Marysville General Hospital is a community hospital in the Midwest who is facing Accounts Receivable Crisis. This paper will focus on plan to bring AR Days back in line.
Discussion
Cash has always been considered the king of everything. In order to reduce the collection period of account receivables, the hospital should keep track on their customers and their financial health which is very important. Hence, the following strategies are effective to ensure that accounts receivable turns into cash in a timely manner (http://www.agribusiness-mgmt.wsu.edu).
Accounts Receivable Management
Credit Conditions
Credit terms are helping the company to get more customers, ...