Describe the six major objectives of healthcare financial management. Is one of the six objectives more important than the others? Why or why not? Provide the mathematical accounting equation used to calculate total assets, liabilities, and net assets and describe what each element in the equation represents.

500 words

 

Write an essy on healthcare financial management. 

  • Describe the six major objectives of healthcare financial management.
  • Is one of the six objectives more important than the others? Why or why not?
  • Provide the mathematical accounting equation used to calculate total assets, liabilities, and net assets and describe what each element in the equation represents.
  • Who in the healthcare organization would use this calculation?
  • Why is this calculation important in healthcare financial management?