What is the financial impact these changes have on the company’s financial viability currently and in the future?

Use the balance sheet and statement of income for Ascension Health. In a Microsoft Excel spreadsheet, prepare a vertical analysis of the company for the years 2013 and 2014 and a horizontal analysis from 2013 (base year) to 2014 (subsequent year). This is the website. Download and review the financial statements of Ascension Health, a nonprofit, religious-based healthcare system, from

http://www.ascensionhealth.org/index.php?option=com_content&view=article

&id=45&Itemid=160.  Once on this page click on FY2014 Consolidated Audited Financial Statements, here you will find the balance sheet and income statement.

Discuss the findings. Here are a few, but not all, the questions you should consider.

  • Is Ascension Health growing?
  • What line items reflected the largest-percentage increases and/or decreases?
  • What is the financial impact these changes have on the company’s financial viability currently and in the future?
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