Zero-Based Budgeting is a budgeting method implemented by the hospitals. It is a budgeting method where every expense starts from zero for each new period. It is considered as different from the basing the new budget on last year’s numbers. In this method each department starts with a zero- base.
KEY FEATURES OF ZERO-BASED BUDGETING
- Starts from Zero
- Justification Required
- Prioritization of Needs
- Departmental Ownership
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CONCLUSION
Hospital Administration course provides a comprehensive understanding of how healthcare institutions function from an operational and managerial perspective. International Hospital Administration Training Coimbatore, has become a popular course option with hospitals choosing qualified administrators. As a hospital administrator, you will find that understanding facility maintenance enhances your ability. This career path offers long-term growth and stability, and with the right training, you will be prepared to seize opportunities instantly. Don’t miss this chance to start a rewarding career in healthcare administration and save yourself time by enrolling in the right training program today.
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