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    Finance for non-finance managers (health-care)

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    Discussion question : Considering your leadership role and responsibility in developing financial acumen among non-financial managers within your organization(hospital or health sector), discuss what specific approach you've used or would use to promote improved understanding and accountability to improve financial performance.

    (just a paragraph with no more than half page)

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    https://brainmass.com/business/mergers-and-acquisitions/finance-non-finance-managers-health-care-620658

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    ***350+ words with 2 references. I hope this helps generate discussion on the topic.***

    It is important as managers in the health care industry to ensure that non-financial managers have a working knowledge of finance. There are some situations where this may not necessarily be necessary - for instance in the case of an elite surgeon; however generally most doctors understand the finance process, and many develop much better knowledge as they consider moving on to a private practice. Other managers, such as IT, facilities, and R&D within the healthcare environment also should have broader understanding of finance within the organization, and should at the very least, as ...

    Solution Summary

    Considering a leadership role and responsibility in developing financial acumen among non-financial managers within your organization(hospital or health sector), discuss what specific approach can be used or would use to promote improved understanding and accountability to improve financial performance.

    $2.19

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