Reference no: EM133334574
Questions
1. A description of the hospital's financial challenges amid the COVID-19 (or similar) crisis.
2. An explanation of financial statement analysis, financial reporting requirements, and use of financial information so the team understands where the financial crisis will impact the business's bottom line.
3. An explanation of measures such as managing cash tightly and drawing on all sources, including taking on additional debt, delaying payables, and discussing early payments with payers and governments.
4. Identify immediate operational actions to reduce costs, rent, utilities, insurance, legal fees, and specific salaries to reduce operating expenses.
5. With references, describes the financial challenges face hospital faces mid the COVID-19 (or similar) crisis.
6. Explains financial statement analysis, financial reporting requirements, and use of financial information, so the team understands where the financial crisis will impact the business's bottom line.
7. Explains measures such as managing cash tightly and drawing on all sources, including taking on additional debt, delaying payables, and discussing early payments with payers and governments.
8. Identifies immediate operational actions to reduce costs, rent, utilities, insurance, legal fees, and specific salaries to reduce operating expenses.