Strategic planning
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Why is it so important for healthcare organizations to budget in a strategic manner?
As a hospital CFO, what would be some of your most important considerations as you prepare your organizationâ??s operating budget for the fiscal year?
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Solution Summary
Strategic planning and budgeting benefits are featured in this solution.
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Strategic planning forces managers to anticipate where they want the health care organization to be in three to ten years; it forces managers to identify the resources that will be necessary to get there; and it forces managers to preview the provision of health care services at the end of the planning horizon. Strategic planning also provides the starting point for the operating plan and ...
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