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Theb budgetaryb obligationsb ofb healthcareb organizationsb areb manyb andb
different.b Withb improvementb inb datab technologyb andb theb highestb priorityb inb
safety,b maximizingb patientb careb quality,b thereb areb steadyb improvementsb thatb
areb importantb tob beb takenb tob maintainb ab healthcareb trendb thatb isb everchanging.
Ab capitalb budgetb needsb tob beb monitoredb closelyb byb healthcareb organizations.b
Maintainingb ab comprehensiveb understandingb ofb theb entireb facilityb byb
healthcareb organizationsb requiresb developmentb andb effectiveb long-termb
capitalb planb throughb determiningb improvementsb required,b prioritizingb thoseb
improvementsb tob alignb themb withb theb organization'sb goals,b andb lastly,b
ensuringb thatb moneyb isb spentb asb planned.b (Dufresne,b p.38).b Forb
organizationsb tob beb successful,b theyb areb requiredb tob beb highlyb strategic.b
Organizationsb needb tob establishb financialb performanceb parameters,b useb
capitalb andb balanceb sourcesb andb assessb howb financialb positionsb willb beb
affectedb byb criticalb assumptionsb tob provideb moreb outstandingb valueb care.b
(Hedges,b 2016).
References:
Dufresne,b R.b (2009).b Bestb practicesb inb healthcareb facilitiesb capitalb planning.b
Healthcareb Design,b 6(9),b 36-40.
Hedges,b C.b (2014).b howb Hospitalsb Shouldb Approachb Financialb planningb inb
Changingb times,b Trusteeb Archives.b Retrievedb fromb
https://www.trusteemag.com/articles/772-how-hospitals-shouldb approachb
financialb planningb inb changingb times
Abualoush,b S.,b Masa'deh,b R.,b Bataineh,b K.,b &b Alrowwad,b A.b (2018).b Theb
roleb ofb knowledgeb managementb processb andb intellectualb capitalb asb
intermediaryb variablesb betweenb knowledgeb managementb infrastructureb andb
organizationb performance.b Interdisciplinaryb Journalb ofb Information,b
Knowledge,b andb Management,b 13,b 279-309.b
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