Short-Term Debt Financing
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:
1) Compare and contrast three different external short-term debt-financing options that are available for your facility.
2) 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?
Your essay must be at least two pages in length, double-spaced. You are required to use at least four peer-review scholar sources and one of which may be your textbook. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying APA citations.