DecisionHealth, DecisionHealth - 2013 Issue 9 (September)

Cash-saving budgeting strategies go unused, survey shows

A recent Part B News survey shows many practices skip basic budget functions that, if they were followed, would save practices money. Respondents were good about reviewing their basic finances, but they were less conscientious about using other budget tools; about half said they didn’t use financial dashboards, and only 35% said they did regular audits designed to track spending or collection patterns.

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