INTERNSHIP REPORT

A report submitted under the National Education

Policy 2020 to be awarded the degree of

‘BACHELOR OF COMMERCE’
By
Kushal Mehrotra
Class – B.com 3rd
Semester – 5th
Roll Number – 40622840142
YEAR – 2023 – 24
Under Supervision of
Mr. Amit Agrawal
(Managing Director)
SHIR KRISHNA HOSPITAL
Katra Bazirao, Mirzapur
(Duration 05th Dec 2023 to 08nd Jan 2024)

G.D. BINANI POST GRADUATE COLLEGE

Bharuhana, Mirzapur
(Affiliated to Mahatma Gandhi Kashi Vidyapith, Varanasi)
DEPARTMENT OF COMMERCE
G.D. BINANI POST GRADUATE COLLEGE
Bharuhana, Mirzapur
(Affiliated to Mahatma Gandhi Kashi Vidyapith, Varanasi)

CERTIFICATE

This is to certify that the “ Internship Report “ Submitted by

KUSHAL MEHROTRA at SHRI KRISHNA HOSPITAL, Katra
Bazirao, Mirzapur was prepared by him and submitted
during the 2023 – 24 academic year in fulfilment
of the requirements for the degree of
“ BACHELOR OF COMMERCE ”

Internship Coordinator Principal

Mr. Vinod Kr. Pandey Mrs. Beena Singh
 Acknowledgement

The success and final outcome of this project required a lot of

guidance and assistant from many people and I am extremely
fortunate to have their support till the completion of my report
work.

The internship opportunity I had with Mr. Amit Agrawal was a great
chance for learning and professional development.

I would like to express my special thanks to our faculty

coordinator Mr. Vinod Kr. Panday as well as our Principal
Mrs. Beena Singh who gave me the golden opportunity to do
internship, which helped me in learning a lot of new things and also a
warm exposure to the world of accountancy and finance.

I would also like to thank my parents who encouraged me to

complete the internship and also my friends who always helped me
when there was a need of their help during the project.

It is a great opportunity and pleasure for me to express my profound

gratitude towards all the individuals who directly and indirectly
contributed towards completion of this report.

Thank you

Kushal Mehrotra
B.com - 3rd Year
Semester – V
 Table of Content

PAGE
S NO. TOPIC
NUMBER

1 Introduction 01

2 About Shri Krishna Hospital 02 - 03

3 Doctors and Staff 04 - 06

Hospital Facilities at Shri Krishna
4 07 - 10
Hospital
Expenses Management at Shri Krishna
5 11 - 15
Hospital
6 Progress of Shri Krishna Hospital 16 - 19
About Latest Equipment &
7 20 - 25
Technologies
➢ Profit and Loss Account

➢ Balance Sheet

8 Conclusion 26 - 28
INTRODUCTION

This internship report provides a comprehensive overview of my

experience as an Account Assistant at Shri Krishna Hospital. Shri
Krishna Hospital, is a premier healthcare institution renowned for its
commitment to delivering high-quality medical care and services.
Located in Mirzapur, Uttar Pradesh, the hospital stands as a beacon
of hope and healing for the community, combining advanced medical
technology with compassionate care.

During my tenure at Shri Krishna Hospital, I had the privilege of

working in the Accounts Department, which plays a crucial role in the
financial management and operational efficiency of the hospital. The
Accounts Department is responsible for maintaining accurate
financial records, managing budgets, processing invoices, and
ensuring compliance with financial regulations. As an Account
Assistant, my role encompassed various responsibilities that
provided me with a deep understanding of the financial workings
within a healthcare setting.

This report outlines my specific duties, the skills I developed, and the
insights I gained during my internship. Through hands-on experience
and guidance from experienced professionals, I have gained valuable
knowledge in financial management, accounting principles, and the
intricacies of hospital finance. The following sections will detail the
organizational structure of the Accounts Department, my daily tasks,
and the projects I was involved in, highlighting the practical
application of theoretical knowledge in a real-world environment.

