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Advancing Community Hospitals

HELP WHERE HOSPITALS NEED IT ®

HELP WHERE HOSPITALS NEED IT ®

Annual Business Plan and Operational Budget

 

Working collaboratively with hospital executive teams, CHC Consulting facilitates the development of annual business plans and operational budgets for hospitals. The process begins with a comprehensive market assessment. By examining each hospital's market demographics, market share and admission trends, CHC Consulting is equipped to facilitate a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis, followed by an interactive session from which the next fiscal year's strategic initiatives emerge. An operational budget is then determined, based on past performance and incorporating such factors as future expectations, growth strategies and capital investments.

Services:

We often start with a comprehensive operational assessment that outlines key performance issues and opportunities, followed by a detailed plan for improvement.

Advancing Community Hospitals