Eco3 Assignment Example | Topics and Well Written Essays - 250 words

Eco3 - Assignment ExampleThisresultstohigherflowing hard currencytocaterfor theexpenses tipto abetterservicedelivery. Theriskofwritingoff debts inplanA is signallyhighwhich may hold uptolosses. It isalsoclearthat in,planB there is a quickcollectionofAveragedailypatientrevenues.Thisleadsto theoptimummaximizationofbillspaidin by thecustomers. InplanB,thereis ahigherlevelofstrictnessoncreditpolicies. This mayleadtolowersalesrevenuein thecompanyascomparedtoplanA. InplanB, the senescentscheduleshowsthatpaymentsaremadeontimemakingithelpfulindeterminingthecashflowin thehospital. This is anadvantagebecause themanagementmakesadecisiononcashavailablefor theirplansand budgets. In bothplansA andplanB, at theendof thefirstquarter, theaccountsreceivableare thesame, but thepaymentsduring themonths divergesignificantly.Zelman, W. N., McCue, M. J., & Glick, N. D. (2009).Financial management of health care organizations an introduction to fundamental tools, concepts, and applications(3rd ed.). San Fra ncisco