Page | 1
ABOUT SHRI KRISHNA HOSPITAL

Shri Krishna Hospital, founded in [Year], is a leading healthcare

institution located in [City, State]. It is dedicated to providing
comprehensive medical services with a focus on quality care and
patient satisfaction. The hospital is equipped with state-of-the-art
medical technology and staffed by highly qualified healthcare
professionals, ensuring that patients receive the best possible
treatment.

The hospital offers a wide range of medical services, including

general medicine, surgery, pediatrics, obstetrics and gynecology,
orthopedics, cardiology, neurology, and emergency care. Each
department is managed by specialists who are experts in their
respective fields, contributing to the hospital's reputation for
excellence in healthcare.

Shri Krishna Hospital is not only focused on treating illnesses but also
emphasizes preventive care and wellness. Through various health
education programs, screenings, and wellness initiatives, the hospital
aims to promote a healthy lifestyle within the community.

Page | 2
As an Account Assistant, my role involves supporting the financial
operations of the hospital. The Accounts Department is integral to
the hospital's functioning, handling tasks such as financial reporting,
budgeting, billing, and payroll. By maintaining accurate financial
records and ensuring compliance with financial regulations, the
department helps sustain the hospital's financial health, allowing it
to continue serving the community effectively.

During my internship, I have gained invaluable experience in hospital

finance, learning about the specific challenges and requirements of
managing finances in a healthcare setting. The experience has
provided me with a solid foundation in accounting principles, as well
as an understanding of the critical role that financial management
plays in the successful operation of a healthcare institution like Shri
Krishna Hospital.

Page | 3
DOCTORS AND STAFF

Dr. Amit Agrawal - Chief Medical Officer

Dr. Amit Agrawal, the Chief Medical Officer at Shri Krishna Hospital,
is a highly esteemed professional with over 20 years of experience in
the medical field. He holds an MD in Internal Medicine and has been
instrumental in enhancing the hospital's medical services and patient
care standards. Dr. Amit is known for his compassionate approach
and strong leadership skills, which have fostered a collaborative
environment among the medical staff.

Mr. Rajesh Kumar - Chief Financial Officer

Mr. Rajesh Kumar serves as the Chief Financial Officer (CFO) at Shri
Krishna Hospital. With a Master's degree in Finance and over 15
years of experience in healthcare financial management, Mr. Kumar
oversees all financial operations, including budgeting, financial
planning, and auditing. His expertise has been pivotal in maintaining
the hospital's financial stability and ensuring the efficient allocation
of resources.

Ms. Priya Sharma - Head of Nursing

Ms. Priya Sharma is the Head of Nursing, bringing with her a wealth
of experience in patient care and nursing management. She holds a
Bachelor's degree in Nursing and a Master's in Healthcare
Administration. Ms. Sharma is responsible for supervising the nursing
staff, implementing nursing protocols, and ensuring high standards
of patient care. Her dedication to her team and patients is evident in
the positive feedback received from both staff and patients.

Page | 4
Dr. Ravi Patel - Head of Cardiology
Dr. Ravi Patel leads the Cardiology Department at Shri Krishna
Hospital. He is a renowned cardiologist with an impressive academic
background, including a fellowship in interventional cardiology. Dr.
Patel is committed to advancing cardiac care at the hospital through
the adoption of cutting-edge techniques and technologies. His
passion for cardiology and patient welfare drives the department's
success.

Ms. Ananya Desai - Human Resources Manager

Ms. Ananya Desai is the Human Resources Manager at Shri Krishna
Hospital. She holds a Master's degree in Human Resource
Management and has over 10 years of experience in the field. Ms.
Desai's role involves managing recruitment, employee relations,
training, and development. Her efforts in fostering a positive
workplace culture and supporting employee growth have
significantly contributed to the hospital's high staff retention rate.

