Business Strategies and Financial Overview of VA Ann Arbor Healthcare System Free Essay Example, 3250 words

The organization s Statement of Change in the Financial Position reveals that the firm s position in its industry is not threatened; still, measures need to be taken so that losses in income are controlled. Indeed, in 2012, at the end of the period deterioration in the organization s financial position is reported; indeed, the net position of the organization at the end of the period is (1,725,452). At the beginning of the period, the net position of the organization was $ (1,502,346). These figures are negative, i.e. they reflect a minus and not a surplus in the organization s profits. After incorporating in the above figure the unexpected appropriations, a limitation in the losses of the organization has been achieved. The total net position of the organization for 2012 is improved, compared to the net position at the end of the period (Table 3). Indeed, the total net position of the organization for 2012 has been estimated to $ (1,721,321), compared to the $ (1,725,452) at the en d of the period. For the earmarked funds, i.e. those used for covering clearly specified organizational needs, a similar performance is reported. We will write a custom essay sample on Business Strategies and Financial Overview of VA Ann Arbor Healthcare System or any topic specifically for you Only $17.96 $11.86/page Between 2011 and 2012 the organization s Non-Entity Assets, especially the Fund Balance with Treasury, were reduced; this reduction did not affect the increase of the organization s Total Entity Assets, due to the significant increase of Entity Assets.