Finance 468 | Business & Finance homework help
The purpose of this report was to discuss the key factors that will drive the financial planning process for most organizations in the post-merger phase, and examine the related impact on the organization process. This report explored how strategic planning establishes goals and objectives, cost reduction analysis helps to identify areas where money can be saved or excess spending eliminated, capital budgeting decisions inform whether or not investments should proceed with a merger, and cash flow management enables companies to ensure liquidity is available when needed.
Additionally, it argued that financial planning activities are beneficial for health care organizations as they increase efficiency of operations, reduce costs and manage profitability more effectively against competitors’ benchmarks. Finally, predictions were made regarding the financial stability of the healthcare industry over the next five years due its strong political climate and numerous reform initiatives adopted recently.
In conclusion, understanding which driving forces influence financial planning processes within an organization after a merger is essential in order to effectively craft strategies for successful long-term growth. Given current trends seen already present; Healthcare Industry remains relatively safe bet near distant future too whenever Reforms take hold coupled addition new technologies being implemented vigorously thus providing optimism re: same & increased demand from paying customers continuing well into foreseeable future.