Financial Planning and Budgeting. 12 Section 3.6 Inventory and Supplies.................................... 13 Section 3.7 Marketing, Advertising and Public Relations............... 13 Section 3.8 Personnel................................................. 13 Section 3.9 Provider and Payor Relationships.......................... 14 Section 3.10 Quality Assurance......................................... 14 Section 3.11 Other Consulting and Advisory Services.................... 14 Section 3.12 Events Excusing Performance............................... 14
Financial Planning and Budgeting. (a) Subject to the terms contained herein, Administrator will make funds available for capital expenditures and improvements by Administrator on behalf of the Group Practice. Requests for expenditures and improvement projects shall be prepared by the Joint Planning Board in consultation with the Group Practice and Administrator. All requests for capital expenditures and improvements at the Group Practice in excess of $5,000 individually and $20,000 in the aggregate for any calendar year must be approved by the Board of Directors of Administrator.
Financial Planning and Budgeting. (a) Subject to the terms contained herein, Administrator will make funds available for capital expenditures and improvements by Administrator on behalf of the Clinic. Requests for expenditures and improvement projects shall be prepared by the Joint Planning Board in consultation with the Clinic and Administrator. All requests for capital expenditures and improvements at the Clinic in excess of $5,000 individually and $15,000 in the aggregate for any calendar year must be approved by the Board of Directors of PTI.
Financial Planning and Budgeting. 15 Section 3.6 Personnel . . . . . . . . . . . . . . . . . . . . . . 16 Section 3.7 Provider and Payor Relationships . . . . . . . . . . 16 Section 3.8 Inventory and Supplies . . . . . . . . . . . . . . . 17 Section 3.9 Advertising and Public Relations . . . . . . . . . . 17 Section 3.10 Quality Assurance . . . . . . . . . . . . . . . . . . 17 Section 3.11 Other Consulting and Advisory Services . . . . . . . 17 Section 3.12 Events Excusing Performance . . . . . . . . . . . . . 17
Financial Planning and Budgeting. MCP shall prepare -------------------------------- annual budgets reflecting the anticipated revenues and expenses, sources and uses of capital in the practice of each Physician Responsibility Center. Such budgets shall be presented to the Joint Policy Board at least thirty (30) days prior to the end of each Fiscal Period. All budgets are subject to the approval of the Joint Policy Board and MCP. Subject to the powers assigned to the Joint Policy Board pursuant to Article IV, PQC shall determine the amount and form of capital to be invested annually in the assets to be utilized by MCP. MCP shall specify the targeted profit margin for MCP, which shall be reflected in the overall budget.
Financial Planning and Budgeting
