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Our study provided a potential coping strategy in facing this crisis for hospital administrators. As the foothold of hospital operation, the financial management with appropriately financial liquidity is particularly important, especially in the epidemic of COVID-19.
Management of financial liquidity in hospitals, aimed at maintaining financial liquidity at optimal level, should be the management’s priority action when managing the finances of a health care entity.
- Dominik Maślach, Justyna Markiewicz, Alina Warelis, Michalina Krzyżak
- 2019
Oct 20, 2023 · Tight liquidity. Reduced access to capital and liquidity are driven by multiple factors including labor expenses, interest rates, inflation and high cost of goods, and the evolving economy. Many hospitals are struggling with days of cash on hand, high operating and salary expenses as percentages of net revenue, and low margins on some service ...
Dec 1, 2023 · Business Solution Articles. Financial Management. Healthcare Financial Management: An Expert Guide. David Luther | Digital Content Strategist. November 30, 2023. Financial management is critical for the longevity of any business.
- David Luther
- Digital Content Strategist
INTRODUCTION: Financial liquidity management in hospitals is of great importance in ensuring access to medical care and continuity of health care service provision. It is one of the management’s biggest challenges, which the possibility to conduct health care activity depends on.
- Michalina Krzyżak
Oct 20, 2022 · As an important part of assessing the financial health of public hospitals, the capital liquidity can be used as the focus direction of the hospital managers. In this study, we determine the...
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Why is financial liquidity management important in hospitals?
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Oct 20, 2022 · As an important part of assessing the financial health of public hospitals, the capital liquidity can be used as the focus direction of the hospital managers. In this study, we determine the effects of COVID-19 on the finance of public hospitals.
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related to: How to manage financial liquidity in hospitals?See how you can efficiently manage equity and liquidity with Morgan Stanley at Work. Learn how you can maximize your company's liquidity with our solutions.
