Briefly discuss the role of finance in the healthcare services industry. Has this role increased or decreased in importance in recent years? What is the impact of the Affordable Care Act (ACA) on the role of finance?

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Using as reference:

 

Finkler, S. A., & Ward, D. M. (2006). Accounting fundamentals for healthcare management (4th ed.). Sudbury, MA: Jones and Bartlett.

Chapter 1: “Introduction to Health Care Accounting and Financial Management”

  1. Briefly discuss the role of finance in the healthcare services industry. Has this role increased or decreased in importance in recent years? What is the impact of the Affordable Care Act (ACA) on the role of finance?