CM477-0802A-01 Finance in Health Care Phase 2 Discussion Board

Deliverable Length: 3-4 paragraphs

Details: Many areas must be considered when developing a healthcare operations budget. To accurately assess revenue and cost considerations, strategic forecasting must be performed. Each type of healthcare business (i.e., hospital, health plan, facility other than a 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.

Date Due: Tuesday, Apr 22, 2008 by 12am eastern time

Objective: Discuss methods for planning, forecasting, and managing healthcare finances.
Identify the components of a basic operations budget, including how to prioritize effectively.

Please include a reference page, citations, quotes, etc....