Do you think health care is a financial asset or a liability


Response to the following questions:

• Choose a health care organization that represents either a health care product, service, or company that is publically traded on the New York Stock Exchange (NYSE) or NASDAQ market. Post the organization you have selected along with a brief summary of the organization and their mission.

• Each year the United States spends 18% of their Gross Domestic Product (GDP) budget on health care. Due to high insurance premiums, a multi-payer reimbursement system, increased patient quality of care issues and medical technology advancements, these cost continue to have an affect on the fiscal health of an organization. Do you think health care is a financial asset or a liability? Explain your rationale to support your position. In addition, provide two (2) factors that can potentially change an asset to a financial liability or vice versa.

 

 

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