One important financial indicator for healthcare organizations is the payer mix or the percent of services. The payer mix is provided to patients with each type of healthcare insurance because of the mixed basket of rates of pay that differs for each service. Keeping in mind what you have learned from Week 4s resources, answer the following questions in this weeks discussion forum:
Why is it essential to monitor the payer mix?
What are the risks when healthcare organizations have an imbalance of services (predominated by a particular service)
How does this affect the financial viability of a particular healthcare organization?
In 150 words that include at least one APA citation and the associated reference answer the question.