Budget Revisions
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Identify three critical factors that create major organizational budget revisions during the fiscal year of a health care organization.
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This solution identifies three critical factors that creates major organizational budget revisions during the fiscal year of a health care organization.
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1. Identify three critical factors that create major organizational budget revisions during the fiscal year of a health care organization
1. State and budget cuts
For example, when state and local budget problems translate into major cutbacks to health care programs and services such as hospital emergency rooms and Medi-Cal. This necessitates budget revisions.
Similarly, when the government makes a budget revision and eliminates previous health are cuts, likewise the healthcare organization needs to revise their fiscal year budget as well. For example,
California's Revised Budget ...
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