Financial Statements Affecting Organization Stability
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How can a thorough analysis of an organizations financial statements benefit the stability of a healthcare organization?
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A thorough analysis can benefit ANY organization, not just healthcare ones. How does the analysis help? First, it reduces surprises. A good analysis will review the short-term and long-term ability to repay debts and sound an alarm early enough to solve the issue (or at least come up with viable options prior to crisis stage). A good analysis will highlight the unprofitable areas that may ...
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