MGAC01H3 Lecture Notes - Financial Statement, Political Risk Insurance, Due Date
3 Aug 2014
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Document Summary
The management of health-is-us ltd. has spent the past year reorganizing the company"s business activities. The company has been a service provider to hospitals, in not only canada, but also parts of. Originally the company had operated only in canada, where hospital care is provided at government expense through public health care systems. The african operations were supported by the various nations" governments, with additional aid provided through the stephan louis foundation. Us to provide audited financial statements each year as a condition for continuing its support. Health-is-us has been under pressure to decrease the cost of its services to hospitals as a result of severe budget pressure on the governments that bear the ultimate cost of hospital care. The company has consolidated some services, reduced its workforce, and sold some parts of its operations. It now is december 31, 2012, the end of the fiscal year.
