Description
The purpose of this assignment is to evaluate the impact of a financial analysis on administrative decisions in a health care organization.Review Northwestern Memorial HealthCare’s “Consolidated Financial Report” (Years Ended August 31, 2019 and 2018), and answer the following prompts in an 1,200-1,500-word essay:Discuss the importance of and need for a financial analysis within a health care organization.Explain the relationship between a health care organization’s financial plan and debt policy to its strategic plan.Assess the financial position of Northwestern Memorial HealthCare in 2019 as compared to 2018. Give specific examples of areas where improvement is needed or areas that should be of concern in terms of financial viability.Based upon these observations, make recommendations that management should consider from a strategic standpoint (i.e., strategic budgeting methods).Include an introduction and conclusion, and be sure to cite three to five peer-reviewed scholarly sources (including the supplied financial report) to support your claims. Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
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Financial Statement Analysis Essay – Rubric
Importance of and Need for a Financial Analysis
22.5 points
Criteria Description
Importance of and Need for a Financial Analysis
5. 5: Excellent
22.5 points
A discussion of the importance of and need for a financial analysis within
a health care organization is thoroughly explored and clearly explained
with relevant details and support.
4. 4: Good
19.58 points
A discussion of the importance of and need for a financial analysis within
a health care organization is provided with appropriate details and
support.
3. 3: Satisfactory
17.78 points
A discussion of the importance of and need for a financial analysis within
a health care organization is present, but only minimal detail or support
is provided.
2. 2: Less Than Satisfactory
16.65 points
A discussion of the importance of and need for a financial analysis within
a health care organization is incomplete or otherwise deficient.
1. 1: Unsatisfactory
0 points
Between
Financial
Policy
to within
ARelationship
discussion of the
importance
of and Plan
need and
for aDebt
financial
analysis
Plan
aStrategic
health care
organization is not included.
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22.5 points
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Criteria Description
Relationship Between Financial Plan and Debt Policy to Strategic Plan
5. 5: Excellent
22.5 points
An explanation of the relationship between the financial plan and debt
policy of a health care organization to its strategic plan is thoroughly
explored and clearly explained with relevant details and support.
4. 4: Good
19.58 points
An explanation of the relationship between the financial plan and debt
policy of a health care organization to its strategic plan is provided with
appropriate details and support.
3. 3: Satisfactory
17.78 points
An explanation of the relationship between the financial plan and debt
policy of a health care organization to its strategic plan is present, but
only minimal detail or support is provided.
2. 2: Less Than Satisfactory
16.65 points
An explanation of the relationship between the financial plan and debt
policy of a health care organization to its strategic plan is incomplete or
otherwise deficient.
1. 1: Unsatisfactory
0 points
Northwestern
Assessment
An
explanation of Financial
the relationship
between the financial plan and debt
policy of a health care organization to its strategic plan is not included.
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30 points
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Criteria Description
Northwestern Financial Assessment
5. 5: Excellent
30 points
An assessment of the financial plan of Northwestern Memorial
Healthcare in 2019 versus 2018 is thoroughly explored and clearly
explained with relevant details and support. Specific examples of areas
where improvement is needed or that should be of financially viable
concern are included.
4. 4: Good
26.1 points
An assessment of the financial plan of Northwestern Memorial
Healthcare in 2019 versus 2018 is provided with appropriate details and
support. Examples of areas where improvement is needed or that should
be of financially viable concern are partially included.
3. 3: Satisfactory
23.7 points
An assessment of the financial plan of Northwestern Memorial
Healthcare in 2019 versus 2018 is present, but only minimal detail or
support is provided.
2. 2: Less Than Satisfactory
22.2 points
An assessment of the financial plan of Northwestern Memorial
Healthcare in 2019 versus 2018 is incomplete or otherwise deficient.
1. 1: Unsatisfactory
Strategic Recommendations
0 points
30 points
An assessment of the financial plan of Northwestern Memorial
Healthcare in 2019 versus 2018 is not included.
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Criteria Description
Strategic Recommendations
5. 5: Excellent
30 points
Strategic recommendations for management based upon observations
of where improvement is needed are thoroughly explored and clearly
explained with relevant details and support.
4. 4: Good
26.1 points
Strategic recommendations for management based upon observations
of where improvement is needed are provided with appropriate details
and support.
3. 3: Satisfactory
23.7 points
Strategic recommendations for management based upon observations
of where improvement is needed are present, but only minimal detail or
support is provided.
