Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Involving the medical staff in budgeting.

M B Guthrie, G W Mauer

    The Hospital Medical Staff
    |April 11, 1982
    PubMed
    Summary

    Medical staff involvement in capital budgeting increased organizational commitment and led to 60% of requested programs and equipment being funded. This article details the successful process for engaging staff in financial planning.

    Related Concept Videos

    You might also read

    Related Articles

    Articles linked to this work by shared authors, journal, and citation graph.

    Sort by
    Same author

    The management of Army personnel with peptic ulcer; an analysis of 200 cases.

    Military surgeon·2010
    Same author

    Get real: what will draw physicians to the Web?

    Physician executive·2001
    Same author

    Gaining physician support for risk management. "If we are in this together, why do I feel so alone?" (Reprinted from 1987).

    Journal of healthcare risk management : the journal of the American Society for Healthcare Risk Management·2000
    Same author

    Challenges in developing physician leadership and management.

    Frontiers of health services management·1999
    Same author

    Skills needed by physician CEOs. Interview by Barbara J. Linney.

    Physician executive·1998
    Same author

    Physician and hospital relationships.

    Healthcare executive·1991

    Area of Science:

    • Healthcare Management
    • Health Economics
    • Organizational Behavior

    Background:

    • Capital budgeting is crucial for healthcare facilities.
    • Historically, medical staff have had limited input in financial decision-making.
    • Engaging clinical staff can improve resource allocation and organizational alignment.

    Purpose of the Study:

    • To describe a process for involving medical staff in capital budgeting.
    • To evaluate the impact of staff involvement on commitment and budget outcomes.
    • To provide a model for enhancing participation in healthcare financial planning.

    Main Methods:

    • A participatory approach was implemented for capital budget requests.
    • Medical staff actively contributed to program and equipment proposals.
    • The process focused on collaborative decision-making and justification.

    Main Results:

    • Staff involvement fostered a greater sense of commitment to the organization.
    • Sixty percent of the programs and equipment requested by medical staff were incorporated into the final budget.
    • The process facilitated better alignment between clinical needs and financial resources.

    Conclusions:

    • Involving medical staff in capital budgeting enhances organizational commitment.
    • A structured, participatory process can significantly improve budget outcomes in healthcare.
    • This approach offers a valuable strategy for effective resource allocation and staff engagement.

    Related Experiment Videos