Free Form Friday: Financial terms tip sheet
Credentialing Resource Center Connection, April 30, 2009
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Got money on the brain? You’re not alone. From reading national news stories about the economy to balancing your department’s own budget, chances are you’re spending more time with your calculator than you did in ninth-grade algebra.
Although budgeting may not be the focus of your medical staff responsibilities, your department may be relying on you to help pinch pennies more than usual. This is probably especially true if you participate in a new technology assessment committee. The cost of high quality care may be priceless, but that new piece of surgical equipment your practitioners have their eyes on comes with a hefty price tag.
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