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HCAD 375|91 EXAM 3 Exam Questions With Completely Correct Answers |Guaranteed Success
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Describe 3 types of common forecasts used in health care budgeting - ️️-staffing forecast -revenue forecast -operating expense forecast What type of assumptions and information are necessary to generate a revenue forecast? - ️️-utilization changes -patient mix changes -rate changes -capacity/volume In health care what commonly contributes to capacity limitations? - ️️-space and equipment availability -staffing availability What are the objectives/uses of a budget? - ️️measure financial performance determine growth
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