Mr. Amit Verma - Senior Accountant

Mr. Amit Verma, the Senior Accountant, has been with Shri Krishna
Hospital for over 8 years. He holds a Bachelor's degree in Accounting
and is a certified public accountant. Mr. Verma manages the
hospital's financial records, oversees accounts payable and
receivable, and ensures compliance with financial regulations. His
meticulous attention to detail and dedication to accuracy are vital to
the department's operations.

Page | 5
Ms. Ritu Singh - Operations Manager
Ms. Ritu Singh is the Operations Manager at Shri Krishna Hospital.
She holds an MBA in Healthcare Management and has extensive
experience in hospital operations. Ms. Singh is responsible for
overseeing the day-to-day administrative functions, ensuring
operational efficiency, and implementing policies and procedures.
Her strategic thinking and problem-solving skills are essential to the
smooth functioning of the hospital.

These dedicated professionals, along with the rest of the staff at Shri
Krishna Hospital, work tirelessly to ensure that the hospital provides
exceptional care and services to its patients. Their collective
expertise and commitment to excellence make Shri Krishna Hospital
a trusted healthcare provider in the community.

Page | 6
HOSPITAL FACILITIES AT SHRI KRISHNA HOSPITAL

Shri Krishna Hospital is dedicated to providing comprehensive and

high-quality medical services to both current and new patients. The
hospital is equipped with modern facilities designed to meet a wide
range of healthcare needs. Below is an overview of the key facilities
available at Shri Krishna Hospital.

Inpatient and Outpatient Services

Shri Krishna Hospital offers both inpatient and outpatient services to
cater to various patient requirements. The inpatient department
includes well-equipped rooms and wards, ensuring patient comfort
and privacy. The outpatient department provides quick and efficient
services for consultations, diagnostics, and minor procedures,
minimizing wait times and enhancing patient convenience.

Emergency and Trauma Care

The Emergency Department at Shri Krishna Hospital is operational
24/7, staffed by skilled medical professionals trained to handle
critical and trauma cases. The department is equipped with
advanced life-support systems, ensuring that patients receive
immediate and effective care during emergencies.

Page | 7
Diagnostic Services
The hospital boasts a comprehensive range of diagnostic services,
including state-of-the-art imaging facilities like MRI, CT scan, X-ray,
and ultrasound. Additionally, the hospital has a well-equipped
pathology lab that offers a wide array of tests to support accurate
diagnosis and effective treatment planning.

Surgical Facilities
Shri Krishna Hospital has modern operating theaters equipped with
the latest surgical technology. The surgical team is proficient in
performing a variety of procedures, ranging from routine surgeries to
complex operations. The hospital also has a dedicated post-operative
care unit to monitor patients' recovery closely.

Specialized Departments
The hospital features several specialized departments, each
managed by experienced professionals. These include:

• Cardiology: Comprehensive cardiac care, including diagnostics,

interventional procedures, and cardiac rehabilitation.
• Neurology: Advanced neurological care for conditions such as
stroke, epilepsy, and neurodegenerative disorders.
• Orthopedics: Treatment for musculoskeletal conditions,
including joint replacement surgeries and rehabilitation.
• Pediatrics: Specialized care for infants, children, and
adolescents, including immunizations and developmental
assessments.
• Obstetrics and Gynecology: Comprehensive care for women,
including prenatal, childbirth, and postnatal services.

Page | 8
Intensive Care Units (ICUs)
Shri Krishna Hospital has specialized ICUs for critical care patients,
including Medical ICU, Surgical ICU, Neonatal ICU, and Cardiac ICU.
These units are equipped with advanced monitoring systems and life-
support equipment, ensuring the highest level of care for critically ill
patients.

Rehabilitation and Physiotherapy

The hospital provides rehabilitation services, including
physiotherapy, occupational therapy, and speech therapy, to support
patients' recovery and improve their quality of life. The rehabilitation
center is equipped with modern facilities to assist patients in
regaining their functional abilities.

