· Explain 4-5 reasons why cash flow is important to a healthcare organization.
Use 2 references to validate your response
2. Understand How Reimbursement Contributes to the Need for Cost Containment
You are the manager in a healthcare organization, and you have been directed to come up with a plan to cut your budget by 5%. Discuss the following:
· What expenses will you cut? Justify the cuts you choose.
· Describe how these cuts will affect patient-centered care.
o Include both positive and negative effects.
Provide at least 1 reference for this discussion.
3. Analyze the Basics of Financial Principles
You are the chief financial officer (CFO) for an organization and need to discuss with fellow C-suite executives that cost cutting is not the only answer to profitability. Prepare for the next manager’s meeting by responding to the following prompts:
· Explain how a capital budget and a return on investment contribute to sustainable growth.
· Clarify the role that risk analysis plays during capital investment decision making.
Provide 1 reference that discusses cost containment and patient care.
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