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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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This solution discusses financial information in the healthcare managerial role.

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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 ...

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  • Criminal Justice, Elizabeth City State University
  • Master of Public Administration, North Carolina Central University
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