Methods of Analysis in Health Care Research Paper

Methods of Analysis in Health C are - Research Paper ExampleHorizontal synopsis informs about how different items in the balance sheet and income statement behave in many years. This token type of summary reveals how the performance of the firm has been affected over the years due to environmental factors. This compend is also important information regarding cyclical demand trends and helps comprehend fluctuations of demand for a firm.This particular abbreviation back end be used in wellness care industry to understand reasons of increasing cost over many years. Through this analysis one can know the main areas due to which health care be is increasing. Horizontal analysis will tell which elements have contributed to the increase in costs and which have remained fairly constant over many years or accounting periods.Vertical analysis is a form of financial analysis in which elements of financial statements are presented in a percentage form of total elements (Haber, 2004). Th is type of analysis presents all information of a particular account, for example liabilities, in percentage form of the total value of that particular account or element. Vertical analysis focuses on proportionalitys and attempts to guide decision making based on how frequently weight or proportion a particular element in the balance sheet has. Through this analysis, firms can know easily what proportion of a particular asset, like cash or receivables, is present in the total assets of the company. This analysis can guide decision making by highlighting which areas have are important for the firm and which are not.Vertical analysis can be used in health care by managers to understand the nature of their debt. This analysis can tell managers regarding how much debt is due in the short term and how much is due later.Ratio analysis involves analyzing different aspects of a business including efficiency, leverage, debt, profitability etc (Siddiqui, 2006). This type of analysis focuse s on the relationships between different factors