Your assignment for this unit is to write an essay analyzing short-term debt financing options for a healthcare facility. The first part of this assignment is to come up with a facility that you wish to analyze. You may create your own facility name, background, and information, or you can base the facility on a healthcare organization with which you are familiar. Be sure to include a name for your facility, whether it is fictitious or real. Give a brief description of your facility, including information about its history, its current financial situation, and whether it is for-profit or nonprofit.
Once you have chosen a facility and provided the background information, it is time to discuss the short-term debt financing options for your facility. Include the following components in your essay:
Compare and contrast three different external short-term debt-financing options that are available for your facility.
Suppose that your facility is projected to face a cash shortage later this year. Which of the options you listed would be the best option to cover this shortage at your facility? Why?
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