Imagine you are the CFO of a hospital. You have been asked by the board of di

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Imagine you are the CFO of a hospital. You have been asked by the board of directors to present at the next board meeting the alignment of the financial plan to the strategic plan of the hospital. Respond to these questions as you prepare for your presentation.
What is the role of financial planning in the overall organizational strategic plan?
How do financial planning and strategic planning influence health care organizations? Provide an example.

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