Fiscal Management

Please answer the following questions

  1. Define financial management within healthcare (3-4 sentences)
  2. Discuss mechanisms to create decision-making strategies as applied to financial management (1 paragraph)
  3. Discuss the strategic role of the Finance Department function and activities (1 paragraph)
  4. Discuss accounting concepts, capital, and cash management. (1.5 paragraphs)
  5. Discuss strategic financial planning (1 paragraph)
  6. Define financial quality assurance within the health care setting (3-4 sentences)
    Please use “Cleverley, W. O., & Cleverley, J. O. (2018). Essentials of health care finance (8th Ed.). Jones &
    Bartlett Learning.” as the source to answer questions

Sample Solution