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Write a page or more concerning healthcare companies that face unique challenges with predicting financial needs. Should healthcare companies employ horizontal analysis, comparing financial data
Write a page or more concerning healthcare companies that face unique challenges with predicting financial needs. Should healthcare companies employ horizontal analysis, comparing financial data over time, or vertical analysis, assessing the proportions of line items within a single period? Discuss the advantages and limitations of each approach in the context of healthcare. Forecasting is a vital aspect of financial planning, especially for healthcare companies. Given the everevolving nature of healthcare, where do you think the trend is heading for forecasting methods in the industry, and how can healthcare executives make informed decisions based on these predictions?
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