Tag: Strategy
Why Month-End Is Too Late for Rural Healthcare Finance
Those improvements matter, especially for rural and community hospitals where every dollar carries weight. According to KFF, 44% of rural hospitals reported negative operating margins in 2023, compared to 35% of urban hospitals. When margins are that tight, any decision with a financial impact becomes much more important. But even when parts of the process get faster, many organizations are still waiting until the end…
Understanding Financial Risk Management: Strategies to Safeguard Your Business
Business owners have been bombarded with unprecedented risks over the past few years. COVID-19 wreaked havoc on many operations, and the resulting supply chain issues and staffing shortages caused some businesses to close up shop.