A Study on Financial Statement Analysis with Reference to CIMS Medica India Pvt Ltd, Bengaluru.

Abstract

Healthcare sector is the segment of the economy made up of companies that specify in products and services related to health and medical care. Healthcare has grown into one of India’s major sectors - both in terms of revenue and employment. This altering scenario of the healthcare industry has drastically altered the IT requirements of hospitals. India's spending on the health sector has increased from 1.2 per cent of the GDP in 2013-14 to 1.4 per cent in 2017-18. Per capita spending in healthcare stands at $61 in 2012.Private sector investments lead government investments in the sector. The second industry sector that involved of companies that produce biotechnology, pharmaceuticals, and miscellaneous scientific services. The current project aims to understand the analysis methodology and financial analysis of company. The current research shows is an attempt to understand and estimate the performance of healthcare IT sector. The study is focused on Performance Capability and Financial strength of the company