2. 2: Less Than Satisfactory
22.2 points
Strategic recommendations for management based upon observations
of where improvement is needed are incomplete or otherwise deficient.
1. 1: Unsatisfactory
0 points
Thesis Development
and
Strategic
recommendations
forPurpose
management based upon observations
of where improvement is needed are not included.
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10.5 points
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Criteria Description
Thesis Development and Purpose
5. 5: Excellent
10.5 points
Thesis is comprehensive and contains the essence of the paper. Thesis
statement makes the purpose of the paper clear.
4. 4: Good
9.14 points
Thesis is clear and forecasts the development of the paper. Thesis is
descriptive and reflective of the arguments and appropriate to the
purpose.
3. 3: Satisfactory
8.3 points
Thesis is apparent and appropriate to purpose.
2. 2: Less Than Satisfactory
7.77 points
Thesis is insufficiently developed or vague. Purpose is not clear.
1. 1: Unsatisfactory
Paper lacks any discernible overall purpose or organizing claim.
Argument Logic and Construction
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0 points
12 points
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Criteria Description
Argument Logic and Construction
5. 5: Excellent
12 points
Clear and convincing argument that presents a persuasive claim in a
distinctive and compelling manner. All sources are authoritative.
4. 4: Good
10.44 points
Argument shows logical progressions. Techniques of argumentation are
evident. There is a smooth progression of claims from introduction to
conclusion. Most sources are authoritative.
3. 3: Satisfactory
9.48 points
Argument is orderly but may have a few inconsistencies. The argument
presents minimal justification of claims. Argument logically, but not
thoroughly, supports the purpose. Sources used are credible.
Introduction and conclusion bracket the thesis.
2. 2: Less Than Satisfactory
8.88 points
Sufficient justification of claims is lacking. Argument lacks consistent
unity. There are obvious flaws in the logic. Some sources have
questionable credibility.
1. 1: Unsatisfactory
0 points
Mechanics
of Writing
(includes
punctuation,
Statement
of purpose
is not
justified spelling,
by the conclusion.
The conclusion
grammar,
language
use)
does
not support
the claim
made. Argument is incoherent and uses
7.5 points
noncredible sources.
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Criteria Description
Mechanics of Writing (includes spelling, punctuation, grammar, language
use)
5. 5: Excellent
7.5 points
Writer is clearly in command of standard, written, academic English.
4. 4: Good
6.53 points
Prose is largely free of mechanical errors, although a few may be
present. The writer uses a variety of effective sentence structures and
figures of speech.
3. 3: Satisfactory
5.93 points
Some mechanical errors or typos are present, but they are not overly
distracting to the reader. Correct and varied sentence structure and
audience-appropriate language are employed.
2. 2: Less Than Satisfactory
5.55 points
Frequent and repetitive mechanical errors distract the reader.
Inconsistencies in language choice (register) or word choice are present.
Sentence structure is correct but not varied.
1. 1: Unsatisfactory
0 points
Paper errors
Format
of appropriate
for the communication
major and
Surface
are(use
pervasive
enough thatstyle
they impede
of
assignment)
meaning.
Inappropriate word choice or sentence construction is used.
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7.5 points
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Criteria Description
Paper Format (use of appropriate style for the major and assignment)
5. 5: Excellent
7.5 points
All format elements are correct.
4. 4: Good
6.53 points
Appropriate template is fully used. There are virtually no errors in
formatting style.
3. 3: Satisfactory
5.93 points
Appropriate template is used. Formatting is correct, although some
minor errors may be present.
2. 2: Less Than Satisfactory
5.55 points
Appropriate template is used, but some elements are missing or
mistaken. A lack of control with formatting is apparent.
1. 1: Unsatisfactory
0 points
Documentation
ofappropriately,
Sources
Template
is not used
or documentation format is rarely
followed correctly.
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7.5 points
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Criteria Description
Documentation of Sources (citations, footnotes, references, bibliography,
etc., as appropriate to assignment and style)
5. 5: Excellent
7.5 points
Sources are completely and correctly documented, as appropriate to
assignment and style, and format is free of error.
4. 4: Good
6.53 points
Sources are documented, as appropriate to assignment and style, and
format is mostly correct.
3. 3: Satisfactory
5.93 points
Sources are documented, as appropriate to assignment and style,
although some formatting errors may be present.
2. 2: Less Than Satisfactory
5.55 points
Documentation of sources is inconsistent or incorrect, as appropriate to
assignment and style, with numerous formatting errors.
1. 1: Unsatisfactory
0 points
Total 150 points
Sources are not documented.
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