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Synopsis - Project Cash Flow Management Strategies in CEDARS Jebel Manipalassignment@Gmail.com

Synopsis - Project Cash Flow Management Strategies in CEDARS Jebel Manipalassignment@Gmail.com

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Project Synopsis Title of the Project: Cash Flow Management strategies in CEDARS Jebel Ali International Hospital Introduction: CEDARS - Jebel Ali International Hospital Established in the year 1999, the Cedars ~ Jebel Ali International Hospital began its journey as a full fledged 24 hrs Medical Centre under the Name of Jebel Ali Medical Centre – the Only One in the Entire Jebel Ali Area, catering to the needs of the Free Zone Companies, the Ports, the Beach Hotels an
manipalassignment@gmail.com
Project Synopsis Title of the Project: Cash Flow Management strategies in CEDARS Jebel Ali International Hospital Introduction: CEDARS - Jebel Ali International Hospital Established in the year 1999, the Cedars ~ Jebel Ali International Hospital began its journey as a full fledged 24 hrs Medical Centre under the Name of Jebel Ali Medical Centre – the Only One in the Entire Jebel Ali Area, catering to the needs of the Free Zone Companies, the Ports, the Beach Hotels an

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Published by: manipalassignment on Nov 13, 2010
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manipalassignment@gmail.com
 
Project SynopsisTitle of the Project:Cash Flow Management strategies in CEDARS Jebel Ali International HospitalIntroduction:
CEDARS - Jebel Ali International Hospital Established in the year 1999, the Cedars ~ Jebel AliInternational Hospital began its journey as a full fledged 24 hrs Medical Centre under the Nameof Jebel Ali Medical Centre – the Only One in the Entire Jebel Ali Area, catering to the needs of the Free Zone Companies, the Ports, the Beach Hotels and a smattering of residential units etc.
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What started as a primarily Industrial Clinic with a small team of 3 doctors grew into a busyOutpatients Clinic including a Family Clinic with a team of over 25 doctors in various specialties.Understanding the grave need of the hour, the Jebel Ali International Hospital has been upgradedas a Full Fledged Hospital in Aug 2004 and has started off with 16 beds including an ICU andone major and a minor Operation Theatre.With Specialties ranging from Occupational Health, Laparoscopic Surgery to Cardiology, JAIHaims to be the Complete Community Hospital for the new Dubai and is geared to grow into aUniversity Hospital in the near Future.Cashflow management is the process of monitoring, reviewing and regulating a company’s cashflows. Cash flow is to a business what oxygen is to human beings. Cash flow management helps a business survive and prosper and is the main indicator of a company’s financial health. Cash flowmanagement helps to strengthen a business through the timely estimation of overall cash inflowsand outflows. Cash flow management also helps avoid cash shortages.Cash inflows are realized through the sale of goods and services to customers. Cash outflows take place through operating expenses, the purchase of fixed assets, loan repayments, dividend payment and taxes. By managing cash inflows and outflows, it is possible to maintain a specificamount of cash at all times.How Does Cashflow Management Work?Cashflow management is based on the estimation of inflows and outflows. It is a technique tohasten cash returns and delay payments. For a business, cash flow management includes thefollowing steps:# Making financial projections: Cash forecasts include estimating expenses and revenues. These projections help in anticipating when a business would need cash and when it will have surplusreserves. Typically annual cash forecast is made.

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