Organizations put a great deal of effort into their budget plans. Since budgets are based on projected data, sometimes the results go differently than anticipated. Why do good budgets go bad?
To answer this question, consider what causes budget results that are different than planned results, and explore approaches healthcare organizations use to take corrective action to ensure resources are available to maintain performance. Examine variance analysis, how it is calculated, and how it can be used in decision-making. Offer supporting ideas you believe they should address, alternative solutions to the issue, or specific financial, budgetary, or other challenges you believe their approach should address.