What is "cash flow" in a medical practice?

Question

Quizplus · Accepted Answer

Cash flow refers to the actual money available to a medical practice, including the money received from patients, insurance providers, and other sources, minus any expenses or debts owed by the practice. It is important for a medical practice to have a positive cash flow to ensure financial stability and the ability to cover expenses and invest in the growth and improvement of the practice. Choices B, C, and D are incorrect as they refer to specific time periods or amounts received or owed, rather than the overall concept of cash flow.

What Is "Cash Flow" in a Medical Practice