Identify one example of an event that has changed the operations of your organization (Pharmaceutical Company) or an organization with which you are familiar. If you are not currently working in a healthcare organization (HCO), you may choose a case study from a reliable source from which to work (eg. Pharmaceutical Company).
Post a cohesive response to the following:
Why “Financial Management” is considered one of the key core competencies for healthcare executives to have? Assess how financial management can help healthcare leaders and their organizations become more competitive and viable eventually?
Discussion must require a minimum of four (4) current quality references, two (2) of them from peer-reviewed articles
Discussion must be 500-600 words, not counting the list of references.
Discussion must Focus on critical thinking ideas and synthesis and less on stating and describing.
Refer the attached Book- Chapter 1. The Environment of Healthcare Finance.
Book Name for your reference: Harrison, C., & Harrison, W. P. (2013). Introduction to Health Care Finance and Accounting. Cengage Learning.