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Understanding the Impact: Operations, Budgeting, and Your Bottom Line
This session will focus on an overview of the budgeting process including types of budgets, different approaches to budgeting and the role of the service line, department leads and other operational managers in the development of budgets. Also, this session will discuss the impact of daily operations on the profitability and cash flow of a health center and budgeting process and the impact of daily operations on profitability and cash flow. The session will discuss the importance of accountability and staff awareness of their role in fiscal sustainability.