Tag: Cash Flow

Dealing with Payment Uncertainty in Rural Hospitals: Strategies for Financial Stability

Written on February 26, 2024.

In the financial landscape of rural hospitals, one of the biggest challenges is the uncertainty of when payments will be received. Patients may not pay their bills on time, insurance companies may...

Essential Cash Flow Metrics for Rural Hospitals: Calculation and Importance

Written on February 19, 2024.

Effective cash flow management is crucial for the financial health of rural hospitals. Monitoring key cash flow metrics helps ensure that hospitals can meet their financial obligations, plan for...

The Impact of Improving Accounts Receivable Collections on Cash Forecasts

Written on February 12, 2024.

Enhancing accounts receivable (AR) collections can significantly transform the financial health of rural hospitals. Accurate and efficient AR collections ensure a steady cash flow, which is vital...

Beyond Patient Collections: Other Cash Inflows for Rural Hospitals

Written on February 5, 2024.

For rural hospitals, patient account collections are a critical source of revenue, but they are not the only source. Diversifying cash inflows is essential for financial stability and effective...

When to Do Your Cash Forecast: Timing Strategies for Rural Hospitals

Written on January 15, 2024.

Timing is everything when it comes to cash flow forecasting in rural hospitals. Deciding when to prepare your forecast can significantly impact its accuracy and usefulness. Some hospitals wait until...

The Myth of Forecast Accuracy: Building Realistic Cash Flow Projections for Rural Hospitals

Written on January 8, 2024.

Forecasting is a critical tool for rural hospitals aiming to navigate their financial futures. However, the concept of forecast accuracy often sets unrealistic expectations. At Newbrier, we believe...

7 Reasons Why a Rural Hospital CEO Needs a Financial Analyst

Written on May 29, 2023.

Rural hospitals serve as lifelines, providing critical healthcare to remote and underserved communities. The roles of CEOs in these critical institutions are fraught with unique and complex challenges...

How Cash Flow Forecasting Can Help Rural Hospitals Weather Economic Uncertainty

Written on March 6, 2023.

Cash flow forecasting is a method of budgeting that allows you to plan and predict future cash flows based on historical data. It’s an essential tool for any business, especially for rural...

Mastering Rural Hospital Cash Flow Analysis: A Comprehensive Guide to Decoding Financial Statements

Written on February 27, 2023.

Are you looking to dive deep into a hospital’s financial health, but feel overwhelmed by the complexity of financial statements? Fear not! In today’s blog post, we will demystify one...

How to Interpret and Use Your Cash Flow Forecasting Reports

Written on February 20, 2023.

Cash flow forecasting is an essential part of running a hospital, but it’s not always easy to understand. The numbers on your cash flow report can seem like gibberish to you if you don’t know what...

The Top Cash Flow Forecasting Tools for Rural Hospitals

Written on January 23, 2023.

Cash flow forecasting is a critical tool for rural hospitals, as they face unique challenges when it comes to managing their finances. Cash flow forecasting is an essential part of any business’s...

The Importance of Monthly Cash Flow Forecasting for Rural Hospitals

Written on January 9, 2023.

Rural hospitals play a crucial role in providing healthcare services to communities nationwide. However, many of these hospitals face significant financial challenges, including limited financial...