All healthcare organizations need capital to acquire the facilities, equipment, and other assets needed to run the business. They can finance their ongoing activities and future operations in a variety of ways, including equity or debt financing, or even a combination of both. Each approach has merits and shortfalls. Address the following requirements:
- Detail some of the advantages and disadvantages of debt financing.
- Select a healthcare provider and explain how it uses debt to finances its operations whether you think this is the best approach given their circumstances.
Be sure to support your statements with logic and argument, citing all sources referenced. Post your initial response early and check back often to continue the discussion.