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    Financial Information in the Healthcare Managerial Role

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    What type of financial information and financial skills are of benefit to you in a healthcare managerial role? Why? What do you do or could you do to obtain this information? How do you acquire or expand these skills?

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    One type of financial information that is of use to you in a healthcare managerial role is the financial information about the current prices of medication and other supplies that are utilized within a healthcare organization. This is very important due to the fact that knowledge of the various prices of the supplies is crucial to a manager, in order for that individual to be able to effectively develop an efficient budget. Another important piece of financial information that will benefit an ...

    Solution Summary

    This solution discusses financial information in the healthcare managerial role.