Healthcare Financial Management Essay

I’m working on a health & medical report and need an explanation and answer to help me learn.

Write an essay on healthcare financial management. 

  • Describe the six major objectives of healthcare financial management.
  • Is one of the six objectives more important than the others? Why or why not?
  • Provide the mathematical accounting equation used to calculate total assets, liabilities, and net assets and describe what each element in the equation represents.
  • Who in the healthcare organization would use this calculation?
  • Why is this calculation important in healthcare financial management?