Fiscal Management

PART 1 (FIRST 275 WORDS) Does adding debt increase or decrease the flexibility of a healthcare provider?
Why? What are the five characteristics of long-term debt financing?
Please use “Cleverley, W. O., & Cleverley, J. O. (2018). Essentials of health care finance (8th Ed.). Burlington,
MA: Jones & Bartlett Learning.” for reference
PART 2 (2ND PAGE) List some of the pros and cons of retiring debt early.

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