Pharmacy Services
The in-house pharmacy at Shri Krishna Hospital is open 24/7,
ensuring that patients have timely access to prescribed medications.
The pharmacy is managed by qualified pharmacists who provide
medication counseling and ensure the safe dispensing of drugs.

Preventive Health Programs

Shri Krishna Hospital emphasizes preventive healthcare through
various health education programs, screenings, and wellness
initiatives. These programs aim to promote a healthy lifestyle and
early detection of diseases, contributing to the overall well-being of
the community.

Page | 9
Patient Support Services
To enhance patient experience, the hospital offers various support
services, including patient counseling, dietary services, and social
services. These services are designed to address the holistic needs of
patients and their families, ensuring a supportive and compassionate
healthcare environment.

The facilities at Shri Krishna Hospital reflect its commitment to

excellence in healthcare, providing a wide range of services to meet
the diverse needs of its patients. Through continuous improvement
and dedication to patient care, the hospital strives to maintain its
position as a leading healthcare provider in the region.

Page | 10
EXPENSES MANAGEMENT AT SHRI KRISHNA HOSPITAL

Expenses Management at Shri Krishna Hospital

Effective expenses management is crucial for maintaining the
financial health of Shri Krishna Hospital. As an Account Assistant, I
have been involved in various aspects of financial operations, gaining
insights into how the hospital manages its expenditures to ensure
sustainability and high-quality patient care. This section outlines the
key components and strategies of expenses management at Shri
Krishna Hospital.

Budgeting and Financial Planning

The foundation of expenses management at Shri Krishna Hospital lies
in meticulous budgeting and financial planning. The hospital
prepares an annual budget that forecasts revenues and expenditures
across different departments. This budget serves as a roadmap for
financial operations, helping to allocate resources efficiently and
monitor financial performance throughout the year.

Cost Control Measures

To maintain financial stability, Shri Krishna Hospital implements
several cost control measures. These include:

1. Regular Financial Audits: Conducting internal and external audits

to ensure accuracy in financial reporting and compliance with
regulatory standards.

Page | 11
2. Expense Monitoring: Continuous monitoring of expenses against
the budget to identify variances and take corrective actions
promptly.

3. Procurement Management: Implementing stringent procurement

policies to secure medical supplies and equipment at competitive
prices without compromising quality.

4. Energy and Resource Efficiency: Adopting energy-efficient

practices and technologies to reduce utility costs and
environmental impact.

Payroll and Human Resources Expenses

Managing payroll and human resources expenses is a significant
aspect of the hospital’s financial operations. The Accounts
Department ensures timely and accurate processing of salaries,
benefits, and other employee-related expenses. Additionally, the
hospital invests in staff training and development programs,
balancing the need for cost management with the importance of
maintaining a skilled and motivated workforce.

Medical Supplies and Equipment

The procurement and management of medical supplies and
equipment constitute a substantial portion of the hospital’s
expenses. Shri Krishna Hospital employs a centralized procurement
system to negotiate bulk purchasing agreements, reducing costs.
Inventory management systems are also in place to minimize
wastage and ensure the availability of essential supplies.

Page | 12
Facility Maintenance and Upgrades
Maintaining and upgrading hospital facilities is vital for providing a
safe and comfortable environment for patients and staff. The
hospital allocates funds for regular maintenance, repairs, and
technological upgrades. Strategic planning ensures that capital
expenditures are prioritized based on necessity and potential impact
on patient care.

Financial Reporting and Analysis

Accurate financial reporting and analysis are essential for effective
expenses management. The Accounts Department prepares monthly
financial statements, including income statements, balance sheets,
and cash flow statements. These reports provide insights into the
hospital’s financial health and support informed decision-making by
the management team.

Patient Billing and Revenue Cycle Management

Efficient patient billing and revenue cycle management are critical
for optimizing cash flow. Shri Krishna Hospital employs a robust
billing system that ensures accurate and timely invoicing. The
hospital also works with insurance providers to facilitate smooth
reimbursement processes. Efforts are made to minimize accounts
receivable through proactive follow-up on outstanding payments.

