Writing Resources
Freeman Health System HC 6225 Health Systems Strategic Analysis January 14 2018 Freeman Health System is a large rural medical non for profit health system located in Joplin Missouri It consists of Freeman Hospital West Freeman Hospital East Freeman Neosho Hospital the Ozark Center for behavioral health services two urgent care clinics and dozens of physician clinics and specialty services With more than 300 physicians on staff Freeman Health System provides a multitude of services including heart and vascular care cancer treatments neurology and neurosurgery orthopedics women's services and children's services Freeman Health System is a premier healthcare institution in Southwest Missouri and the Four State Area Financial Performance When evaluating Freeman Health System for the purpose of generating an internal audit information was based on financial statements from 2013 and information provided by nonprofits findthecompany com The financial statement provided for 2013 will be provided at the end of the document Liquidity Current ratio 2 66 per group median 2 44 The metric is the ability to meet short term obligations The hospital s ratio being well above 1 indicates that it has significant financial liquidity and debt paying capacity Days cash on hand 24 per group median 27
