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?
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 **