Financial Management (Healthcare)

A new management paradigm
Healthcare organizations in today’s turbulent financial environment must look to management models used in any industry in the free-market economy that survives and thrives. Managing through corporate finance requires the change necessary to sustain and grow. Senior executives must be accountable for successful financial performances. Leaders must not reward poor performance. Traditional hospital administration techniques will not adequately handle the harsh free-market economic conditions in today’s healthcare world. The managerial issues are straightforward.

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