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Is Healthcare an Asset or a Liability? Please respond to the following: Each year the United States spends 18% of their Gross Domestic Product (GDP)
"Is Healthcare an Asset or a Liability?"Please respond to the following:
- Each year the United States spends 18% of their Gross Domestic Product (GDP) budget on health care. Due to high insurance premiums, a multi-payer reimbursement system, increased patient quality of care issues and medical technology advancements, these cost continue to have an affect on the fiscal health of an organization. Do you think health care is a financial asset or a liability? Explain your rationale to support your position. In addition, provide two (2) factors that can potentially change an asset to a financial liability or vice versa.
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