Hospital Education

post has two assignments

1)Compare the following information between teaching and non-teaching hospitals.
2)What are the main significant differences between teaching and non-teaching hospitals? (use ttest)
3)Comparing hospital net-benefit which hospitals has better performance? To answer this question first compute the hospital net benefits with subtracting hospital costs and revenues and then use ttest to compare the significant differences between teaching and non-teaching hospitals.
4)Use a box-plot and compare hospitals-cost and hospital-revenues between teaching and non-teaching hospitals.
5)Write a short paragraph and describe your findings.
Table 2. Descriptive statistics between teaching and non-teaching hospitals, 2011 & 2012
Hospital Characteristics Teaching Non-Teaching p-value
N Mean St. Dev N Mean St. Dev
Hospital beds
Number of paid Employee
Number of non-paid Employee
Internes and Residents
System Membership

Total hospital cost
Total hospital revenues
Hospital net benefit

2: Market Trends

Order Description

Using Trends to Make Financial Forecasts

Explain why it is important to use past trends when completing financial forecasts. How do you incorporate new service lines or changes when preparing the forecast?

Mission and Vision in Financial Forecasts

Explain how and why the organization’s mission, vision, and strategic plan should be used when preparing financial forecasts.

Financial Forecasts