Identify three critical factors that create major organizational budget revisions during the fiscal year of a health care organization.
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- Identify three critical factors that create major organizational budget revisions during the fiscal year of a health care organization
- State and budget cuts
For example, when state and local budget problems translate into major cutbacks to health care programs and services such as hospital emergency rooms and Medi-Cal. This necessitates budget revisions.
Similarly, when the government makes a budget revision and eliminates previous health are cuts, likewise the healthcare organization needs to revise their fiscal year budget as well. For example,
California’s Revised Budget …
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