Integrated Planning Budgeting And Accountaability System

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QUESTION ONE: 1.1. Discuss the integrated planning budgeting and accountability system (IPBAS) in the context of a specific department in a healthcare organisation such as a hospital. (15) The integrated planning budgeting and accountability system refers to an internationally recognizes standardizes prescriptive budgeting tool that aims to align government policies, plans and budget. This system focuses on shared vision and critical issues; and financial and infrastructure strength; integration also promises to rationally and efficiently allocate available resources to achieve strategic goals and objectives; and, lastly, promises to improve communication, encourage collaboration, and enable data-driven decision-making (Tsofa, Molyneux …show more content…

Planning and budgeting systems ensure efficient use of the scarce resources. Integrated planning supports strategic decision-making by providing a comprehensive view of resources and commitments that ensures the alignment of financial and capital resources with healthcare service delivery priorities .Moreover, it responds to the internal and external environmental factors, as well as satisfies the interests of the relevant stakeholders, groups and …show more content…

This data is to enable realistic forecasting and improved decision making. Ideally, leaders streamline operations, to remedy labour inefficiencies in healthcare (such as; working hours, understaffing impacts quality care, overstaffing leads to financial loss). The software uses predictive analytics, to gather the existing and needed staff complement, which enabled better scheduling of effective workforce. Moreover, it can be used to create a chart or graphical visualization of anticipated patient visits in advance. The financial planning tool enables availing of proper funds for staffing. Managers have more insight on operations, and can alter them as required to improve their revenues and quality of healthcare services. The integrated system budget provides a reference point of efficiency at the firm level instead of the system level. The advantage of using integrated budget as a reference is that the information needed can be obtained relatively easily from financial

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