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White Paper: Create Your Own Stimulus To Improve Cash Flow
Across the country, 70 percent of hospitals reported a decline in their financial health for the first quarter of 2009. In November of 2008, Moody's revised its outlook for the country's not-for-profit hospitals from stable to negative based on concerns of how a deep or retracted recession, slowing volumes and limited access to capital would affect them.
As a CFO, it is your responsibility to shore up your facility and ensure it survives this financial crisis. It may seem that every other industry is getting a bailout but you're on your own. What's a CFO to do?
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