Capital Budgeting in Healthcare Finance
Financial well-being is a broad topic that is at the heart of healthcare operations. Healthcare organizations have the responsibility of providing quality medical care at an affordable rate to their patients. They also have an obligation to make enough of a profit doing so, that they are able to continue providing care. Two critical aspects of healthcare finance are capital budgeting and operations budgeting . These two budget tools work together to help give healthcare financial managers and senior leaders a clear picture of the company’s financial strengths, weaknesses, and viable future growth opportunities. This blog exists to explore these concepts more fully. Welcome! Glad you're here.