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• Describe the requirements of forecast demand and capacity requirements for financial planning, leading to proper business valuation.
• Explain the financial risks to a healthcare organization that could result from a failure to plan for the healthcare legal and regulatory environment.
• Describe the relationship between financial forecasting for financial planning and for strategic planning, with a focus on describing the key requirements for effective financial planning and policy making.
• Discuss and explain the various categories of costs needed in forecasting expenses to achieve a desired financial planning for effective decision making.
• Explain possible reasons why consolidations, mergers, and acquisitions occur for hospital and other healthcare organizations and the capital challenge for such ventures.
Do you think it is better to concentrate on one source of competitive advantage (cost versus differentiation versus speed) or to nurture all three in a firm's operation?
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