Page | 13
Investment in Technology
Investing in technology is a strategic priority for Shri Krishna Hospital.
Advanced healthcare technologies not only enhance patient care but
also improve operational efficiency. The hospital allocates funds for
the implementation and maintenance of electronic health records
(EHR) systems, diagnostic equipment, and other technological
advancements.

Contingency Planning
To mitigate financial risks, Shri Krishna Hospital maintains a
contingency fund. This fund is reserved for unexpected expenses,
such as emergency repairs, equipment replacement, or unforeseen
medical supply shortages. Having a contingency plan in place ensures
the hospital can respond effectively to financial challenges without
compromising patient care.

Continuous Improvement
Shri Krishna Hospital is committed to continuous improvement in its
expenses management practices. Regular reviews of financial
policies, staff training in financial management, and the adoption of
best practices in healthcare finance are integral to this commitment.
The hospital strives to enhance efficiency, reduce costs, and
maximize the value of its financial resources.

Page | 14
The expenses management strategies at Shri Krishna Hospital are
designed to ensure financial sustainability while maintaining the
highest standards of patient care. Through diligent budgeting, cost
control measures, efficient resource management, and continuous
improvement, the hospital effectively manages its expenditures,
supporting its mission to provide excellent healthcare services to the
community.

Page | 15
PROGRESS OF SHRI KRISHNA HOSPITAL

Over the past five years, Shri Krishna Hospital has undergone
significant progress and development, reinforcing its commitment to
providing exceptional healthcare services. This section highlights the
key areas of growth and improvement observed at the hospital
during this period.

Infrastructure Expansion
One of the most notable areas of progress has been the expansion of
the hospital's infrastructure. In response to increasing patient
demand, Shri Krishna Hospital has added new wings and upgraded
existing facilities. This expansion includes additional inpatient rooms,
advanced surgical suites, and specialized units such as a new
neonatal intensive care unit (NICU) and a dedicated oncology center.
These developments have significantly increased the hospital's
capacity to serve the community.

Technological Advancements
Shri Krishna Hospital has made substantial investments in state-of-
the-art medical technology. Over the past five years, the hospital has
acquired advanced diagnostic equipment, including high-resolution
MRI and CT scanners, digital mammography units, and the latest in
ultrasound technology. Additionally, the implementation of an
electronic health record (EHR) system has streamlined patient data
management, enhancing the efficiency and accuracy of clinical
operations.
Page | 16
Quality of Care and Accreditation
Continuous improvement in the quality of care has been a primary
focus at Shri Krishna Hospital. The hospital has achieved several
accreditations and certifications from prestigious healthcare
organizations, reflecting its adherence to high standards of patient
care and safety. Initiatives such as regular staff training, adherence
to best practices, and rigorous quality control measures have
contributed to this achievement. Patient satisfaction surveys and
feedback mechanisms have also been implemented to ensure
ongoing quality improvements.

Introduction of New Services

To address the evolving healthcare needs of the community, Shri
Krishna Hospital has introduced several new services and specialized
departments. These include a comprehensive cardiac care unit, a
multidisciplinary pain management clinic, and a specialized diabetes
care center. The hospital has also expanded its outpatient services,
offering specialized clinics for various conditions and health
screenings.

Community Outreach and Preventive Care

Shri Krishna Hospital has strengthened its community outreach
programs and preventive care initiatives over the past five years.
Health camps, awareness campaigns, and free medical check-ups
have been organized regularly to promote health and wellness within
the community. The hospital's preventive care programs focus on
early detection of diseases, vaccination drives, and lifestyle
modification counseling, contributing to overall public health
improvement.
Page | 17
Financial Performance and Sustainability
Financially, Shri Krishna Hospital has demonstrated robust
performance and sustainability. Effective expense management,
strategic financial planning, and an increase in patient volume have
contributed to a steady growth in revenue. The hospital has also
secured funding and grants for various development projects,
ensuring that financial resources are available to support ongoing
and future initiatives.

