budget planning for hospital and nursing college

2. PLAN FOR SAVING
AND SPENDING
LIST OF ALL PLANNED
EXPENSES
POWERFUL TOOL :IT SERVES AS A
GUIDE FOR NURSING CARE ACTIVITIES,
ALLOCATION OF RECOURSES, SUPPLIES,
SUPPORT SERVICES AND FACILITIES
ANNUAL PLAN INTENDED TO GUIDE
EFFECTIVE USE OF HUMAN AND
MATERIAL RECOURSES

3. Fiscal refers to government finance i.e. legally accepted
government revenue & taxes
Budget is an estimation of future needs arranged
according to orderly basis covering some or all activities of
an enterprise for a
definite period of time.
- TN Chhabra

4. Budget is a balance estimated expenditure
and receipts for a given period of time. In the
hands of the administrator the budget is the
record of the past performance, a method of
current control and projection of future plans.
- Dimock

5. The process of estimating proposed
expenditures and the means of financing
these expenditure.
A systematic plan that is an informed
best estimate by nurse administrators of
revenues and nursing expenses.

6. PLAN FOR
FUTURE
COURSE OF
ACTION
REALIZING
ORGANIZATION
OBJECTIVE
MAKE
DECISION
GUIDE
FOR
ACTION
CONTROL
OVERALL
ACTIVITIES
CO-
COORDINATING
OPERATION

7. To enable the institution to
effectively meet its financial
requirements.
To carefully conceive
financial plans of all
departments.(clear to the
administration as to what the
institution’s financial
requirements are going to be)

8. OPERATING
CASH
CAPITAL

10. Cash budget are planned to
make adequate funds available
as needed and to use any extra
funds profitably.
The ensure that the agency has
enough, but not too much, cash
on hand during the budgetary
period.

11. SALARY & WAGES
MATERIALS & SUPPLIES
UTILITIES
MAINTAINENCE

12. BUDGET
PROCESS

13. NEED
IDENTIFICATION
OPERATING
EXPENSES
PRE-
REQUISITES
REVENUE

17. COLLECTION OF PAST DATA
ASSESS SUCCESS & FAILURES DURING PAST
SET OBJECTIVES FOR UPCOMING YEAR
ARRANGE OBJECTIVES AS PER SPECIFIC
DEPARTMENT/UNIT
PREPARE REPORT ON EXPENSES
PREPARE & REVIEW
BUDGET REPORT
EVALUATE THE
REPORT
PRESENT THE
REPORT
1
2
3
4
5
6
7
8

20. A hospital organization with clearly defined responsibility
for each department
A system of accounting designed to provide a measure of
performance
Active participation of staff members in the preparation of
the budget

23. REVENUE/INC
OME
AMOUNT EXPENDITURE AMOUNT
TUTION FEES 1,10,000 Salary(TEACHING & NON
TEACHING)
30,000 & 10000
LIBRARY 200 Library ACCORDING TO
BOOK PURCHASE
REGISTRATION 1100 Bus Maintenance 3 LAC CONTRACT
ID CARD 150 Electricity
APPLICATION 1000 Water
Telephone
Journals & Subscription
Lab consumables
Stationary
University Fees
Sports & Seminars
Building & Ground Maintenance
Equipments

24. 24DEVANGI SHARMA N
RECURRING
NON
RECURRING
•Salary
•Library books &
Maintenance
•Bus Maintenance
•Electricity
•Water
•Telephone
•Journals & Subscription
•Lab consumables
•Stationary
•University fees Affiliation
•Clinical Fee
•Sports & Seminars
•Building & Ground
Maintenance
•INC & SNC Fees
•Building
•Furniture
•Lab Equipments
•Vehicles
•Miscellaneous

25. CO-ORDINATION
INCLUDE ALL THE
EXPENDITURE AT THE
TIME OF PLANNING
BUDGET
BE
ACCOUNTABLE

27. Capital funding
• For preservation, upgrading, and replacement of
physical facilities and equipment
• For new technology
• For expansion
Operating needs
• For working capital and operating expenses
salaries, materials and supplies, maintenance,
utilities etc
Reserves
• For emergency needs

28. REVENUE/IN
COME
AMOUNT EXPENDITURE AMOUNT
Patient Fees Equipment and its sterilization
Charity funds Material Maintenance
Donations Electricity
Sponsors Water
Telephone
Laundry
Dietary facility for indoor patients
Lab consumables
Stationary
Sanitary maintenance
Engineering & maintenance
Pharmacy
Transport
Employee Facilities

29. 29DEVANGI SHARMA N
RECURRING
NON
RECURRING
Salary
Bus Maintenance
Electricity
Water
Telephone
Lab consumables
Stationary
Building
Furniture
Lab Equipments
Vehicles
Miscellaneous

32. RESOURCES
1. Eleanor J Sullivan, Philip J Decker. Effective leadership and management in nursing. 4th edition
published by Addison wesely. Page no.91-104.
2. B T Basavanthappa. Nursing administration. Jaypee publications. 1st edition. Page no.152-161.
3. T Ramaswami. Principles of management. 1stedition. Himalaya publishing house. Page no.361-394.
4. Budget planning guidelines. Com
5. Anderson, H. J. (1990). Report: hospitals need moresophisticated planning efforts. Hospitals, 64, 50-51.
6. Staff. (1990, September). Statement of cash flows as afinancial management tool. Health Care News,
8(3),-4.
7. Bentivegna, P. I, & Colwell, T. G. (1990). Master planlays foundation for facility investments. Healthcare
8. Financial Management, 44, 44-50.
9. Charny, R. M. & Kazemek, E. A. (1990). Improving departmentquality. Healthcare Financial
Management, 44, 94.
10. Cirn, J. & Gellatly, D. L. (1988). Financial management.
11. In J. A. Miller (ed.), NAB Study Guide. (pp. 99-115).