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 in the long run?

To prepare for this Discussion:

Post by Day 4 a cohesive response to the question above.

Support your response by identifying and explaining key points and examples presented in the Learning Resources.

Read a selection of your colleagues’ postings. Consider how your colleagues’ postings relate to the information presented in the Learning Resources and to your own posting.

Respond by Day 5 to at least two of your colleagues’ postings and continue the Discussion through Day 7. Based on what you know, were the actions taken appropriate to the event? Provide a rationale for your assessment.

Requirement 1: Your initial answer post should be 300 (min) – 400 (max) words long.  The post should clearly demonstrate your understanding of specific learning concepts related to this assignment.

Requirement 2: You will also post a minimum 100-word response to another student’s post.

Requirement 3: Your initial answer post should include a minimum of four (4) current high-quality references and two (2) of them should be peer-reviewed articles.

Requirement 4: Discussion and participation post must be submitted during the current week and not before or after. There is no opportunity to submit this assignment after the due date.