Comparative Financial Summary

Comparative Summary of Financial Environments
Financial management is the mother wit of whatever organization. Not-for-profit, Investors- owned for-profit and governmental wellness sympathize with organizations are cladding significant challenges because of the shrinking operational budgets. Health care organizations moldiness utilize the available resources to the fullest to remain viable in the health care industry. Nonprofit hospitals are facing stiff competitor from their neighboring hospitals and out patient health care centers. Because of yobbo competition, hospitals are investing heavily in new technologies to deplume new patients. Reduced Medicare reimbursements and expenditures on the new techmologies significantly continue hospitals bottom line. It is imperative to understand the pecuniary construction and financial management strategies to ensure fullest utilization of the available financial resources. two Investors-owned and not-for-profit hospitals put on several common elements of organisational anatomical structure, but metamorphose significantly on financial structures. Government health care organizations such as Centers for Disease Control and Prevention (CDC) have unique financial structure and financial management strategies to accord with the organizational objectives.



For this essay, comparative finacial environment summary of nonprofit hospital, Investorss owned hospital, and the CDC is being discussed.
Financial Structure
To be useful, the financial structure of any organization must reflect the nature, needs, and mission of the organization. Components of the financial structure therefore vary based on the nature of the organization. to begin with discussing the comparative summary of financial structures, it is imperative to understand the signalize components of financial structure common among the nonprofit, for-profit, and governmental organizations. Components of financial structure greatly depend on the organization structure, its values, and mission. Key components of organizational financial...If you want to get a full essay, order it on our website: Orderessay



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