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A hospital system continues to grow rapidly by acquiring new service lines. Each new acquisition brings challenges. One area of concern is the differences in
A hospital system continues to grow rapidly by acquiring new service lines. Each new acquisition brings challenges. One area of concern is the differences in accounting processes. The CEO of the organization has asked the CFO to run a report on the pricing, reimbursements, and accounts receivables. The result of the investigation shows multiple methods of accounting and results that vary widely. He asks the CFO to standardize the process. What method of planning is this considered?
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