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outline this paragraph Healthcare financing is the management of funds for the acquisition of medical resources. The management of finances has the primary role of
outline this paragraph Healthcare financing is the management of funds for the acquisition of medical resources. The management of finances has the primary role of managing money and risks in a way that helps the healthcare facility to achieve its financial goals. There are economic difficulties that are causing healthcare finance to be difficult. One of the difficulties is the growing healthcare spending, which has grown 1.2 percentage faster than the overall economy of the state since 2014. There are also market mergers that are being experienced and that are changing the landscape of healthcare (Agran, 2013). Hospitals are consolidating into larger companies that are making the financing to be challenging. The current regulations and compliance requirements are also becoming challenging for healthcare facilities to adopt and to become compliant. Healthcare facilities need to adapt to the current market forces to ensure that they do not affect their performance
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