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Essay Available:
Pages:
1 page/β‰ˆ275 words
Sources:
1 Source
Style:
APA
Subject:
Accounting, Finance, SPSS
Type:
Coursework
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 5.62
Topic:

The Significance of Financial Statements in Healthcare Finance

Coursework Instructions:

Instructions 

5 POINTS
   

This week, your book discussed the importance of financial statements. For your post this week, I want you to discuss the importance of financial statements to managers, and to outside parties. Also, Iwould like you to explain the difference if the hospital is a for-profit, or not-for-profit

organization.

  • Write a minimum of 250 and a maximum of 300 words.
  • Support your post by citing one reference {other than the text} in the discussion.
  • Submit your original post
  • Respond to at least 1 other post 

Failure to submit posts in a timely manner, meet the assigned minimum word count, include citations and references for external sources, or respond to an instructor or peer comment will result in a Zero

Coursework Sample Content Preview:


The Significance of Financial Statements in Healthcare Finance
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The Significance of Financial Statements in Healthcare Finance
Financial accounts reveal an organization's health and performance, making them crucial in healthcare financing. Internal management and external users need these remarks to make choices (Gepenski, 2019). However, for-profit and not-for-profit hospitals use and understand financial records differently because they have different goals and interests.
Importance to Managers
Financial statements are essential for hospital administrators, whether for-profit or not. First, managers evaluate hospital finances, such as liquidity, efficiency, and profitability, using financial statements. For-profit managers 

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