Instructions

Create a journal assignment in which you provide a concise description of the purpose of financial measurement in healthcare.

Next, list the major financial measures that are monitored by financial managers in the healthcare industry and, for each measure, provide one or two examples of decisions that might be informed by that measure.

Finally, identify the one or two measures you found during your research that are most important for the survival of a healthcare organization. Using that evidenced-based research, explain why these measures are important. To assist you with writing this journal, see below for some valuable resources:

 

Please go to these links:

https://www.beckershospitalreview.com/finance/5-key-financial-ratios-healthcare-providers-should-track.html

 

https://archive.ahrq.gov/data/safetynet/needleman.htm

 

Prompt: Create a journal assignment in which you:

●  Provide a concise description of the purpose of financial measurement in healthcare.

  • ●  List the major financial measures which are monitored by financial managers in the healthcare industry and, for each measure, provide one or twoexamples of decisions that might be informed by that measure.
  • ●  Based on your research, identify the one or two measures that are the most important for the survival of a healthcare organization, and why.RubricGuidelines for Submission: Your paper must be submitted as a Microsoft Word document with double spacing, 12-point Times New Roman font, one-inch margins, and at least two sources cited in APA format.
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