Question

is the first and fore most finances functions​

Answer 1

Answer:

The study of healthcare financial management is fascinating and rewarding. It

is fascinating because so many of the concepts involved have implications for

both professional and personal behavior. It is rewarding because the healthcare environment today, and in the foreseeable future, is forcing managers to

place increasing emphasis on financial implications when making operating

decisions.

First and foremost, financial management is a decision science. Whereas

accounting provides decision-makers with a rational means by which to budget for and measure a business’s financial performance, financial management

provides the theory, concepts, and tools necessary to make better decisions.

Thus, the primary purpose of this textbook is to help healthcare managers

and students become better decision-makers. The text is designed primarily

for nonfinancial managers, although financial specialists—especially those