Every healthcare organization has a portfolio of financial risks and resources which its leaders seek to deploy in a manner that balances the pursuit of growth against a set of guardrails that ensure financial health. Sustainable growth requires the prudent allocation of key financial resources, such as cash, credit, leverage, and invested assets. This process represents Treasury work and is the cornerstone of the organization’s ability to assume appropriate risk in the pursuit of growth. Done well, Treasury can provide significant value to the overall organization.

In this article, Eric Jordahl and David Ratliff describe the core Treasury functions in healthcare organizations and discuss the need to tightly integrate Strategic, Financial, and Treasury Planning.