title: Integration of strategic, financial plans vital to success.
abstract: Without financial planning, healthcare administrators have no way of knowing if their strategies are realistic. Strategic and financial planning must work together at every level of healthcare management, from organization-wide efforts to individual programs. Administrators can use such techniques as product line management, flexible budgeting, and portfolio management to incorporate strategic and financial planning into daily operations.
mesh_terms: D005376:Financial Management; D005377:Financial Management, Hospital; D005544:Forecasting; D006740:Hospital Administrators; D006752:Hospital Planning; D007324:Institutional Management Teams; D009934:Organization and Administration; D010934:Planning Techniques; D014481:United States