Staff Development and Training

Recognizing that a skilled and motivated workforce is essential for
delivering high-quality care, Shri Krishna Hospital has placed
significant emphasis on staff development and training. Continuous
professional development programs, workshops, and certifications
have been made available to all staff members. These initiatives have
not only enhanced the skills and knowledge of the hospital’s
personnel but also fostered a culture of excellence and teamwork.

Research and Innovation

In the realm of medical research and innovation, Shri Krishna
Hospital has made commendable progress. Collaborations with
academic institutions and research organizations have facilitated
clinical research projects aimed at improving patient outcomes and
advancing medical knowledge. The hospital has also established a
research and development wing to support innovative healthcare
solutions and treatment methodologies.

Page | 18
Patient Experience and Satisfaction
Improving patient experience has been a cornerstone of Shri Krishna
Hospital's progress. The hospital has implemented various patient-
centric initiatives, including streamlined admission and discharge
processes, enhanced patient communication systems, and the
establishment of a patient support and counseling center. These
efforts have led to higher patient satisfaction rates and strengthened
the hospital’s reputation as a trusted healthcare provider.

Future Plans
Looking ahead, Shri Krishna Hospital plans to continue its trajectory
of growth and development. Future initiatives include the expansion
of telemedicine services, further infrastructural developments, and
the introduction of additional specialized medical programs. The
hospital remains committed to leveraging technology, fostering
innovation, and maintaining its focus on quality care to meet the
healthcare needs of the community.

The progress of Shri Krishna Hospital over the last five years has been
marked by significant advancements in infrastructure, technology,
quality of care, and community engagement. As an Account
Assistant, witnessing and contributing to this journey has provided
invaluable insights into the dynamic and evolving landscape of
healthcare management.

Page | 19
ABOUT LATEST EQUIPMENT & TECHNOLOGIES

Shri Krishna Hospital has continually invested in advanced medical

technology to ensure the highest standards of patient care and
treatment outcomes. As an Account Assistant, I have had the
opportunity to learn about some of the latest equipment used in the
hospital for various treatments. This section provides an overview of
the cutting-edge medical equipment currently in use at Shri Krishna
Hospital.

1. 3 Tesla MRI Scanner

The hospital has recently acquired a 3 Tesla MRI scanner, which
provides exceptional image quality and resolution. This advanced
MRI technology allows for more accurate diagnosis of neurological,
musculoskeletal, and cardiovascular conditions. The higher magnetic
field strength of the 3 Tesla MRI enhances the clarity of soft tissue
images, facilitating early detection and precise treatment planning.

2. Robotic Surgery System

Shri Krishna Hospital has introduced a state-of-the-art robotic
surgery system, enabling minimally invasive surgical procedures with
enhanced precision and control. The robotic system is particularly
beneficial for complex surgeries, such as prostatectomy,
hysterectomy, and cardiac valve repair. This technology reduces
surgical risks, minimizes patient recovery time, and leads to better
clinical outcomes.

Page | 20
3. Digital Mammography with Tomosynthesis
The latest addition to the hospital's diagnostic imaging department is
the digital mammography machine with tomosynthesis (3D
mammography). This advanced imaging technology provides detailed
three-dimensional images of the breast, improving the accuracy of
breast cancer detection and reducing the number of false positives.
It is particularly effective for patients with dense breast tissue.

4. Advanced Linear Accelerator (LINAC)

The hospital's oncology department now features an advanced linear
accelerator (LINAC) for precise radiation therapy. This equipment
delivers high-energy x-rays to target and destroy cancer cells while
sparing surrounding healthy tissue. The latest LINAC technology
supports various advanced radiation therapy techniques, including
intensity-modulated radiation therapy (IMRT) and image-guided
radiation therapy (IGRT).

