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Introduction

Being the CFO of Community Memorial Hospital, it is extremely important for me to make the best use of my organizational's financial resources. Recently, there have been improvements with regards to collection of accounts receivable, and the receivable days have dropped to a level of 67 days. However, one of the biggest employers of the community, the Commercial Intertech, is approaching a healthcare arrangement through Megaplan, a health insurance company famous for its stringent attitude towards its panel hospitals. Community Memorial hospital now faces a great financial management dilemma: it may opt to present its ...
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