Assume that you are the Vice President of Finance for a large multi-hospital healthcare system that employs approximately 1,000 physicians, as well as physician-residents and other allied health personnel. You have been asked to conduct a high-level presentation for senior executives on the current financial status of the organization.

Which basic financial management principles you believe the senior executives should be briefed on. You might wish to begin with a brief history of the financial position of the organization's last fiscal year, this fiscal year, and next fiscal year. As part of the briefing, focus your audience's attention on areas of the organization that are in good shape financially vs. areas that need attention, and everything in between.