5. Next-Generation Sequencing (NGS) Platform

To enhance its diagnostic and research capabilities, Shri Krishna
Hospital has invested in a next-generation sequencing (NGS)
platform. NGS technology allows for comprehensive genetic analysis,
enabling the identification of genetic mutations and personalized
treatment plans for patients with cancer, genetic disorders, and
infectious diseases. This equipment plays a crucial role in precision
medicine and genomics research.

Page | 21
6. Automated Medication Dispensing Systems
The hospital has implemented automated medication dispensing
systems to improve medication management and patient safety.
These systems ensure accurate dispensing and administration of
medications, reducing the risk of medication errors. The technology
also streamlines pharmacy operations, enhancing efficiency and
reducing wait times for patients.

7. High-Resolution Ultrasound Machines

Shri Krishna Hospital has upgraded its ultrasound imaging capabilities
with high-resolution ultrasound machines. These machines provide
clearer and more detailed images, aiding in the accurate diagnosis of
various conditions, including abdominal, vascular, and obstetric
issues. The enhanced imaging quality supports better clinical
decision-making and patient care.

8. Electronic Health Record (EHR) System

The implementation of a comprehensive electronic health record
(EHR) system has revolutionized patient data management at Shri
Krishna Hospital. The EHR system allows for seamless integration of
patient information, facilitating efficient communication among
healthcare providers and improving overall patient care. It supports
various functionalities, including electronic prescribing, lab results
management, and patient scheduling.

Page | 22
9. Telemedicine Platforms
In response to the growing demand for remote healthcare services,
the hospital has adopted advanced telemedicine platforms. These
platforms enable virtual consultations, remote monitoring, and
telehealth services, providing patients with convenient access to
healthcare professionals. Telemedicine has been particularly
valuable during the COVID-19 pandemic, ensuring continuity of care
while minimizing the risk of infection.

10. Wearable Health Monitoring Devices

Shri Krishna Hospital has introduced wearable health monitoring
devices for continuous patient monitoring. These devices track vital
signs, such as heart rate, blood pressure, and oxygen levels, in real-
time. The data collected from these devices is integrated into the
hospital’s EHR system, allowing healthcare providers to monitor
patients' health status remotely and intervene promptly when
necessary.

The adoption of these latest medical technologies at Shri Krishna

Hospital underscores its commitment to providing cutting-edge
healthcare services. These advanced equipment and systems not
only enhance diagnostic and treatment capabilities but also improve
patient safety, efficiency, and overall care quality. As an Account
Assistant, understanding the financial implications and benefits of
these investments has been a valuable aspect of my internship
experience.

Page | 23
PROFIT AND LOSS ACCOUNT
In this current report, I am going to present the profit and loss
account of Shri Krishna Hospital for the last two years.

SHRI KRISHNA HOSPITAL

KATRA BAZIRAO, MIRZAPUR, UTTAR PRADESH – 231001
PROFIT AND LOSS STATEMENT
IN (₹)
PARTICULARS 2023 2022
Revenue
Sales revenue 72,58,400.00 61,57,200.00
Total Revenue 72,58,400.00 61,57,200.00

Expenses
Advertising Expenses 2,35,000.00 1,75,400.00
Commissions 5,80,000.00 4,20,000.00
Depreciation 10,27,500.00 8,26,500.00
Insurance 2,80,000.00 2,30,000.00
Bank Charges 39,254.00 32,541.00
Maintenance and repairs 3,36,000.00 5,42,000.00
Printing & Stationary 86,250.00 72,500.00
Rent 8,00,000.00 7,00,000.00
Salaries 12,00,000.00 10,00,000.00
Expenses 8,20,000.00 6,10,000.00
Travel & Conveyance 3,15,500.00 2,58,000.00
Power & Fuel 1,65,600.00 1,32,500.00
Total Expenses 58,85,104.00 49,99,441.00

Net Profit 13,73,296.00 11,577,59.00

Page | 24
BALANCE SHEET

SHRI KRISHNA HOSPITAL

KATRA BAZIRAO, MIRZAPUR, UTTAR PRADESH – 231001
BALANCE SHEET STATEMENT
IN (₹)

