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  • Budgeting MGT

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    Donna Ingusan-Bollozos
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    Centralized top level management at Beear Medical Center decides departmental budgets. The budget is categorized into manpower costs like salaries and benefits, capital costs like equipment and facilities, and operating costs like medical supplies. The budget philosophy includes fixed ceilings, programs, and some flexibility. Cost containment measures include incentives, monitoring, awareness, and reduction efforts. Decision making utilizes various tools.

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    Budgeting Mgt

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    Centralized top level management at Beear Medical Center decides departmental budgets. The budget is categorized into manpower costs like salaries and benefits, capital costs like equipment and facilities, and operating costs like medical supplies. The budget philosophy includes fixed ceilings, programs, and some flexibility. Cost containment measures include incentives, monitoring, awareness, and reduction efforts. Decision making utilizes various tools.

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    7 views1 page

    Budgeting MGT

    Uploaded by

    Donna Ingusan-Bollozos
    Centralized top level management at Beear Medical Center decides departmental budgets. The budget is categorized into manpower costs like salaries and benefits, capital costs like equipment and facilities, and operating costs like medical supplies. The budget philosophy includes fixed ceilings, programs, and some flexibility. Cost containment measures include incentives, monitoring, awareness, and reduction efforts. Decision making utilizes various tools.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    of 1

    Budgeting

    Centralized: Top Level management of Beear Medical Center decides about the budget of
    each department.

    Type of Budget Base on Institution

    1. Manpower- salary of nurses and personnel and benefits of the workers (Christmas
    Bonus, 13th month pay )
    2. Capital (hospital land, X-ray machines, new equipments)
    3. Operating ( IV fluid, syringes, alcohol swabs, ward repair)

    Budget Philosophy

    1. Fixed ceiling/ Fixed cost


    2. Program/ Continuing Education Program
    3. Flexible

    Cost Containment Measures

    1. Cost incentives

    2. Cost monitoring

    3. Cost awareness

    4. Cost reduction

    Decision Making Tools

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