The board of directors of your for-profit hospital has been approached by a nonprofit hospital to consider a joint venture to take over their business resulting in a larger for-profit medical center status. You have been asked to construct a financial risk analysis for this conversion. Using course materials, including your text and the Internet, and principles of financial risk analysis, evaluate the considerations that a nonprofit hospital has in considering the conversion to a for-profit hospital.
Consider the following options in support of your decision:
Consider the following topics in your discussion:
Your paper must include your financial information derived in your risk analysis as an appendix included after the Reference page.
The body of the resultant paper should be 5–7 pages. Applicable spreadsheets should be attached to support your decisions. The assignment should include at least 5 relevant peer-reviewed academic or professional references published within the past 5 years.
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