Departmental Budgeting and Forecasting

Read “5 Approaches to Effective Budgeting & Forecasting in Healthcare”

https://www.hfma.org/brg/pdf/Ebook%205%20approaches%20to%20effective%20budgeting%20in

%20healthcare-final.pdf

After you read the article, discuss the most effective approaches to budgeting in the healthcare industry.

Which approach is the most effective and why?