Walden University Operational Decisions Paper

User Generated

UHGavxf

Health Medical

Walden University

Description

  • What are the key operational decisions that healthcare managers must consider when determining the annual budget for healthcare business?
  • Who are the stakeholders involved in overseeing that a healthcare facility is operationally sound?
  • What are the funding sources for the healthcare business and how are they obtained and maintained?

You are to explain the process for how administrator determines the annual budget for the healthcare business and how the manager ensures that the healthcare business is operationally sound. Then, explain who the stakeholders are and how they oversee the healthcare facility from an operational perspective. Finally, describe what funding sources are obtained and how they are maintained.

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Explanation & Answer

Attached. Please let me know if you have any questions or need revisions.

Running Head: OPERATIONAL DECSIONS

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Operational Decisions
Student Name
Institution Affiliation
Date

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OPERATIONAL DECSIONS
Operational Decisions

Operational decisions refer to managers' decisions to manage or control day-to-day
business. Major operational decisions which healthcare managers put in place when determining
the yearly budget include the size of available funds. Managers have to be aware of the firm’s size
of depe...


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