Explain the methodologies and processes used in preparing budgets for health care organizations.

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Explain the methodologies and processes used in preparing budgets for health care organizations.You are considering the purchase of a new MRI machine for Bayside Memorial hospital. Think about what types of patients you will be seeing, what types of care you will provide, and the members of the team that you have assembled. Using the chart of cash revenues and costs read and explain the results of the cash flow analysis. Describe incremental cash flow. Explain sunk costs, opportunity costs, strategic value and inflation effects.






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