Thursday, March 1, 2012

Budgeting

Budgeting is such a huge responsibility for a hospital. I cannot imagine having that responsibility. Budgeting for a household is complicated enough! There is a lot to consider when preparing a budget for a hospital. You have to consider the cost of personnel, housekeeping, medical supplies, cleaning supplies, utilities, water, insurance, food, emergencies and so much more. It was interesting to see in class how much that specific hospital lost, and how hard it was to decide where to cut back.

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