Health Care Management

In a minimum of 400 words please discuss the activity and the purpose of these functions of the finance system in a healthcare organization.

1. Record and report transactions that change the value of the firm

2. Manage future financial status

3. Improve continuously monitor and benchmark satisfaction with accounting and financial performance

Regarding Financial Management in a healthcare organization, we learned about the major steps in developing operations budgets.  In a minimum of 400 words please discuss two major steps including the finance activity, operations activity, and intent.