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Provide crossdepartmental initiative-based modeling

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Question: Five approaches to effective budgeting and forecasting in healthcare are below. Which one is the most effective and why?

  1. Align rolling forecasts, multiyear plans, and detailed budgets
  2. Embrace statisticallydriven approaches to enable efficient "what-if" modeling
  3. Incorporate Service Line Analytics to refine projections
  4. Provide crossdepartmental initiative-based modeling
  5. Promote feedback loop with management and executives via reporting

 

Reference no: EM133571699

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