Healthcare Financial Statement Analysis

332 Words2 Pages
Healthcare organizations consist of different complex functioning departments like patient care service, management, diagnostics, finance, human resource, risk management, and quality improvement. Among these departments, a well-functioning financial management division is crucial in maintaining the economic stability of the organization, as it supports to deliver cost-effective, high quality health care. Financial statement analysis could reveal the financial constancy of an organization. The purpose of this paper to discuss the importance of nurse practitioners in financial management of healthcare organizations, significance of financial terms- statement of financial position, operating statement, and statement of cash flow, financial

More about Healthcare Financial Statement Analysis