Assume management has asked you to recommend a financial management system that will support the needs and requirements of your healthcare organization. Conduct research on financial management systems and write a paper with your recommendation. In your recommendation, address the following:
What type of financial management system would best suit the needs of the organization? Why? How did you review, assess, and select this system?
How will implementation of the system impact healthcare costs and quality, as well as access to healthcare services? How will this affect the organization as a whole?
Will the system cause healthcare to improve or decline? Why?
Do you think the benefits of the system will outweigh the costs? Why?
Answer: . An effective working financial management system may improve the performance of an organization by streamlining collection of bills, elimination of accounting errors……