Eco3 Assignment Example | Topics and Well Written Essays - 250 words

Eco3 - Assignment ExampleThisresultsto highflowingcashtocaterfor theexpensesleadingto abetterservicedelivery. The jeopardizeofwritingoff debts in figureA isunusuallyhighwhich mayleadtolosses. It isalsoclearthat in,planB there is aquickercollectionofAveragedailypatientrevenues.Thisleadsto theoptimummaximizationofbillspaidin by thecustomers. InplanB,thereis ahigherlevelofstrictnessoncreditpolicies. This mayleadtolowersalesrevenuein thecompanyascomparedtoplanA. InplanB, theagingscheduleshowsthatpaymentsaremadeontimemakingithelpfulindeterminingthecashflowin thehospital. This is anadvantagebecause the circumspectionmakesadecisiononcashavailablefor theirplansand budgets. In bothplansA andplanB, at theendof thefirstquarter, theaccountsreceivableare thesame, notwithstanding thepaymentsduring themonthsvarysignificantly.Zelman, W. N., McCue, M. J., & Glick, N. D. (2009).Financial management of health care organizations an introduction to fundamental tools, concepts, and applications(3rd ed.). San Francisco