healthcare finance has attracted the attention of some of the newer employees in your
organization. Wanting to become managers someday, they have asked you to share some of what
you know in the online journal that serves as the company’s knowledge-sharing portal. Create a
journal entry in which you respond to these specific topics from your colleagues: – Describe the 5
ways in which financial statements, financial calculations, and working capital are used in the
organizational budget process – Identijy the main objective of managing cash flows – Explain why
financial leaders are concerned about having cash on hand – Identify the three factors that set the
healthcare industry apart from most other industries with regard to accounts receivable – Explain
the ways in which trends within Medicare, Medicaid. and third-party payers afiect working capital
and the cost elements associated with the revenue cycle