Using financial statements from 3M health care organization develop a financial plan for the next three years.

Using the Annual Reports of both organizations, consider the financial ratio that analysts would use to evaluate the financial condition of each company. Speculate on the organization’s ability to merge with its competitors.

Write a six- to eight-page paper in which you: 1. Use your ratio analysis to determine whether the profitability trends are favorable or unfavorable and explain your rationale. 2. Suggest the key financial drivers that most likely will cause health care organizations to merge. Provide support for your rationale.3. Assume that your organization and competing health care organization have merged. Determine the evaluation criteria that a financial analyst would use to evaluate the financial performance of the organization post-merger, and identify the determinants that the analyst would use to decide whether or not the merger generated favorable financial results for the organization. Provide support for your evaluation.4. Predict the financial stability of the health care industry over the next three years. Provide support for your prediction.5. Use at least three quality, current (no more than four years old) academic resources.

*Note: Wikipedia and other Websites do not qualify as academic resources. Scholarly resources include national health professional journals, governmental website and corporate organizations.

Your assignment must follow these formatting requirements: • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are: • Apply the health financial planning process and its components in financial management activities. • Use technology and information resources to research issues in health financial management. • Write clearly and concisely about health financial management using proper writing mechanics.