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katovenus [111]
3 years ago
6

The role of finance in healthcare has increased in importance over time because the finance function must support a multitude of

activities, such as cost containment, payer negotiations, and joint venture activities.
Business
1 answer:
kumpel [21]3 years ago
3 0

Answer:

True

Explanation:

The finance function is a shared function, it supports almost all the sections in a business enterprise. the role of finance in health cuts across all departments.

In the area of cost containment, the finance unit is the cost leader, it is the unit that lead and drive any cost control measure in an organization and healthcare sector is an exception.

The finance section participates directly and also provides the financial data that helps in negotiating with suppliers and demanding for various kinds of discounts and rebates.

The finance role in Joint venture activities cannot be over emphasized, it is the unit that keeps record of transactions and measure the profit or loss from the venture and advise management on the appropriate course of action.

The budget and budgetary control that drives operation of the heath sector is handled by the finance unit.

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Answer:

Harry loves both hot dogs and hamburgers. He receives about the same satisfaction from eating one hamburger as he does from eating one hot dog, and the two goods fill the same need in Harry's life. The price of hot dogs has been extremely volatile for the past several years, and this year is no exception Hot dog prices decreased tremendously this month Assuming hot dogs and hamburgers are substitutes for Harry, what is the effect on Harry's demand for hamburgers due to the decrease in the price of hot dogs?

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Explanation:

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Explanation:

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3 years ago
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