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Sunday, 7 April 2013

Health Care Financial Management A critique of Approach to Improving Financial Performance

Public expenditure has greatly increased due to over reliance on credit in the past few decades. This trend has also greatly been seen in Healthcare facilities. Over the years, they have attracted funding without interest since they are largely seen as no-profit organizations. Such organizations exist only for the benefit of the entire public.  This has led the healthcare organizations to have very big credit holes and overly made most of them have poor balance sheets. Bryoles et al (2009), make some interesting directions of going around this problem to get to the point of profitability for such health care providers.
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