How to manage working capital in healthcare organizations


Discussion:

Your Discussion postings should be written in standard edited English and should follow APA guidelines. Be sure to support your work with specific in-text citationsfrom this Resources and additional scholarly sources such as those found in the Library. Refer to the Pocket Guide to APA Style to ensure that your in-text citations and reference list are correct. Initial postings must be 250 to 350 words (not including references).

Post your answer to one of the following topic questions (one post answer) by Saturday, then respond to two or more fellow classmates (two posts) that are thoughtful and advance the discussion. Student responses postings must be 100 to 150 words (not including references).

Choose one of the following:

Healthcare organizations strive to manage working capital in such a way that they can reliably cover their short-term expenses while also getting the best possible benefits from their capital. In managing working capital, healthcare organizations face some common challenges, as well as other challenges that are particular to the institution. What challenges would a for-profit facility that has a constant stream of revenue face in managing its capital? How would these challenges differ from a military hospital that is given its funding at the beginning of the year?

Bring to mind a healthcare organization with which you are familiar with, and think through the various challenges it might face in managing its working capital. What techniques or policies can it implement to effectively manage their working capital?

 

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Financial Management: How to manage working capital in healthcare organizations
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