Instructions This assignment has two main parts. Analysis of the Balance Sheet This part of the assignment will focus on analyzing the balance sheet (Financial Statement [XLSX] Download Financial Statement [XLSX])

for St. Anthony Medical Center. Relevant scoring guide criteria: • Explain the financial position of St. Anthony Medical Center by comparing assets and liabilities. o Explain means to make something (an idea, situation, or problem) clear to someone by describing it in more detail or revealing relevant facts or ideas. Explain the financial position of St. Anthony Medical Center compared to previous years. • Explain how accounts receivable changed from previous years. Analyze the financial obligations of St. Anthony Medical Center and their implications for the upcoming year. o Analyze means to examine methodically and in detail the constitution or structure of something (especially information), typically for purposes of explanation and interpretation. Adhere to the rules of grammar, usage, and mechanics. o "Grammar" refers to the basic rules for how sentences are constructed and how words combine to make sentences (for example, word order, case, and tense). o "Usage" refers to correct word choice and phrasing, particularly with regard to the meanings of words and phrases. o "Mechanics" refers to correct use of capitalization, punctuation, and spelling. Apply APA formatting to in-text citations and references. o Be sure to include a separate references page. Some prompts to help guide you in your analysis are: Do assets exceed liabilities? • What does this tell you about the financial position of St. Anthony Medical Center? • How has the financial position of St. Anthony Medical Center changed since last year? o How has it changed since the year prior? How have the accounts receivable changed from previous years, and what does this tell you? Footer (Default Page Style) +/nUsing the balance sheet, what financial obligations does St. Anthony Medical Center need to consider in the upcoming year? The goal of this analysis is to create an accurate picture of the financial trends for St. Anthony Medical Center, its current financial obligations, and how the upcoming fiscal year projects in light of this information. Analysis of the Income Statement This part of the assignment will focus on analyzing the income statement for St. Anthony Medical Center. Relevant scoring guide criteria: • Analyze patient revenue compared to previous years and the implications for the financial health of St. Anthony Medical Center. • Adhere to the rules of grammar, usage, and mechanics. • Apply APA formatting to in-text citations and references. Some prompts to help guide you in your analysis are: • Has patient revenue increased or decreased from previous years? o What could this indicate about the financial position of St. Anthony Medical Center? The goal of this analysis is to create an accurate picture of trends tied to the overall financial health of St. Anthony Medical Center. Additional Submission Requirements Your assignment should meet the following requirements: • Structure: Include a cover page and reference page when submitting your assignment. You are encouraged to use the Financial Statement Analysis Template [DOC] Download Financial Statement Analysis Template [DOC] for this assignment. • Length: 4-6 double-spaced pages, excluding title page and reference page. • References: Cite at least four current scholarly or professional resources. o Your textbook can be one of the four. Format: Use current APA style for references and citations. o You may wish to refer to the following APA resources to help with your structure, formatting, and style: Evidence and APALinks to an external site.. APA Style Paper Tutorial [DOCX]Links to an external site.. APA Style Paper Template OCY]Linke to a external site.. Footer (Default Page Style) + ./n• Font and font size: Times New Roman, 12 point. Competencies Measured By successfully completing this assignment, you will demonstrate your proficiency in the following course competencies and scoring guide criteria: • Competency 1: Explain the importance of reporting in health care. o Explain the financial position of St. Anthony Medical Center by comparing assets and liabilities. o Explain the financial position of St. Anthony Medical Center compared to previous years. o Explain how accounts receivable changed from previous years. Competency 2: Develop a departmental budget. o Analyze the financial obligations of St. Anthony Medical Center and their implications for the upcoming year. o Analyze patient revenue compared to previous years and the implications for the financial health of St. Anthony Medical Center. Competency 3: Communicate in a manner that is scholarly, professional, and respectful of the diversity, dignity, and integrity of others and consistent with the expectations for health care professionals. o Adhere to the rules of grammar, usage, and mechanics. o Apply APA formatting to in-text citations and references.