Budgeting in healthcare is not just about financial constraints—it directly influences patient care. A well-structured budget ensures that hospitals, clinics, and other healthcare facilities have the necessary resources, including medical equipment, medications, and staffing, to provide optimal care. Without proper budgeting process in healthcare , healthcare institutions may face resource shortages, leading to compromised patient safety and satisfaction. For example, with budgeting healthcare institutions can preparing for unexpected events such as pandemics, economic downturns, or natural disasters that can strain healthcare resources.
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