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NACHC TA Department
Module 3: What can a board do to insure financial health?
Module 3
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Synopsis
Money is obviously an important topic for health center boards. Each month board members receive a financial report from the Board’s Finance Committee. Because it can be difficult to relate the numbers in the report to the center’s financial condition, board members may rely on the Finance Committee to let them know if there are any problems. Remember, though, the entire board, not just the Finance Committee, is ultimately responsible for the center’s financial stability, which includes having enough money to pay the bills. Two financial reports that all board members ought to review are the balance statement and the cash flow report.

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Copyright © 2011 National Association of Community Health Centers. All rights reserved.
This publication was supported by Grant/Cooperative Agreement No. U30CS16089 from the Health Resources and Services Administration, Bureau of Primary Health Care (HRSA/BPHC). Its contents are solely the responsibility of the authors and do not necessarily represent the of­ficial views of HRSA/BPHC.