Which financial statement focuses on the revenues and expenses of healthcare organizations over a period of time?

The financial statement that focuses on the revenues and expenses of healthcare organizations over a period of time is the Statement of Operations. This statement, also known as the income statement, provides a detailed report of the organization's financial performance within a specific timeframe, typically quarterly or annually.

It summarizes how much money was earned (revenues) and how much was spent (expenses) during that period, ultimately showing whether the organization generated a profit or incurred a loss. This is crucial for healthcare organizations as it allows management, stakeholders, and investors to assess operational efficiency, understand cost structures, and make informed decisions about future financial strategies.

In contrast, the other options focus on different aspects of the organization's financial health. The Statement of Assets would list the various assets owned, while the Balance Sheet captures the organization’s financial position at a specific point in time by detailing assets, liabilities, and equity. The Statement of Financial Position is essentially synonymous with the Balance Sheet, further emphasizing that these statements do not provide the temporal revenue and expense information that the Statement of Operations does.