What challenges would a for-profit facility that has a constant stream of revenue face in managing its capital? How would these challenges differ from a military hospital that is given its funding at the beginning of the year?

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Title: Healthcare Finance

Edition: 6th (2016)

Author: Gapenski

Publisher: Health Administration Press

Book ISBN: 978-1567937411

 

Working Capital Challenges

Healthcare organizations strive to manage working capital in such a way that they can reliably cover their short-term expenses while also getting the best possible benefits from their capital. In managing working capital, healthcare organizations face some common challenges, as well as other challenges that are particular to the institution.

What challenges would a for-profit facility that has a constant stream of revenue face in managing its capital? How would these challenges differ from a military hospital that is given its funding at the beginning of the year?

 

In two separate paragraph give your personal opinion to Michele Mcgrory an