5.) You are attending a meeting with the Board of Directors of The Miami Heart Group, P.A. The doctors are concerned about the large amount of cash that accumulates in the practice checkbook for long periods of time. Explain to them cash management and how you think they might approach putting this money to work earning interest.
6.) At the same Board of Directors meeting mentioned in Question 5, the doctors ask you to explain how capitation affects the breakeven point for the practice
5.Cash management is the process of collecting, managing and short-term investing cash.Cash management is a key component of ensuring a firm’s financial stability and solvency.Cash management…
