The name of the selected organization and background information, such as its location, size, focus, services provided, demographics of patients served, for-profit or nonprofit status, et cetera.
Indicate whether the organization has a separate finance or business department and, if so, who is responsible for the department.
Any other information that may help explain the chosen organization. For example, is it unique in how its finances are managed? If so, how?
Develop research-based answers to the five previously created questions.
A response to each of the five questions you created in Week 2. This should include specific information pertaining to the chosen healthcare organization’s budget preparation process, fiscal planning strategies, and how the financial condition of the organization is routinely monitored and corrective actions are taken when necessary.
Sample Solution