When analyzing an expense report of a general medical floor in a hospital what are some bench-marking techniques that can be used to avoid budget variances and those that might improve budget accuracy in future forecasts.
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Analysis of Budgets in Health Care
When analyzing an expense report of a general medical floor in a hospital what are some benchmarking techniques that can be used to avoid budget variances and those that might improve budget accuracy in future forecasts.
Some benchmarking techniques include setting budgets based on a strategic point of view to fund future growth and operations. First set the volume or revenue side of the budget and then balance …
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