Week 9 Discussion- Healthcare Finance
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Week9DiscussionInstructions-HealthcareFinance.docx
Week9LearningResources-HealthcareFinance.docx
Week9DiscussionInstructions-HealthcareFinance.docx
Healthcare Finance
Week 9 Discussion
Working Capital
Working capital, or actual cash available for spending, is the key to a successful organization. In a healthcare organization, it is important to determine how much cash is available to run the day-to-day operations. For this Discussion, you analyze the working capital of a healthcare organization of your choice.
To prepare for this Discussion:
· Locate and select financial statements for a particular healthcare organization. Examine the working capital of the organization.
· Consider the impact of regulations, business plans, and economic dynamics on the working capital requirements of the business. Is there sufficient working capital for business operations of the organization you selected?
Post a cohesive response to the following:
· Analyze the working capital of the healthcare organization you selected.
· Evaluate the impact of regulations, business plans, and economic dynamics on the working capital requirements of the business. Include whether or not there is sufficient working capital for business operations and explain why.
Week9LearningResources-HealthcareFinance.docx
Week 9 Learning Resources
Healthcare Finance
Required Readings
· Pink, G. H., & Song, P. H. (2020). Gapinski’s understanding healthcare financial management (8th ed.). Health Administration Press.
· Chapter 11, “Capital Budgeting” (pp. 407–457)
· Review: Chapter 13, “Financial Condition Analysis” (pp. 507–548)
· Chapter 15, “Revenue Cycle and Current Accounts Management” (pp. 589–623)
· Carlson, R. (2020, January 26). How to create a financial budget for a small business Links to an external site. . https://www.thebalancemoney.com/financial-budget-small-business-393574
· Kaplan, R. S., & Gallani, S. (2022). Variance analysis: New insights from health care applicationsLinks to an external site. . Issues in Accounting Education, 37(2), 27–36. https://doi.org/10.2308/ISSUES-2021-031
· Maru, M. L. B., Magaji, A., Daddau, H., & Mazadu, S. A. (2021). Working capital management and profitability of listed healthcare firms in NigeriaLinks to an external site. . Gusau Journal of Accounting and Finance, 2(1), 1–15.
· Ross, T. K. (2020). Budgeting for resultsLinks to an external site. . Health Care Manager, 39(1), 24–34. https://doi.org/10.1097/Hcm.0000000000000285
· Siedlecki, R., Prędkiewicz, P., Bem, A., & Szpulak, A. (2021). Working capital management in hospitals: Evidence from PolandLinks to an external site. . European Research Studies, 24, 836–850. https://doi.org/10.35808/ersj/2099
· Zhang, R., & Bohlen, J. (2023, January 7). Healthcare business budgetingLinks to an external site. . In StatPearls [Internet]. StatPearls Publishing. https://www.ncbi.nlm.nih.gov/books/NBK589707/
Optional Resources
· OASIS. (n.d.). Statistics skills in Microsoft ExcelLinks to an external site. . Walden University. https://academicguides.waldenu.edu/academic-skills-center/microsoft-office/excel