Winston Salem State University Finance for the Operations Manager Discussion

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Topic: Finance for the Operations Manager

Why should operations managers understand financial statements? What constrains a hospital’s revenue? What are the three key financial statements that business managers should be aware of, and how are they related? Finally, does the time value of money really affect the long-term financial outcomes for a hospital? Why?

600 words and demonstrate course-related knowledge, current APA format, must include biblical integration

Book: Langabeer, II, J. R. and Helton, J. (2016). Health care operations management (2nd ed.). Burlington, MA: Jones & Bartlett Learning. ISBN: 9781284050066.