As the CFO of a 100 bed hospital, you have a lot of trouble getting the board of directors to understand the organization’s key performance indicators/metrics using balanced scorecard and dashboard reporting. He has selected you to develop a scorecard and dashboard illustrating the key indicators and send the sample and a memo to the board members explaining the following:
• Your sample balanced scorecard and dashboard reporting
• Discuss the four key success factors of dashboard reporting
o NOTE: You may develop your own or research and find a healthcare balanced scorecard and dashboard online.
The CEO of a 400-bed hospital has scheduled a board of directors meeting to discuss the current financial situation of the hospital and steps that need to be done to correct some current problems. The CFO needs to send each board member an explanation of the financial statements that they will be discussing. You are the Director of Finance and he has asked you to put together a memo, explaining each statement.