Healthcare facilities, like other businesses, use budgets as an important part of managing financial and business operations. Identify the different types of budgets used within a healthcare facility, and explain how a healthcare facility uses them to manage its business. Also, in your own words, explain the importance of accurately operating, maintaining, and balancing a budget.
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Please include at least one source from this weeks reading: Harrison, C., & Harrison, W. P. (2012). Introduction to Health Care Finance and Accounting. Cengage Learning. Chapter 8
