Healthcare Business Management Association - HBMA
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If You Can Measure It, You Can Manage It
By Michael K. Farmer, CPA, CHBC

Most of the clients who I work with use an electronic bookkeeping system, such as QuickBooks, to keep track of their finances. The majority of those do not do much beyond entering the deposits and checks in the checkbook, while others reconcile the balance. They have created a very powerful database and choose to ignore it when making financial decisions.

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