health

DQ1W8 Planning and Budgeting 

 

Planning and budgeting are critical elements to the finance function and the existence of healthcare organizations (HCOs). To plan for a HCO budget, the finance department must incorporate many metrics of HCO functions for supporting the strategic plan.

Review the follwing link:

https://gbr.pepperdine.edu/2010/08/the-role-of-finance-in-the-strategic-planning-and-decision-making-process/

· Discuss the key components of HCOs financial condition, investment planning, capital planning, and operational planning for developing and implementing the HCO budget.

· Justify your response by citing evidence and giving clear logical reasons.

 

· The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response.

· Your main post must be two to three substantive paragraphs 150-200 total words and include at least two APA-formatted citations/references.