Accounting and Medicine

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Assignment Part #1

Respond the questions below

 

Managing financial risk is an important responsibility of medical managers. Risk management is an important processto keep the finances of all healthcare organizations safe.  Discuss the following:

1. What are the financial risks to healthcare organizations?

2. What roledo the accountants play in risk management?

3. Why is it important to hire accountants that understand the unique needs of a healthcare organization?

 

Part #2

Resolve the excel exercice (see Atachment)

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  • attachment
    managing_financial_risks.docx
  • attachment
    part_2.xls