Analyzing financial statements helps healthcare leaders determine the opportunities and problems the organization faces financially....
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Accounting
Analyzing financial statements helps healthcare leaders determine the opportunities and problems the organization faces financially. At its core, the financial statement is a pulse of the organization's financial health, defining whether it can pay expenditures, be overburdened with debt, or be flush with capital to expand. There are two primary methods of financial statement analysis: horizontal and vertical. Other methods are extensions of these.
References
Finkler, S. A., Calabrese, T. D., & Ward, D. M. (2019). Accounting Fundamentals for Health Care Management (Third ed.). Jones & Bartlett Learning.
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