How a capital acquisition will affect the financial health of an organization

According to Alleyne (2918), the quality of finance and capital matters significantly because the organization needs to enhance the governance and the delivery of healthcare services to align them better with the mission of their organization. Instead of having a wasteful fragmentation, there is a need for creating more healthy partnerships to harness the power of monetary policy. This will ensure that the organization will have better chances of improving its bank ratings… Since after the COVID-19, the particular era represents that enough money is not going to be enough and the cost of inaction or not strategizing is more than taking a solid action towards improving the financial health of the organization. The hospital found a wakeup call after the COVID-19 pandemic to change and improve its current financial strategies. The cumulative financial costs of the pandemic have impacted the firm negatively because it has lost outputs and also lost valuable employees’ lives. Therefore, without a radical redirection, achieving the goal of financial stability and investment cannot create a fiscal space for the hospital.

References

Alleyne, P., Armstrong, S., & Chandler, M. (2018). A survey of capital budgeting practices used by firms in Barbados. Journal of Financial Reporting and Accounting.