the market, they remain less risky than most of other industries. The industry has a history of being among the best performing sectors of the economy. The purpose is to find out the company’s ability to meet the current debt or financial obligations. A ratio higher than 1 is generally favourable.

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These ratios are important to the lenders, too. This is because they expose the company’s credit worthiness and the ability to pay debt. b) Debt-to-Capitalization Ratio Many companies in the health sector have high capital expenditure. 4 The healthcare trends Securing the internet of things Cyber security vulnerabilities have increase over the time. There is a growing need to chase or rather to create security for companies’ data. The companies and hospitals in the health sector are no exception. With the hiked incidences of cyber-crimes, they need to invest in the creation of a better and more reliable networks, which can protect the patients and the hospitals data or information. Medical device security issues, especially the cyber security, has risen with alarming rates, necessitating further security.

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