The healthcare organization selected for the capital budget proposal research is Amedisys Inc. Amedisys was established in 1991 by Betsey Trigilio (Amedisys Inc., 2019). The organization mainly operates in the state of Massachusetts since it has 15 offices within the state. However, Amedisys also has offices in Tennessee and Florida. The SIC code of the organization on the SEC website is 8082 given that the business offers home healthcare services to its clients (U.S. Securities and Exchange Commission, 2019). The mission of Amedisys is based on the fact that everyone needs something to believe in so as to give meaning, purpose, and groundedness to their lives (Amedisys Inc., 2019). Based on this statement the organization strives to offer support to its patients and employees. Amedisys provides three broad types of services on the market, which include home health care, hospice care, and personal care (Amedisys Inc., 2019). Firstly, home health care services ensure that individuals reside safely and independently at home when recovering from illnesses or surgeries and also when managing chronic ailments or handling multiple diagnoses. The home health care services aim at delivering tools and resources that might be valuable in controlling the patient’s diseases or achieving their desired health goals. The organization also gives patient training, medication management, and specialty programs for older adults with chronic conditions to ensure effective delivery of home health care services (Amedisys Inc., 2019).
Secondly, the hospice services offered by Amedisys aim at ensuring that patients live their lives to the fullest, particularly when faced by life-limiting conditions. The Amedisys hospice team serves patients from the comfort of their homes by enhancing connects that foster emotional, psychological, and spiritual healing to the patients. Some of the services offered under hospice care include physician services, pain and symptom management, social worker services, spiritual care and support, nursing care, and occupational, physical, and speech therapy (Amedisys Inc., 2019). Lastly, the personal care offered by Amedisys is aimed at rendering companionship and constant in-home care to offer peace of mind to people seeking additional care for their families and friends. The specially training caregivers and nurses of the organization provide customized services to patients around the clock. Some of the main services under personal care include home health aides, companions and homemakers, live-in senior home care, skilled nursing care and medical management, specialized dementia and Alzheimer’s care, laundry services, and chore services among others (Amedisys Inc., 2019).
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This organization is in compliance with the SEC requirements for filing its financial statements. For this reason, it is certain that Amedisys will be relevant in offering all the details required in completing the final project. As the industry leader, the organization has laid down the necessary frameworks to counter fraud in its operations (Amedisys Inc., 2019). Thus, the company will provide credible data that can be relied to deliver a top-notch capital budget proposal research. The company also has an investors section on its website, which offers all the financial data pertinent to the business. The financial disclosure of the organization, therefore, makes it a perfect selection for the provision of the required data. The financial statements that will be crucial in completing milestone three are provided on the company’s website as well as the SEC website (U.S. Securities and Exchange Commission, 2019). As such, the capital budget items will easily be accessed to provide a great budget proposal for Amedisys. The organization will also facilitate the completion of the financial statement analyses given that all the statements have been disclosed on their website and the SEC. Hence, the calculations of the financial ratios, which include profitability ratios and assets performance ratios will be easily achieved using the data available for Amedisys. The availability of financial statements for many fiscal periods of Amedisys will also make it possible to devise appropriate recommendations that can guide enhanced operational budgeting in health care.
References
Amedisys Inc. (2019). The Amedisys foundation . Retrieved from https://www.amedisys.com/about/foundation/
Amedisys Inc. (2019). SEC filings. Retrieved from http://investors.amedisys.com/Docs
U.S. Securities and Exchange Commission. (2019). Edgar search results . Retrieved from https://www.sec.gov/cgi-bin/browse- edgar?action=getcompany&CIK=0000896262&owner=include&count=40
U.S. Securities and Exchange Commission. (2019). Form 10-K, Amedisys Inc . Retrieved from https://www.sec.gov/Archives/edgar/data/896262/000089626219000004/amed- 20183112x10xk.htm
