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The Finance Department helps meet the Associations mission by providing
technical assistance, direct assistance to complete Medicare and Medicaid Cost
Reports and other direct assistance as requested by the Association's members.
The Finance Department has provided the Association's members a
Financial Risk Assessment Model (created by the Agency for Healthcare Research
and Quality) that is used to evaluate the member's financial operation. This
model is used from historical data to identify financial trends that can be used
to monitor financial risk areas.
The Finance Department has assisted Association members in
preparation of Financial Status Reports and Budgets and training Board members
in understanding Financial Reports.
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