Posted: November 30th, 2022
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As healthcare leaders consider strategic planning, it is important that they have knowledge of the financial health of the organization. Healthcare executives normally use the balance sheet, income statement, and statement of cash flows as their three main documents for financial review. Each of these documents is different, but each one has its own business purpose and uses by the healthcare administrator. For this week’s discussion you are each going to create an initial discussion board prompt and reply to one another’s questions. Choose one from the following topics to create your discussion board prompt for this week, and consider how this topic ties into the internal environment of a healthcare organization.
Topic 1: Balance Sheet
Topic 2: Income Statement
Topic 3: Statement of Cash Flows
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