What are some non-monetary statistics—besides labor hours and patient volume—that have a direct effect on the financial management of a health care organization?

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Write a 175- to 265-word response in APA format to the following questions:

  • What are some non-monetary statistics—besides labor hours and patient volume—that have a direct effect on the financial management of a health care organization?
  • Are there statistics that do not translate into a monetary effect?

Please use sources listed below:

Gapenski, L. (2015). Healthcare finance: An introduction to accounting & financial management (sixth edition).  Health Administration Press.   ** Chapters 6 and 16 **

 

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