20 Jul Assignment DescriptionThe board of directors of your for-profit h

Assignment DescriptionThe board of directors of your for-profit hospital (https://www.utsouthwestern.edu/about-us/facts/) 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.ORIGINAL ——-NON PLAGIARISED DOCUMENTConsider the following options in support of your decision:  Projected      profit and loss statements Retention of      estimates Selected cost      of capital Other      spreadsheets and calculations you feel are needed to support your      decision Consider the following topics in your discussion: Key      characteristics of nonprofit hospitals that differ from for-profit      hospitals  Include the       characteristics required to maintain a nonprofit status.  The need for      shifts in corporate structure required for survival in this environment,      including safety net requirements and responsibilities Potential      reasons driving both organizations and considerations between an outright      merger verses a corporate alliance or joint venture.  Assessment of      the payer mix, financial benchmarks of nonprofit and for-profit hospitals Consider       uncompensated care burdens within the for-profit model Proffer a      decision based on your analysis of whether the organization should      convert, create a joint venture, or decline the offer with rationale and      justification.  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 ORIGINAL ——-NON PLAGIARISED paper should be 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 Last 5 years.