Which of the following statements about the role of finance in healthcare organizations is incorrect?

a. Over time, the finance function has become increasingly focused on strategic issues, such as joint venture decisions.

b. Today, the most critical finance function is cost identification.

c. The finance function often supports cost containment efforts and third-party payer contract negotiations.

d. The primary activities of the finance function can be summarized by the four Cs: costs, cash, capital, and control.

e. In times of high profitability and abundant financial resources, the finance function tends to decline in importance.