The Financial Roller Coaster: Planning for the Big Dip
Article Abstract:
Various strategies for financial curtailment-their advantages and disadvantage to health administration executives-are explored. Budgetary planning should take into account the most equitable manner to abridge expenditures, so that spirit and morale and functional productivity of the hospital staff is not impaired. Approaches for the most impartial methods include uniform departmental reductions, non-hiring due to attrition and delegation of authority in the realm of decision-making. Development of a budget from no prior assumptions, that is, from zero base (ZBB), is desirable for myriad institutions, which never really evaluate their past procedures or future objectives. To implement ZBB, a chart outline has been devised to form the basis of financial allocations, under the headings of objectives, requirements, activities, alternatives, benefits and consequences. An analysis of hospital services has produced a formulation in which maximum value is attained when vital roles are completed at minimum cost; the formula measures the worth of each service.
Publication Name: Hospital & Health Services Administration
Subject: Health care industry
ISSN: 8750-3735
Year: 1984
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Medical Staff Planning: An Approach to Managing Critical Hospital Assets
Article Abstract:
Hospitals must practice cost control and careful staff planning in these times of economic turbulence. Deregulation of the health care industry has produced alternate care services which are in competition with hospitals. Traditional approaches to hospital staff planning are extremely inadequate. A mathematical formula for staff planning is presented which can be used to relate a doctor's practice characteristics to his revenue- generating ability and the utilization of his services. The model can be used to predict alternate revenue outcomes by the rearrangement of assumptions regarding staff composition and utilization. The mathematical model can be tailored to individual institutions and departments within those institutions so as to remain consistent with individual values and goals.
Publication Name: Health Care Management Review
Subject: Health care industry
ISSN: 0361-6274
Year: 1984
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Issues management: the other side of strategic planning
Article Abstract:
Healthcare industry management should strive to change environmental influences to meet an organization's goals, rather than making efforts to make the organization fit the environment. Such an approach necessitates using a strategic issues management system which would integrate management issues and expand these activities, making use of additional research. Issues facing healthcare management include the public's negative attitude towards health organizations that call themselves non-profit.
Publication Name: Hospital & Health Services Administration
Subject: Health care industry
ISSN: 8750-3735
Year: 1993
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