budgeting-7

Budgeting–Part 1

Think back to last Week’s example of a nurse manager running a small university clinic. If you were this nurse manager, you would now have to prepare a budget for the coming year. First of all, who makes decisions about what goes in the budget? Do you get to decide as the manager of the clinic, or does your budget come from the university administration? Second, what are the critical items that must be included, and what are other items that may be less critical but still helpful to have? What if that flu epidemic hits? Will your budget be prepared for that? Could you deviate from the budget without dire consequences?

This week, you explore different philosophies of budget development and examine issues that influence budget decisions. You also practice developing a budget for a health care organization or department.

Learning Objectives

Students will:

  • Evaluate budgeting approaches
  • Apply volume calculations to budget decisions
  • Apply staffing and supply calculations to budget decisions

1-2 pages

APA format no cover page

3 references

 

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