Finance Department
You would think that collecting payments and paying bills is all that a finance department does, but in reality, the responsibilities of this department are no cup of tea. Our finance departments continue to fulfill general bookkeeping duties, such as fulfilling purchase orders for equipment or supplies, finalizing sales of merchandise and services, maintaining receipts from purchases for the business, and managing payments made by or to the healthcare organization. The finance department is also responsible for negotiating contracts with service providers and contractors, running payroll, and maintaining cash reserves for unexpected or planned expenses. We maintain these records electronically with databases or specialized accounting software.