Particulars 31.03.2023 31.03.2022

I. EQUITY AND LIABILITIES

(1) Shareholder's funds
(b) Reserves and surplus 13,73,296.00 11,57,759.00

(3) Non-current liabilities

(a) Long-term borrowings 67,91,200.00 51,15,380.00

(4) Current liabilities

(a) Short-term borrowings 7,00,000.00 5,00,000.00
(b) Trade payables 1,65,840.00 1,24,540.00

Total 90,30,336.00 68,97,679.00

II. ASSETS
Non-current assets
(1) (a) Fixed assets
(i) Tangible assets 68,50,000.00 55,10,000.00

(2) Current assets

(a) Current investments 3,84,500.00 2,68,000.00
(c) Trade receivables 4,54,200.00 2,85,400.00
(d) Cash and cash equivalents
Cash in Hand 1,26,580.00 1,45,850.00
BANK OF BARODA 2,25,480.00 5,38,20.00
BANK OF INDIA 7,05,640.00 4,51,540.00
INDIAN BANK 2,83,936.00 1,83,069.00

Total 90,30,336.00 68,97,679.00

Page | 25
CONCLUSION

My internship at Shri Krishna Hospital as an Account Assistant has

provided me with a profound understanding of the hospital's
operations, financial management, and commitment to delivering
exceptional healthcare services. Shri Krishna Hospital has made
remarkable progress over the past five years, marked by significant
advancements in infrastructure, technology, and patient care.

The hospital's investment in state-of-the-art medical equipment,

such as the 3 Tesla MRI scanner, robotic surgery system, and next-
generation sequencing platform, underscores its dedication to
adopting the latest innovations in healthcare. These technologies
enhance diagnostic accuracy, improve treatment outcomes, and
ensure patient safety.

Effective expenses management and strategic financial planning

have played crucial roles in the hospital's sustainability and growth.
Through meticulous budgeting, cost control measures, and efficient
resource allocation, Shri Krishna Hospital has maintained its financial
stability while continually expanding and upgrading its services.

Page | 26
The hospital's focus on quality care, as evidenced by its
accreditations and patient satisfaction initiatives, reflects its
unwavering commitment to excellence. The introduction of new
services and specialized departments, along with a strong emphasis
on community outreach and preventive care, highlights the hospital's
dedication to meeting the diverse healthcare needs of the
community.

Furthermore, the professional development and training

opportunities provided to the staff have fostered a culture of
continuous improvement and excellence. The collaborative efforts of
the hospital's leadership, medical professionals, and support staff
have been instrumental in achieving its mission and vision.

The financial analysis of Shri Krishna Hospital for the financial years
ending March 2022 and March 2023 provides valuable insights into
the company's performance and financial health.

a) Financial Performance: Shri Krishna Hospital's financial

performance is a testament to its strategic management and prudent
financial practices. Through consistent revenue growth, efficient cost
management, and strong financial controls, the company has
maintained a solid financial position. This includes achieving positive
cash flows, healthy liquidity ratios, and a stable balance sheet,
demonstrating resilience and sustainability in the face of market
challenges.

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b) Profitability: Shri Krishna Hospital has demonstrated healthy
performance, return on investment. This profitability is a result of
effective pricing strategies, value-added services, and a focus on
maximizing revenue while controlling expenses. It reflects the
company's ability to create value for stakeholders and sustain long-
term profitability in a competitive industry landscape.

This internship report aims to present a comprehensive

understanding of the company's profit and loss account and serves
as a valuable learning experience in financial analysis and reporting.

Shri Krishna Hospital stands as a leading healthcare institution,

characterized by its advanced medical facilities, innovative practices,
and a patient-centric approach. My experience here has been
enriching and insightful, providing me with valuable knowledge and
skills in healthcare finance and administration. As the hospital
continues to evolve and expand, it remains steadfast in its
commitment to delivering high-quality healthcare and improving the
well-being of the community it serves.

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