Investing: reducing risks to enhance returns.
The financial assets of a healthcare organization can present many opportunities for investment. In order to develop a profitable investment program that avoids risky speculation, however, healthcare financial managers must fully understand the nature and risks of their organizations' investments. They must define and monitor their investment objectives, limitations, levels of acceptable risk and policies and conditions through a statement of investment policy and comprehensive investment guidelines.
West
J
J
Seidner & Company, Pasadena, CA, USA.
Glickman
S
S
Seidner
A G
AG
D005375:Financial Audit; D005376:Financial Management / Q000379:methods*; D017408:Guidelines as Topic; D007449:Investments / Q000191:economics*; D016134:Organizational Policy; D012308:Risk Management / Q000379:methods*; D014481:United States