HEALTH SERVICE FINANCIALS

Health Service Financials

Health Services Financials

Introduction

The Marysville General Hospital is very important for the society. It is located in a town which has a population of around 35,000 people. Members of the hospital board members are all community representatives; therefore, they care a lot about the hospital. Currently the hospital is facing a cash flow crisis. Initially the accounts receivable for the hospital was 55 days, but somehow it has reached 100 days. The board members are worried and are in dire need of a process improvement plan which will help them reduce their number of days in accounts receivable ...