I need help with a Health & Medical question. All explanations and answers will be used to help me learn.
these are 2 separate questions
1.Health care organization often need capital in order to grow and remain sustainable. Explain the two types of financing that can be used and how it may differ for non-profit and for profit organizations.
2. Cash is just one asset among many that would be on a financial balance sheet and proper cash management is arguably more important in the health care industry than in many other industries. Explain what cash management is and its relationship to the cash conversion cycle and why cash management is so important in the health care industry.