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Effects of Financial Management

Health care managers are charged with providing quality health care services to the community in efficient and effective ways. Managers strive to deliver quality care through their planning, organizing, and controlling efforts. Please explain how you think financial management influences these efforts for a manager.

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Dear student,

Here is my response to the problem. I have included two references. I hope this contribution will help you to develop your own thoughts on the topic. I wish you all the best with your studies.

Kind regards,
Anita

Discussion Topic - Financial Management
Health care managers are charged with providing quality health care services to the community in efficient and effective ways. Managers strive to deliver quality care through their planning, organizing, and controlling efforts. Please explain how you think financial management influences these efforts for a manager.

There is no doubt that financial issues impact on operational as well as strategic decision making and therefore financial management also falls in the domain of the health care manager, even though this may not be his or her area of expertise. McLean (2003) argues that "every manager is a financial manager to the extent that he ...

Solution Summary

Effects of financial management are articulated briefly.

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