Review Chapter 5 of Baker’s Health Care Finance: Basic Tools for Nonfinancial Managers, and respond to the following:
Discuss at least three sources of healthcare revenue.
Explain the pros and cons of using a “payment after service is delivered: payment system versus a “payment before service is delivered” payment system.
Discuss how accounts receivables affect working capital.
Readings
Read the following:
Ross, T. K. (2023). Baker’s health care finance: Basic tools for nonfinancial managers (6th ed.). Jones & Bartlett Learning.
Chapter 5, “Revenues.”
Two sources are required (the textbook chapter which is uploaded and an outside source). Remember to use citations and references as appropriate. Your post must follow APA style and formatting guidelines.
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