Explain the need for and the process for flexible budgeting in healthcare organizations today.

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Explain how strategic plan criteria are utilized and weighted in the capital budgeting process, thereby facilitating capital decision making.

2. Explain the need for and the process for flexible budgeting in healthcare organizations today.

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3. Discuss the ways in which a physician office practice can optimize its financial condition and benefit its hospital partner.

4. Healthcare administrators need a solid understanding of physicians and their medical staff activities. Explain the typical categories of medical staff in a community hospital setting.

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