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Corporate finance principles play an important role in most management decisions from everyday choices to strategic determinations. Minor decisions do not exist in the financial arena. All decisions have major implications for an organization's success. Gain the working knowledge you need to make financially sound decisions. In straightforward terms, this book explains the six key principles critical to the effective financial management of healthcare organizations: Managing the capital cycle Creditworthiness
Integrated strategic and financial planning
Capital allocation
Strategic budgeting
Capital structure management
New in this edition The third edition includes new information about the factors that will influence credit ratings, as well as new approaches to determining your organization's debt capacity. It also discusses how to link financial planning with organizational strategy. A new chapter provides guidance on achieving the right capital struct