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How effective are current organizational financial models within the health care industry?

How effective are current organizational financial models within the health care industry?

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Answer #1

1. Financial model help the hospital and health care industry to provide accountable health care.

2. Good financial model is comprehensive helps to manage hospital data and information.

3. It helps in financial planning with equipment and other health care delivery activities.  

4. Its important in capital budgeting.

So financial model is important in health care.

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