Title

Cash, Cash Conversion Cycle, Inventory and COVID-19

Document Type

Article

Publication Date

6-4-2020

Publication Title

Journal of Health Care Finance

Volume

46

Issue

4

First page number:

37

Last page number:

43

Abstract

In recent years, hospital cash balances and cash conversion has been largely stable in Washington State hospitals, with the only increase coming in terms of increasing inventory. At current levels, cash is in short supply at many hospitals. While increasing inventory would appear to be a good move in light of the COVID-19 pandemic, inventory is not a single generic item. Hospital inventory is comprised of literally thousands of supplies and medications, only a few of which are critical. Hospital financial viability could be threatened by insufficient liquidity.

Keywords

COVID-19; Liquidity; Cash; Inventory

Disciplines

Medicine and Health Sciences | Public Health

Language

English


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