Healthcare operations budget

Assignment Help Managerial Accounting

Reference no: EM1347839

Many areas should be considered when developing the healthcare operations budget. To accurately assess revenue and cost considerations, strategic forecasting should be performed. Each kind of healthcare business (i.e., hospital, health plan, facility other than the hospital) has its own issues to consider when forecasting.

Discuss possible areas of concern for the upcoming year's budget. Discuss the types of organizational budgets that would be most effective.

Objective: Discuss methods for planning, forecasting, and managing healthcare finances.

Identify the components of a basic operations budget, including how to prioritize effectively.

Reference no: EM1347839

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