1. When evaluating the financial performance of a healthcare organization, which ratio is commonly used to assess profitability? A. Current ratio B. Debt-to-equity ratio C. Operating margin D. Accounts receivable turnover Answer: C. Operating margin Rationale: The operating margin is a key indicator of profitability, showing the percentage of revenue that remains after covering operating expenses. 2. Which financial tool helps healthcare organizations assess the effectiveness of their revenue cycle management? A. Break-even analysis B. Cost-volume-profit analysis C. Accounts receivable aging report D. Cash flow statement

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jordancarter 6 months ago

This study guide is clear, well-organized, and covers all the essential topics. The explanations are concise, making complex concepts easier to understand. It could benefit from more practice questions, but overall, it's a great resource for efficient studying. Highly recommend!

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