Write 1 page with APA style on Module 1. Health Care Financial Environment Health Care Financial Environment Establishing the role of a chief financial officer (CFO) in termsof hierarchy of the health

Write 1 page with APA style on Module 1. Health Care Financial Environment Health Care Financial Environment Establishing the role of a chief financial officer (CFO) in termsof hierarchy of the health care organizational charts is important because it streamlines responsibilities. The responsibilities are vital in the control of organizations cash flow and overseeing of financial planning (Burtrie et al., 2013). As the essay will explain, CFOs mentioned a lot of financial management activities that include long-term investment decisions, contract management and evaluation and planning, but the latter dominates the rest. Evaluation and planning is a part of financial management activities that preoccupies the role and responsibilities of CFOs during the roundtable talks. Therefore, evaluation means conducting of assessment of perceived outcomes that are often measurable through standardized performances and regulations. It means an evaluation plan helps in achieving goals and objectives that are critical in enforcing the mission statements of a particular hospital environment (Speizman, 2009). Additionally, improvement of efficiency and effectiveness becomes of part of evaluation when CFOs examine the long-term investment decisions important for strengthening contract management. Planning, on the other hand, implies that CFOs must identify a project plan that is both feasible and operational in different environments. Accordingly, planning helps in the deconstruction of perceptions to convert them into reality when evaluating goals that need immediate implementation (Tolbert et al., 2010). It means all investment decisions are strategic because they serve certain purposes approved by CFOs in their quest to streamline the overall management (Burtrie et al., 2013). In other words, planning is a part of partnership with other management processes such as evaluation to assist in controlling of organizations cash flows and other pressing needs. ReferencesBurtrie, A. M et al. (2013). ‘Laying the Groundwork for Value-Based Payment.’ Healthcare Financial Management, 67(2), 1-4.Speizman, R. A. (2009). ‘Tax-exempt status for hospitals: Where have we been and where are we going?’ Healthcare Financial Management, 63(2), 62-66.Tolbert, S. et al. (2010). ‘Not-for-profit organizations and for-profit businesses: Perceptions and reality.’ Journal of Business & Economics Research, 8(5), 141-153.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more