Current Asset Management and Financing

Jul 6th, 2015
Studypool Tutor
Academia Morales
Price: $20 USD

Tutor description

DQ#1: Current Asset Management and Financing" Please respond to the following: Analyze the revenue cycle and receivables management to determine the greatest financial challenge facing small clinics and individual health care providers , as well as what steps could be taken to address that challenge.Briefly describe a health care organization of your choice and the pros and cons of the alternatives available for short-term financing. Provide specific examples to support your rationale. APA two references; 200 words

Word Count: 388
Showing Page: 1/5
Current Asset Management and FinancingPresented By: _______________Class: _______________University: _______________Date: _______________Current Asset Management:Management of current assets for meeting operational requirements depends on the nature of the organization. It refers to assist the business functions at lowest possible cost without taking unnecessary risks. Consider Sun Coast Clinics, South Florida for this purpose, operating four ambulatory care clinics. The business is seasonal of which peak is from December to April. The current assets of Sun Coast and net current liabilities of December to April are considered. The current asset balance sheet shows increments in profitability. The balance sheet also represents an increase in equity side. Though, purchase volume and labor expenditures also increases. Accrual also increased. The variations occurred during this period are seasonal. Related variations in current assets and in financial needs is because of business cycle.Current Asset Financing: The concept of permanent and temporary assets is required for calculating the current assets financing strategies. Permanent assets are those assets that businesses hold even in worse times and current assets are used to meet the seasonal peaks. The method for financing in this regard is called current asset financing policy.Revenue Cycle:Revenue cycle is very important in case of healthcare finance as it becomes harder to maint

Review from student

Studypool Student
" Outstanding Job!!!! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1819 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors