Elements of financial management

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  1. Discuss how the elements of financial management relate to the function of the health care manager.
  2. Examine why it is important for health care managers to understand financial principles.
  3. What information do income, liabilities, assets, profits tell the health care manager?
  4. How does the function of a health care financial manager or chief financial officer (CFO) relate to the understanding of these concepts?
  5. What are the current challenges affecting health care financing at Memorial Hermann?
  6. How should these challenges be mitigated?