HEALTHCARE FINANCE

Healthcare Finance

Healthcare Finance

Part IReview the companies' balance sheets, statements of income/operations, and statements of cash flows. Identify and describe five similarities and five differences between the two companies' financial statements.

Five Similarities

All the financial Statements are constructed in the same format and are presented.

Independent report of auditors is attached in both annual reports

Notes to financial Statements are explained in both.

Consolidated financial Statements are presented.

Accounting policies are mentioned explicitly in both.

Five Differences

Summary of Accounts is not provided in Ascension Health Alliance, whereas it is fully available in HCA Inc.

The financial are reported in a 3 year format in HCA ...